Dealing with Uncertainty

Remember being a kid and wishing you had an all-knowing crystal ball? Or wearing out your collection of magic 8 balls only to keep getting the same fate? “Try again later!”

Unfortunately, we can’t see into the future. And that’s the thing about dealing with uncertainty. If we knew what was about to happen, would we change our decisions?

As businesses, we take risks all the time. Risks are about probabilities that can be reasonably assigned.

But uncertainty is trickier – it’s about futures for which a probability can’t be determined. It’s fear of the unknown. And that very fear can prevent us from making bold choices, initiating change, and innovating in our businesses.

Innovation is what drives business forward and allows for growth. But without overcoming uncertainty, innovation can’t happen. If you’re a leader, manager, or business owner, then this course is for you. It will provide guidance and practical tips to help improve how you tackle uncertainty in the face of everyday business decisions.

• 1 What is the difference between uncertainty and risk
• 2 What are some tools for dealing with uncertainty in the workplace
• 3 What is needed from an innovation strategy when facing uncertainty

Remember being a kid and wishing you had an all-knowing crystal ball? Or wearing out your collection of magic 8 balls only to keep getting the same fate? “Try again later!”

Unfortunately, we can’t see into the future. And that’s the thing about dealing with uncertainty. If we knew what was about to happen, would we change our decisions?

As businesses, we take risks all the time. Risks are about probabilities that can be reasonably assigned.

But uncertainty is trickier – it’s about futures for which a probability can’t be determined. It’s fear of the unknown. And that very fear can prevent us from making bold choices, initiating change, and innovating in our businesses.