For companies operating in a competitive environment, time is the enemy. But time is missing from conventional formulations of wicked problems.
The usual descriptive factors of a wicked problem look like this (more detail)
As I have been thinking more about wicked problems and how they apply in strategic business contexts, this missing element of time has become more of a issue. It drives so much of how businesses behave: time is money, and so companies want to move fast to be efficient. But more importantly, they are in a race to find desirable solutions for their customers. This means also racing to understand the boundaries of the wicked problem.
Furthermore, I contend that cracking wicked problems provides companies a major, sustained competitive edge. There are at least a couple of reasons for this:
In all these cases businesses are torn between the need to move rapidly to crack open the wicked problem and capitalize on it, and on the other to move slowly so that they are understanding the problem properly and not jumping to conclusions. This tension creates risk, which in turn heightens the social fragmentation in the organization. Time is therefore the enemy in wicked problems, and we need to update our definition of them to include it.