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Ep. 210: Garry Honey - On Leadership and Navigating Uncertainty

The Decision-Making Studio Podcast

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Embrace Uncertainty and Risk Forecasts

Geopolitical risks, reputation, stakeholder perceptions are often viewed as amorphous factors that some organizations avoid considering due to the 'fudge factor' they provide to excuse missed targets. This leads to a reluctance to delve into uncertainties. Boards, driven by risk aversion, are hesitant to forecast the future as predictions are seen as either lucky or wrong and being wrong is not acceptable.

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