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Inside the Strategy Room
208. Preparing your organization for uncertainty
Jun 13, 2024
Explore practical strategies for managing uncertainty in organizations with guests Rear Admiral Wyman Howard III and Mihir Mysore. Topics include scenario planning, risk management, leadership skills, and agility in decision-making. Learn about leveraging technology, cultivating resilience, and collaborating effectively in times of uncertainty.
42:01
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Quick takeaways
- Organizations should balance defense with offense strategies, showcasing decisiveness and agility in the face of uncertainty.
- Regular scenario planning, stress testing, and leveraging technology like AI equip leaders to navigate uncertainties effectively.
Deep dives
Navigating Uncertainty Amid Increasing Novelty of Uncertainties
Navigating uncertainty is increasingly vital due to novel uncertainties that lack historical patterns, demanding rapid responses. The acceleration of uncertainties requires organizations to swiftly recognize and adapt to different risks. Understanding and managing uncertainties in a holistic manner, addressing various simultaneous uncertainties, are essential for organizational resilience. Companies that effectively balance defense with offense strategies, showcasing decisiveness, conviction, and the ability to pivot quickly, outperform during crises.
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