I presented a paper on this subject at the Academy of Management in the summer of 1999. Surprisingly few empirical studies have been done looking at managerial decision making. This is an ongoing descriptive study which grew out of student research projects at Wittenberg and which I have continued at the Mount. The current goal is to structure the database and conduct qualitative analyses leading to the framework for a quantitative study. The scientific study of such phenomena remains controversial.
Many scientists doubt such phenomena have any factual basis.
Psychologists have demonstrated how easily we can deceive ourselves. On the other hand, in intelligence activities recently declassified, the United States government trained individuals and developed methods to obtain information using protocols one would call clairvoyant, and did so with some success. My interest in this area, specifically the problem of repeatability, is long standing. In the 70s Douglas Dean and John Mihalasky examined business success and ESP in corporate executives. Jack Duncan in an organizational behavior textbook suggested business scholars should follow this work more closely.