--- title: "Meaning & Key Takeaway of: A stochastic process is about the results…" description: "\"A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.\" — Anthony Stafford Beer" image: "https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png" --- # A stochastic process is about the results of convolving… ![“A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.” quote by Anthony Stafford Beer](https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png) [Download](https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png) [Open image](https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png) > “A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.” [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. It describes how managing uncertainty resembles combining probability distributions, emphasizing that management is fundamentally about handling chance. **In simple terms:** Management deals with chance. Key Takeaway Embrace uncertainty in decisions. Themes management probability uncertainty decision‑making Mood analytical cautious Type theoretical practical When to use this quote - business strategy - risk assessment - project planning - resource allocation Key Concepts systems theory cybernetics stochastic processes Questions to Reflect On - How can you incorporate human judgment with probabilistic tools? - What risks arise from over‑reliance on models? A Different Perspective Probability models can oversimplify complex human factors. ★ ★ ★ ★ ★ No ratings yet [Convolving](https://sms4smile.com/quotes/about/convolving-6002007/) [Convolving Probabilities](https://sms4smile.com/quotes/about/convolving-probabilities-6002005/) [Management](https://sms4smile.com/quotes/about/management/) [Probability](https://sms4smile.com/quotes/about/probability/) [Process](https://sms4smile.com/quotes/about/process/) [Results](https://sms4smile.com/quotes/about/results/) [Results Convolving](https://sms4smile.com/quotes/about/results-convolving-6002006/) [Stochastic](https://sms4smile.com/quotes/about/stochastic-1897095/) [Stochastic Process](https://sms4smile.com/quotes/about/stochastic-process-6002004/) [Wells](https://sms4smile.com/quotes/about/wells/) ## Related quotes > [On the theoretical side, I was concerned with stochastic resonance.](https://sms4smile.com/quotes/richard-ernst/on-the-theoretical-side-i-was-concerned-with-stochastic-resonance/) [Richard Ernst](https://sms4smile.com/quotes/author/richard-ernst/) > [“stochastic neural network”](https://sms4smile.com/quotes/anonymous/stochastic-neural-network/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [It is the concept of likelihood that a real understanding of probability resides, and we must learn how to measure it.](https://sms4smile.com/quotes/anthony-stafford-beer/it-is-the-concept-of-likelihood-that-a-real-understanding-of/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [The probability that a genius can do stupid things is much higher than the probability that a stupid can do genius things.](https://sms4smile.com/quotes/mehmet-murat-ildan/the-probability-that-a-genius-can-do-stupid-things-is-much-higher/) [Mehmet Murat Ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [You must maximize the probability that someone shows up at front door of your store or website and ends up with a solved problem.](https://sms4smile.com/quotes/drew-houston/you-must-maximize-the-probability-that-someone-shows-up-at-front-door/) [Drew Houston](https://sms4smile.com/quotes/author/drew-houston/) > [If WE claim only reasonable probability, it will be as much as men who love the truth can ever at any given moment hope…](https://sms4smile.com/quotes/william-james/if-we-claim-only-reasonable-probability-it-will-be-as-much-as-men-who/) [William James](https://sms4smile.com/quotes/author/william-james/) > [I believe that we do not know anything for certain, but everything probably.](https://sms4smile.com/quotes/christiaan-huygens/i-believe-that-we-do-not-know-anything-for-certain-but-everything/) [Christiaan Huygens](https://sms4smile.com/quotes/author/christiaan-huygens/) > [The probability of failure doesn't matter to me.](https://sms4smile.com/quotes/vinod-khosla/the-probability-of-failure-doesn-t-matter-to-me/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [I also, as I think most people do, have a healthy instinct that if we upset the balance of nature, we are in all…](https://sms4smile.com/quotes/tony-blair/i-also-as-i-think-most-people-do-have-a-healthy-instinct-that-if-we/) [Tony Blair](https://sms4smile.com/quotes/author/tony-blair/) > [The lower the family income, the higher the probability that the mother must work. Today, 1 out of 5 of these working mothers has…](https://sms4smile.com/quotes/john-f-kennedy/the-lower-the-family-income-the-higher-the-probability-that-the/) [John F. Kennedy](https://sms4smile.com/quotes/author/john-f-kennedy/) > [It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true,…](https://sms4smile.com/quotes/john-maynard-keynes/it-has-been-pointed-out-already-that-no-knowledge-of-probabilities/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to…](https://sms4smile.com/quotes/peter-drucker/we-can-say-with-certainty-or-90-probability-that-the-new-industries/) [Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/) > [“I don't simply create probabilities, I guide them.”](https://sms4smile.com/quotes/lionel-suggs/i-don-t-simply-create-probabilities-i-guide-them/) [Lionel Suggs](https://sms4smile.com/quotes/author/lionel-suggs/) > [Some people are under the impression that all that is required to make a good fisherman is the ability to tell lies easily and…](https://sms4smile.com/quotes/jerome-k-jerome/some-people-are-under-the-impression-that-all-that-is-required-to/) [Jerome K. Jerome](https://sms4smile.com/quotes/author/jerome-k-jerome/) > [Everything is allowable in literature, but what is not allowable in criticism is objection on the grounds of probability.](https://sms4smile.com/quotes/howard-jacobson/everything-is-allowable-in-literature-but-what-is-not-allowable-in/) [Howard Jacobson](https://sms4smile.com/quotes/author/howard-jacobson/) ## More by Anthony Stafford Beer > [The system of transportation is not coherent; it is not treated as integral. Roads compete with with railroads and airlines in chaotic fashion, and…](https://sms4smile.com/quotes/anthony-stafford-beer/the-system-of-transportation-is-not-coherent-it-is-not-treated-as/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [Management problems are not respecters of the company organization, nor of the talents of the people appointed to solve them.](https://sms4smile.com/quotes/anthony-stafford-beer/management-problems-are-not-respecters-of-the-company-organization/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [Instead of trying to specify a system in full detail, specify it only somewhat. You can then ride on the dynamics of the system…](https://sms4smile.com/quotes/anthony-stafford-beer/instead-of-trying-to-specify-a-system-in-full-detail-specify-it-only/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [A slowly moving queue does not move uniformly. Rather, waves of motion pass down the queue. The frequency and amplitude of these waves is…](https://sms4smile.com/quotes/anthony-stafford-beer/a-slowly-moving-queue-does-not-move-uniformly-rather-waves-of-motion/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [It is terribly important to appreciate that some things remain obscure to the bitter end.](https://sms4smile.com/quotes/anthony-stafford-beer/it-is-terribly-important-to-appreciate-that-some-things-remain/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [The purpose of a system is what it does. There is after all, no point in claiming that the purpose of a system is…](https://sms4smile.com/quotes/anthony-stafford-beer/the-purpose-of-a-system-is-what-it-does-there-is-after-all-no-point/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [Policy-making, decision-taking, and control: These are the three functions of management that have intellectual content.](https://sms4smile.com/quotes/anthony-stafford-beer/policy-making-decision-taking-and-control-these-are-the-three/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [The strategies that managers employ are at least as important as the facilities at their disposal.](https://sms4smile.com/quotes/anthony-stafford-beer/the-strategies-that-managers-employ-are-at-least-as-important-as-the/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [If cybernetics is the science of control, management is the profession of control.](https://sms4smile.com/quotes/anthony-stafford-beer/if-cybernetics-is-the-science-of-control-management-is-the-profession/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [It is the concept of likelihood that a real understanding of probability resides, and we must learn how to measure it.](https://sms4smile.com/quotes/anthony-stafford-beer/it-is-the-concept-of-likelihood-that-a-real-understanding-of/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [There is, then, a logical priority about the arrangements, and logic has nothing to do with time.](https://sms4smile.com/quotes/anthony-stafford-beer/there-is-then-a-logical-priority-about-the-arrangements-and-logic-has/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [According to the science of cybernetics, which deals with the topic of control in every kind of system (mechanical, electronic, biological, human, economic, and…](https://sms4smile.com/quotes/anthony-stafford-beer/according-to-the-science-of-cybernetics-which-deals-with-the-topic-of/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [Certain management policies-stretching of credit resources, for example-may lead to great progress in good conditions; but, like the Grand Prix car in comparison with…](https://sms4smile.com/quotes/anthony-stafford-beer/certain-management-policies-stretching-of-credit-resources-for/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) > [Too close a view may interfere with one's grasp of an overall problem or concept.](https://sms4smile.com/quotes/anthony-stafford-beer/too-close-a-view-may-interfere-with-one-s-grasp-of-an-overall-problem/) [Anthony Stafford Beer](https://sms4smile.com/quotes/author/anthony-stafford-beer/) [Explore all 15 Anthony Stafford Beer quotes ](https://sms4smile.com/quotes/author/anthony-stafford-beer/) ## More Management quotes > [“Only careful political manoeuvring will be able to manage the situation.”](https://sms4smile.com/quotes/davan-yahya-khalil/only-careful-political-manoeuvring-will-be-able-to-manage-the/) [Davan Yahya Khalil](https://sms4smile.com/quotes/author/davan-yahya-khalil/) > [The Derby experience had not been good for me and the way it finished left a very bad taste in my mouth so I…](https://sms4smile.com/quotes/nigel-pearson/the-derby-experience-had-not-been-good-for-me-and-the-way-it-finished/) [Nigel Pearson](https://sms4smile.com/quotes/author/nigel-pearson/) > [The only regret I have in my career, is my managers wanted a big payday, and I wanted four or five more fights before…](https://sms4smile.com/quotes/gerry-cooney/the-only-regret-i-have-in-my-career-is-my-managers-wanted-a-big/) [Gerry Cooney](https://sms4smile.com/quotes/author/gerry-cooney/) > [My non-career. My excuse for a career? Honestly, I never think about the word 'career.' I've had managers, the minute they say it to…](https://sms4smile.com/quotes/tom-verlaine/my-non-career-my-excuse-for-a-career-honestly-i-never-think-about-the/) [Tom Verlaine](https://sms4smile.com/quotes/author/tom-verlaine/) > [While the people retain their virtue and vigilance, no administration, by any extreme of wickedness or folly, can very seriously injure the government in…](https://sms4smile.com/quotes/abraham-lincoln/while-the-people-retain-their-virtue-and-vigilance-no-administration/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [“Without time management, you lose control of your life and do what other people tell you to do. You lose control and become a…](https://sms4smile.com/quotes/thomas-miller/without-time-management-you-lose-control-of-your-life-and-do-what/) [Thomas Miller](https://sms4smile.com/quotes/author/thomas-miller/) > [There are things you can do in training like learn from the manager and talk with team-mates, but it's the game that tests you.](https://sms4smile.com/quotes/oliver-burke/there-are-things-you-can-do-in-training-like-learn-from-the-manager/) [Oliver Burke](https://sms4smile.com/quotes/author/oliver-burke/) > [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/) [Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/) > [“I had come to Boyne City because I have always been drawn to nature's secrets more than to, say Hollywood's secrets or the secrets…](https://sms4smile.com/quotes/langdon-cook/i-had-come-to-boyne-city-because-i-have-always-been-drawn-to-nature-s/) [Langdon Cook](https://sms4smile.com/quotes/author/langdon-cook/) > [I won't be managing the Mets. I am closing the door on managing the Mets and probably everybody else.](https://sms4smile.com/quotes/joe-torre/i-won-t-be-managing-the-mets-i-am-closing-the-door-on-managing-the/) [Joe Torre](https://sms4smile.com/quotes/author/joe-torre/) > [If you want to serve in a Trump administration, you're going to serve this country, not yourself.](https://sms4smile.com/quotes/sean-spicer/if-you-want-to-serve-in-a-trump-administration-you-re-going-to-serve/) [Sean Spicer](https://sms4smile.com/quotes/author/sean-spicer/) > [Football is a team sport. I'm proud of what I achieved in my career, but I also know that I wouldn't have achieved any…](https://sms4smile.com/quotes/peter-schmeichel/football-is-a-team-sport-i-m-proud-of-what-i-achieved-in-my-career/) [Peter Schmeichel](https://sms4smile.com/quotes/author/peter-schmeichel/) > [If I told my wife I was going to become a manager she'd say 'sign this then. Don't worry it's only a divorce. 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Why was…](https://sms4smile.com/quotes/s-ren-kierkegaard/who-tricked-me-into-this-whole-thing-and-leaves-me-standing-here-who/) [Søren Kierkegaard](https://sms4smile.com/quotes/author/s-ren-kierkegaard/) [Browse all 8,379 Management quotes ](https://sms4smile.com/quotes/about/management/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.", "creator": { "@type": "Person", "name": "Anthony Stafford Beer" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/anthony-stafford-beer/a-stochastic-process-is-about-the-results-of-convolving-probabilities/", "about": { "@type": "Thing", "name": "Management" }, "@id": "https://sms4smile.com/quotes/anthony-stafford-beer/a-stochastic-process-is-about-the-results-of-convolving-probabilities/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png", "contentUrl": "https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png", "url": "https://sms4smile.com/quotes/i/307/anthony-stafford-beer-32446_management_a-stochastic-process-is-about-the-result_2399084.png", "width": 1080, "height": 1080, "caption": "“A stochastic process is about the results of convolving probabilities-which is just what management is…” — Anthony Stafford Beer", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Anthony Stafford Beer", "item": "https://sms4smile.com/quotes/author/anthony-stafford-beer/" }, { "@type": "ListItem", "position": 4, "name": "A stochastic process is about the...", "item": "https://sms4smile.com/quotes/anthony-stafford-beer/a-stochastic-process-is-about-the-results-of-convolving-probabilities/" } ], "@id": "https://sms4smile.com/quotes/anthony-stafford-beer/a-stochastic-process-is-about-the-results-of-convolving-probabilities/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```