Decision Making In Uncertain Times: How can we become more aware of the consequences of our actions on tomorrow?
No matter how we articulate a problem, challenge, or opportunity, one undeniable truth persists – uncertainty permeates every facet. Uncertainty is omnipresent, indifferent to the framing we employ, whether the issue is simple, technical, complex, or wicked. From the most straightforward operational decisions to intricate strategic manoeuvres, every plan and its execution is a relentless pursuit of problem-solving amidst uncertainty.
The book proposes new and real-world applicable models to meet emerging business strategy and management challenges, such as questioning if KPIs are the nemesis of innovation. It challenges previously unchallenged and long-standing assumptions about how business works in a short, succinct and impactful way, by bringing these concepts to life. In the process, it reconsiders known issues around data ownership and governance, risk management, and performance measurement.
The author considers the opportunities and challenges we face from the climate crisis, AI, and an increasingly digital-driven world bring, by introducing new frameworks for driving innovation in our current age, and asks us to reconsider which stakeholders are important to a business, leading him to argue for a reimagining of how we manage business, suggesting ideas we must consider, and how we develop those ideas in the face of a rapidly changing world.
In this book, the author introduces his concepts of “Quantum Risk” and “Peak Paradox”. Quantum Risk applies characteristics from quantum science to the concept of risk, to alert an unknowing audience to risk in its modern-day, shapeshifting, entangled forms. The narrative of business dependencies and human tendencies is essential to understand this concept, and it is further described in this book. Similarly, Peak Paradox provides a new lens for approaching decision making, asking us to dissect and utilise the extremes of individual, organisational and societal purpose, and perception, to make business decision making truly successful.