DOUBLE LOOP LEARNING

Risk Management and Decision Making Glossary

Risk Management and Decision Making — Double loop learning

Information on Double loop learning

Double loop learning occurs when mismatches or errors [difference, d, between actual and desired states] are corrected by first examining and altering the governing variables and then taking action. Governing variables are the preferred states that individuals strive to "satisfice" when they are acting. These governing variables are not the underlying beliefs or values people espouse. They are the variables that can be inferred, by observing the actions of individuals acting as agents for the organisation, to drive and guide their actions.

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