5 Things You Should Do Today to Manage Uncertainty in Business - Deepstash

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5 Things You Should Do Today to Manage Uncertainty in Business

beyondphilosophy.com

Manage uncertainty and its related risk

  • Control the “controllable.” Certainty is vital in business, but also elusive.
  • How people cope starts with their attitude. Where there is change, there is opportunity. 
  • Learn by doing. Test a few things in a less risky environment first. 
  • The

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Unhealthy Ways to Deal with Uncertainty

  • Throw up your hands and give up. Then risking it all on the next big move for the company. Learn to fail faster - take lots of smaller risks instead of one big one and get feedback quickly.
  • Not wanting to make a decision at all because of fear of failure. Learning from ...

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... is critical in uncertaintyWe too often judge people by the outcomes of the decisions instead of on the process that was used to reach them.

However, isn’t it better if people had an unfortunate result and a great process than someone who had a...

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