The complexity of business and politics lies in the challenges of articulating and defending strategies, as well as the focus on quickly solving puzzles rather than addressing underlying issues. In business, firms are often incentivized to meet sales targets and cut costs, leading to a lack of innovation and development. The most successful companies over time have been those able to innovate and maintain profitability, while avoiding becoming commoditized in the marketplace, which can lead to a dead end.
Gerald Ashley is the Co-founder and Managing Director of St Mawgan & Co, a London-based strategy and risk consulting agency.
In today’s episode, Gerald explores the difference between risk and uncertainty, the challenges of managing them in the financial world, and how it can be powerful to split issues into either puzzles, problems, or messes.
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This show is produced in collaboration with Wavelength Creative. Visit wavelengthcreative.com for more information.