Is there a guaranteed outcome? Certainly no, embracing this no allows you to embrace the risk in any given situation. Understanding that there is a risk does not mean that you are accepting the risk. This is what it means to think in probabilities. Since the outcomes are not always guaranteed, it means that there […]
The title refers to the inability to act on time. What is the problem? Most of us are under skilled in making timely, informed, and decisive decisions. I personally observed the risk many times in advance, but I did not act. The naked hope that nothing will happen always restricts our ability to step forward […]
There is nothing safe. Let’s start with this fact which is applicable in all investments, projects, careers or life in general.
When companies face a risky situation, the normal business practice is that senior managers end up with a graph that nobody understands. The resulting data is compiled from a mixture of complicated analyses that do not diagnose the problem or provide a way to a solution. Such analyses usually further complicate the situation. Who is […]
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