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Change in uncertain times
During times of uncertainty, we usually prefer to keep the status quo. We focus on our most urgent decisions: how to be safe and healthy, how to keep our bosses happy, or, if we’ve lost a job, how to find a new one as quickly as possible. This makes it difficult to find the time, motivation, and mental energy to think about longer-term questions.
But there is no such thing as total predictability and despite the challenges that extended periods of uncertainty present, those periods also offer unparalleled opportunities for strategic planning.
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Explore the unthinkable
If you want a new job during uncertain times, consider planning not just for the most likely scenarios but also for one in which you’re unemployed for twice as long as you expect, or in which your partner also is unemployed.
These scenarios are difficult to think about, but deciding ho...
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613 reads
Imagining the best possible future
Challenge the assumptions you are making about yourself and think about different ways you could leverage your skills and fulfill your passions.
- Think about your most vivid difficult moments and about the skills or creative adaptations you drew on to meet them.
- Think about...
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Think about what you need to leave behind
When thinking about an uncertain future, don't just think about acquiring new skills or making new connections. Planning for uncertainty is also about making strategic choices concerning what to leave behind.
It is difficult to give up things in which you’ve invested a lot of time, eff...
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524 reads
Focus on what you can change in the short term
- This will help you move past the paralysis of uncertainty. If your tasks feel intimidating, break them down into small manageable steps.
- If you’re not sure what to prioritize, start with something that will bring you benefits no matter what, like brushing up your CV or updating you...
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Common Explanations for Status Quo Bias
These explanations are all irrational for preferring the status quo:
- Loss Aversion: When we make decisions, we weigh the potential for loss more heavily than the potential for gain.
- Sunk Costs: We continue to invest resources like time, mone...
Generation Gap and Different Values
- As our parents are from an older generation, the things and events that shaped their world and their values are quite different from what we have seen in our formative years. Every child, no matter how bright or unique he or she may be is moulded according to the adults in charge, bringing ...
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