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
- Focus your evaluation of initiatives on the inputs (the quality of the process that went into its planning and execution) not just the outputs
- Remain agile, and strive to respond quickly.
- You have to prepare for failure, success, and everything in between. But as long as others find you trustable, you’ll never be on your own
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