Identifying & Understanding Uncertainty

Identifying & Understanding Uncertainty

Update: 2021-09-10
Share

Description

Show Notes:

  • [0:00:49 ] Intro | Timely Topics
    • We’re all surrounded by uncertainty in these trying times. 
    • Dealing with uncertainty in your business & your life
    • How we respond to universal uncertainty is unique to each of us. 
  • [0:05:25 ] Identifying Uncertainty in Your Business 
    • We wrongfully attribute uncertainty to risk. 
    • We often lack the information to reasonably define uncertainty as risk.
    • Using Slack as an example.
    • Certain people are excited by uncertanty.
    • It’s very important to be able to react to the unknown things that pop up. 
    • You can address some uncertainty simply by not being too certain of your plans. 
    • Keep an eye and ear attuned to your marketplace. 

  • [0:13:50 ] Everyone Handles Uncertainty Differently, and That’s Okay
    • Uncertainty may entice, excite, and compel some to action. 
    • Some of the best things can come from uncertainty and learning to act in the face of it. 
  • [0:15:35 ] Leadership is Not the Absence of Uncertainty
    • There are 3 Responses to Uncertainty:
      • Denial
      • Overconfidence
      • Or Analysis Paralysis
    • Huge Companies Have Crumbled Being Unready for Unknown-Unknowns
  • [0:17:30 ] If you don’t have any uncertainty...you may have larger problems.
    • The further you move from this moment, the greater the uncertainty.
    • The pandemic proved we were all a little too certain.
    • Knowing your values forms an archor point to combat uncertainty.
    • Your response to uncertanty will uncover things about you and your company culture.
  • [0:26:35 ] Parting Words
    • Remember, if you've identified it, then it's a risk, not an uncertanty.
    • When planning and identifying uncertanty, opportunity often presents itself.
      • If we're somewhat aware and prepared, we're then able to pivet more readily, and shift into the next thing we're supposed to become.
        • It's not easy to accomplish, but it's worth the investment.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Identifying & Understanding Uncertainty

Identifying & Understanding Uncertainty

Ciircles