The Wisdom of Uncertainty

Lead from Within

Alan Watts, the British-born philosopher, has pointed out the sense, which we all seem to share, that we live in a time of unusual uncertainty. He accredits this feeling to all the new technologies and science that we are bombarded with. Our technology, our business, our science have all grown exponentially, leaving us feeling more uncertain than ever. Faced with uncertainty, we naturally strive to take control. Control is an illusion and uncertainty is the reality.

How to Move Through Uncertainty to Opportunity

Leadership Freak

Leadership is rich with uncertainty. Turbulent times, regulations and compliance, technology, politics, people, and global markets enflame uncertainty. Image source Ineffective leaders require certainty before they act, I am certain. On the other hand, successful leaders make decisions where outcomes are uncertain. Additionally, complex challenges have more than one solution. A surprising juxtaposition: “Trustworthy leaders [.].

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Geopolitics, Technology, and Risk

Harvard Business

Geopolitical expert Ian Bremmer joins Azeem Azhar to discuss how the forces of technology are shaping and threatening global stability. Globalization Managing uncertainty Technology Audio

Digital Transformation Is About Talent, Not Technology

Harvard Business

Developing employees Talent management Managing uncertainty Technology Digital ArticleHow to future-proof your personnel — especially in uncertain times.

7 Ways to Lead Well During Times of Uncertainty and Change

Let's Grow Leaders

We’ve seen changing regulatory environments, disruptive technology, and natural disasters lead to a paralyzing cycle of “what ifs” that lead to inaction. Sometimes when you go to build your strategic plan, it can seem like there are more questions than answers. One […]. Winning Well

How to make the most of uncertainty

First Friday Book Synopsis

Bob's blog entries 20/20 Foresight: Crafting Strategy in an Uncertain World Advanta Best Buy Biomet CDMA (Code Division Multiple Access) technology Harvard Business School Press How to make the most of uncertainty Hugh Courtney M. Here is an excerpt from another “classic” article featured online by The McKinsey Quarterly, published by McKinsey & Company, and written by Hugh Courtney.

Using SWOT During Times of Economic Uncertainty

Six Disciplines

During times of economic uncertainty, strategy refinement and execution need to become the top priority for business leaders. The external factors may include the economy, technological change, legislation, and socio-cultural changes, as well as changes in your marketplace or competitive position. BOTTOMLINE: While it''s important to regularly conduct a SWOT analysis on your business, it''s critical to revisit SWOT during times of economic uncertainty.

SWOT 85

Using SWOT During Times of Economic Uncertainty

Six Disciplines

During times of economic uncertainty, strategy refinement and execution need to become a top priority for business leaders. The external factors may include the economy, technological change, legislation, and socio-cultural changes, as well as changes in your marketplace or competitive position. BOTTOMLINE: While it's important to regularly conduct a SWOT analysis on your business, it's critical to revisit SWOT during times of economic uncertainty.

SWOT 92

Using SWOT During Times of Economic Uncertainty

Six Disciplines

During times of economic uncertainty, strategy refinement and execution need to become a top priority for business leaders. The external factors may include the economy, technological change, legislation, and socio-cultural changes, as well as changes in your marketplace or competitive position. BOTTOMLINE: While it's important to regularly conduct a SWOT analysis on your business, it's critical to revisit SWOT during times of economic uncertainty.

SWOT 89

Cyberattacks Are Inevitable. Is Your Company Prepared?

Harvard Business

Technology Security & privacy Managing uncertainty Strategy Digital ArticleThe first time you test your plan shouldn’t be during a crisis.

You Can’t Make Good Predictions Without Embracing Uncertainty

Harvard Business

With exquisite mock precision, they describe these highly specific futures, shrugging off uncertainty on the grounds that the future is ultimately unknowable. Risk is relegated to a qualitative discussion of potential problems, often resulting in an upward adjustment of the discount rate to compensate for the lack of accounting for uncertainty in the overall analysis. But the uncertainty of the future is no excuse for less rigor or clarity.

5 Actions That Help Create Stability in the Midst of Uncertainty

You're Not the Boss of Me

And, through technology, we are choosing to make that World more intricate and more accessible which renders our day-to-day dance both exciting and sometimes horribly stressful. Of course it wasn’t the only thing they did to help sustain the people but it served as a vote of confidence in the spirit and capability of the British people to stay the course and overcome the hardship, terror and uncertainty that war had foisted upon them. Today too, we are bursting with uncertainty.

Book Review: “Great by Choice: Uncertainty, Chaos, and Luck – Why Some Thrive Despite Them All”

The Practical Leader

It’s the culmination of a nine year research project that began in 2002 "in the aftermath of 9/11 and the bursting stock bubble, watching the exponential rise of global competition and the relentless onslaught of technological disruption, hearing the rising chant of ‘change, change, change…’" While a faculty member at Harvard Business School, Morten Hansen provided Jim Collins with input on his seminal book, Good to Great.

How to Safeguard Against Cyberattacks on Utilities

Harvard Business

Managing uncertainty Risk management Technology Digital ArticleIn 2019, California showed us how costly a sustained power outage can be.

Cost 28

Understanding The Power Of Our Words

Tanveer Naseer

I imagine for some of you, your answer would be the personal computer and all the technological marvels that now make up our digital world. In the end, our division was untouched by the merger, but thanks to our president’s lack of words to assure and support his employees through this period of uncertainty, our firm ended up losing valuable people who were vital to the organization’s future growth and prosperity.

Power 205

Moving From ‘Good Enough’ To Greatness

Tanveer Naseer

So even though we may believe that our assumptions are unbiased and accurate, the truth is that these decisions and choices we make serve more to validate how we choose to see and understand our world because that helps to reduce uncertainty in our brain’s decision-making process. Thanks to the technological advancements of the past few decades, managing processes is no longer enough for us to ensure our ability to collectively succeed and grow.

How To Simplify The Way We Work

Tanveer Naseer

Indeed, one of the hallmarks of our digital age is the pursuit of simplification – where we use our smartphones and other technological devices to help us simplify both the way we work and how we get things done. And that’s why addressing this question next helps to address that uncertainty because now we’re able to qualify why certain measures are being kept in place while others are being tossed aside.

How To 198

Paul J.H. Schoemaker: An interview by Bob Morris

First Friday Book Synopsis

and serves as Research Director of the Mack Center for Technological Innovation at the Wharton School. Edward Russo Paul Schoemaker Peripheral Vision Profiting from Uncertainty Strategic Radar Inc. the Mack Center for Technological Innovation at the Wharton School Wharton On Managing Emerging TechnologiesPaul Schoemaker is the founder and chairman of Decision Strategies International, Inc.,

Coronavirus, 5G, and Earnings Season

Harvard Business

Managing uncertainty Disruptive innovation Technology Audio

Surviving a Crisis During the Techlash

Harvard Business

Risk management Managing uncertainty Technology Audio

How the Natural Resources Business Is Turning into a Technology Industry

Harvard Business

These are just some of the many ways technology is transforming the demand and supply of resources. The adoption of robotics, internet-of-things technology, and data analytics — along with macroeconomic trends and changing consumer behavior — are fundamentally transforming the way resources are consumed. Technology is enabling people to use energy more efficiently in their homes, offices, and factories. But that’s where technology comes in.

4 Secrets of Great Critical Thinkers

First Friday Book Synopsis

magazine website J D Wetherspoon John Austin Mack Center for Technological Innovation Paul J.H. Schoemaker Peripheral Vision Profiting from Uncertainty Royal/Dutch Shell The best problem solvers see a complex problem through multiple lenses the key components of strategic aptitudeBrilliant Mistakes: Finding Success at the Far Side of Failure Thinking [comma] Fast and Slow Wharton On Managing Emerging Technologies Wharton School of the University of Pennsylvania Winning Decisions

Can Technology End Poverty?

Harvard Business Review

If you believe the hype, technology is going to help us end global poverty. Berkeley researcher Kentaro Toyama has a blog dedicated to calling out naïve or inappropriate uses of information and communication technologies (ICT). Calling himself the ICT4D jester (using the development jargon for "information and communication technologies for development"), he has no shortage of material. To do that, it's vital that technology be suitable and relevant to the lives of its users.

New Rules to Stay Competitive

Coaching Tip

Rapid changes in technology, shifting customer expectations, disruptive business models, and quickly evolving regulations force organizations to innovate quickly and invest in new lines of business that will fuel future growth. Leaders can't afford to let fear, uncertainty and doubt paralyze them. Growth has always been fundamental to business success, but it's never been more critical than it is now.

Strategy and The Uncertainty Excuse

Harvard Business Review

This is an argument I hear particularly often in high-technology sectors. The danger, of course, is that while we are using uncertainty as an excuse to put off making strategic choices, the competition may be doing something else entirely. When I ask business executives about their company's strategy — or about an apparent lack thereof — they often respond that they can't or won't do strategy because their operating environment is changing so much.

Research Shows Strong Leaders Aren’t Controlled by Technology and Workloads

The Practical Leader

” They’ve found that “technology is taking over” with expectations that “employees will be available 24/7, and will respond 24/7… in our latest study, we asked how much time people spent on work-related e-mails during a work day and a non-work day, and found it’s almost four hours during work days and just over another two hours on work-related e-mail during non-work days.” Are You in Control of or Controlled by Technology?

Can Technology End Poverty?

Harvard Business Review

If you believe the hype, technology is going to help us end global poverty. Berkeley researcher Kentaro Toyama has a blog dedicated to calling out naïve or inappropriate uses of information and communication technologies (ICT). Calling himself the ICT4D jester (using the development jargon for "information and communication technologies for development"), he has no shortage of material. To do that, it's vital that technology be suitable and relevant to the lives of its users.

The Fear of the Finger

Nathan Magnuson

The market changes, a new technology comes along, the weather fails to cooperate. Courage Influence Leadership Personal Effectiveness blame courage fear finger finger pointing risk uncertainty I’m afraid I’ve come to recognize a serious leadership deficit today in America. It’s probably nothing new. It’s what I call “the fear of the finger.” Not the middle finger, mind you. I’m talking about the index finger.

Strategy’s strategist: An interview with Richard Rumelt

First Friday Book Synopsis

third generation] cellular technology high-bandwidth opportunities are being overhyped in this 3G game technologists often overshoot consumer demand speculative judgments are the essence of strategic thinking Strategic thinking helps us take positions in a world that is confusing and uncertain ambiguity and uncertainty are the flip side of opportunityHere is an excerpt from an interview of Richard Rumelt co-conducted by Dan P. Lovallo and Lenny T.

Leading Thoughts for February 13, 2020

Leading Blog

Rachel Botsman discussing trust issues that revolve not just around trust and technology, but trust issues around size: “I think so much of what we need in our lives are smaller systems, where you can really serve people’s best interests. Source: The Age of Uncertainty. * * *.

A Promising Year for Technology and Innovation

Harvard Business Review

Yet, even in the midst of gridlock in Washington, economic anxiety around the world, and government liquidity crises in Europe, technology marched on, seemingly impervious to global events. Technology companies with the capabilities and courage to innovate were bright spots and signals of important trends for the future. It also signified important technological directions that are reshaping other industries. Economy Innovation Technology

From Bubble Bursts to Recessions, This CEO Advises How to Overcome Time Without Business

CEO Insider

As a career-long serial entrepreneur, I’m used to leading through uncertainty. My first technology start-up crashed during the dotcom bubble burst and I financially turned around a company during the Great Recession.

CEO 77

Lead Remote Meetings that Get Results and Build Relationships

Let's Grow Leaders

In this episode you’ll get several ways to ensure that your remote meetings are the best use of everyone’s time – including how to take advantage of technology to do […]. Even after social distancing ends, remote meetings are here to stay.

Uncharted: How to Navigate the Future

Leading Blog

Different from experiments that “reveal immediate internal features of a complex system, scenarios explore where the internal organization meets the external environment, where uncertainties lurk beyond anyone’s control.”. P REDICTION has never been easy – or that accurate.

How To 327

Taking a Look at the Future of Oil and Gas Industry

Strategy Driven

Renewable technology is gaining ground left and right. Sustainable technology is getting cheaper as time rolls by. What is more, the adoption of new technologies will facilitate oil and gas operations. Technology also gives the oil and gas industry a chance to wash its face.

Today’s Leaders All Share These 5 Traits – A Digital Mindset

N2Growth Blog

The best leaders have a propensity for looking for ways to leverage digital technology for competitive gain.If It’s the only way you can help your business leverage data and information technologies in the pursuit of growth and profitability. Digital technology and media are omnipresent in business nowadays. Today’s leaders need a thirst to understand all the capabilities that technology has to offer and get energized by the art of the possible.

The Industries Plagued by the Most Uncertainty

Harvard Business Review

It’s a cliché to say that the world is more uncertain than ever before, but few realize just how much uncertainty has increased over the past 50 years. That means new technologies and new competitors are hitting the market at an unprecedented rate. Although uncertainty is accelerating, it isn’t affecting all industries the same way. That’s because there are two primary types of uncertainty — demand uncertainty (will customers buy your product?)

Leadership Accountability

Great Leadership By Dan

No truer words have ever been spoken and now in a world gripped by a global pandemic, all leaders will need to be stronger than they have ever been to lead us through the uncertainty and ambiguity we all face.

Is Your Organization Digitally Mature?

Leading Blog

In the same way, digital disruption is not about the technology as much as it is about how companies can make their way through the new competitive environment they find themselves in. Digital disruption is more about the people than it is the technology. People are the focus of The Technology Fallacy by Gerald Kane, Anh Phillips, Jonathan Copulsky, and Garth Andrus. “It’s W E’RE not in Kansas anymore.

Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. When faced with uncertainty, how should leaders react? You can, however, embrace uncertainty by adjusting your views as new information becomes available. Bayes is relevant to modern leaders because it can help them develop an approach to uncertainty that is less deterministic and more probabilistic.

VCs See Gold Rush in the HR Tech Scene

HR Digest

But recent years have seen an explosion of interest in the global human resource (HR) technology market, particularly in North America. According to the global HR tech VC report for Q1 2019, there’s significant rise in investing in HR technology market.

CAGR 36

Africa Shines in Employee Engagement

N2Growth Blog

The significant increases in employee engagement have been partially eroded due to global anxiety and rapid technological advances creating uncertainty about job losses, although Africa’s engagement levels continue to rise. However, rapid technological advances are a threat to job creation. Driverless cars, drones, virtual reality, artificial intelligence, Machine learning and other technologies are competing with jobs like never before.

Hiring and Managing in Turbulent Times

Harvard Business

In each country, following recent elections and referendums, they are facing political, social, and economic uncertainties we would never have imagined just a year ago. The late 1940s were a tough time for the fledgling electronic equipment maker that would eventually become one of the America’s best-known technology companies. and Europe, the SARS scare in Asia, and war, with all its attendant uncertainties, first in Afghanistan, then in Iraq.