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How to Manage Uncertainty | Personal Excellence

Manage uncertainty

Manage uncertainty
  • Focus on the things you can control (and ignore those that you can’t)
  • Shift from External to Internal Locus of Control. It means you perceive yourself to have more control than the environment over your life.
  • Live your life as you would normally, independent of the uncertainty. 
  • Bring certainty to the important things (and let the other things go). 

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How to Manage Uncertainty | Personal Excellence

How to Manage Uncertainty | Personal Excellence

https://personalexcellence.co/blog/uncertainty/

personalexcellence.co

1

Key Idea

Manage uncertainty

  • Focus on the things you can control (and ignore those that you can’t)
  • Shift from External to Internal Locus of Control. It means you perceive yourself to have more control than the environment over your life.
  • Live your life as you would normally, independent of the uncertainty. 
  • Bring certainty to the important things (and let the other things go). 

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Fuel growth while managing uncertainty
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  • Prepare for multiple outcomes that are within your control.
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Manage uncertainty and its related risk
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.&nbs...
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 failure is a valuable part of your education. If you make a couple of mistakes but outweigh those blunders with successes, you are okay.
Changing How We Evaluate Success with Decisions

... 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 successful outcome but flipped a coin to get there?

Perfectionism

It can either propel you into serious action or paralyze your ability to accomplish even the most basic tasks.

Often, those who struggle with perfectionism have issues giving up control. In ...

Accept the outcome

If you’re struggling with the thought of submitting a task that you feel is less than perfect, create a list of the worst-case scenarios.

Ask yourself what's the worst that can happen. You'll most likely find out that the only negative aspect is the continuous rumination that'll keep you from finishing other important work.

Shifting your perspective

The positive side of perfectionism is the idea that you possess the motivation and a level of detailed attention that is unmatched by many.

The trouble happens, though, when you get so caught up in the details that you fail to see the bigger picture.

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Background music is powerful
Background music is powerful

Even if you are hardly aware of it, music can be surprisingly powerful.

Researchers have found that it can affect:

  • how much time we think has passed while waiting
  • how co-op...
The background music industry

It is also known as music design, music consultancy, or as part of a broader package of experiential design or sensory marketing.

The work involves creating distinct,  compatible musical identities for brands.

Muzak and background music

Muzak, a brand of background music, set the template for background music. It played in retail stores and other commercial premises and sold itself on the basis that it could increase productivity in workplaces. 

Muzak's template for background music persisted for decades. The music was a balm to ease awkward silences and to encourage and brighten the mood.

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Start With Small Bets

Risk should preferably be viewed as an experiment. This helps with testing innovation and reducing risk if things don't turn out as intended.

Imagine the Worst-Case Scenario

When you take the time to consider the downside possibilities, it will be less frightening if they happen. This will give you the confidence to stay the course.

Develop A Portfolio Of Options

If you have only considered one possibility, you should probably worry about it.

Find many possibilities for success, then you can be positive that at least some of them might work out.

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Strategies for dealing with uncertainty in business
  • Use analytic techniques that don’t require high accuracy.
  • Prepare for multiple outcomes
  • Find and rely on the predictable elements of the situation
  • ...
Unfree in a Free World

We all are unfree in a free world. We do things we are obliged to do. We spend money on things we are told by society to spend on.

We are responsible for our lives, while we...

Awareness in Action

If we have to do something even if we don't want to do it, it is not freedom, whatever the reason for doing it may be.

Doing something should be your conscious decision and choice.

What Imprisons You

You need to make certain sacrifices and get out of your comfort zone to experience real freedom.

We can be imprisoned by certainty, by the lies we tell ourselves, even stuck with incompatible people. We can be caged with the fear of losing money, or expectations, or even debt. We can be caged by our need to help people or to please people, or hope that they like our ideas. We can be imprisoned by our idea of happiness the endless entertainment options we have. as well.

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Cal Newport
Cal Newport

"The ability to perform deep work is becoming increasingly rare at exactly the same time it is becoming increasingly valuable in our economy. As a consequence, the few who cultivate this skill, and then make it the core of their working life, will thrive. "

Cal Newport on time management
  • Don’t schedule distractions. Schedule deep work.
  • Keep a scoreboard for deep work: The point is to shame yourself if you’re not up to snuff.
  • Stop saying “yes” to unimportant stuff;
  • Have a “Deep Work Ritual”: Hiding in a conference room and throwing your phone into an abyss is a good one.
  • Ask your boss how much time they want you spending on deep vs shallow work: If they say “100% shallow”, feel free to ignore everything above.
  • A panic attack

    The current pandemic is affecting the entire globe. As a result, many people may be experiencing panic attacks for the first time.

    A panic attack happens suddenly, with short-lived disabl...

    The body's response

    A perceived threat may activate the body's physiological "fight or flight" response, similar to what your body would do if you're near a tiger. Your heart starts racing and pumping blood, so your muscles have the fuel to run or fight. 

    Panic attacks are relatively common. One in four Americans will have at least one panic attack in their lives. But the pandemic seems to be causing many people to suffer panic attacks within a short time.

    Panic attack symptoms

    The tightening of the chest and breathing difficulties are often confused for symptoms of the new virus.

    Panic attacks come on suddenly and typically last only 15 to 20 minutes, while symptoms of the virus emerge over a few days. With the virus, you will also have other symptoms, like a fever and a cough.

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    The Difference Between Managers And Leaders

    Leadership involves creating a compelling vision of the future, communicating that vision, and helping people understand and commit to it.

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    The Importance Of Delegation

    There's only so much that you can achieve working on your own, that's why it's important to delegate effectively. To successfully delegate:

    • Explain what your team's role and goals are. Or even formalize it in a team charter, which can also be useful for keeping the team on track.
    • Think about the skills, experience and competencies within your team, and start matching people to tasks. 
    Motivating Your Team

    Whatever approach you prefer to adopt, you also need to bear in mind that different people have different needs when it comes to motivation. 

    One size does not fit all. Some individuals are highly self-motivated, while others will under-perform without managerial input, and you need to be able to handle both. 

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