Businesses can turn systemic threats into outsized opportunities by following a five-step process. The first step is the Reality Test, which involves deeply understanding the current state of the business. The second step is to Organize Your Forces, which involves modeling the forces that keep the current system stable. The third step is to Generate Your Futures, which involves using simulations to identify potential opportunities and threats. The fourth step is to Uncouple Opportunities from Threats, which involves identifying where and how to intervene. The final step is to Experiment, which involves building a portfolio of experiments to maximize the odds of success.
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How do you prepare your business for black swan events like pandemics or financial crises? Rogue Waves by Jonathan Brill explores how to prepare for a...
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The first step is the Reality Test, used to deeply understand your present state. The Organize Your Forces step helps you model the forces that keep your current system stable. Step three is to Generate Your Futures through simulations to identify potential opportunities and threats. Step four is Uncouple Opportunities from Threats to identify where and how to intervene. The fifth step is Experiment, where you build an experiments portfolio to maximize your odds of success
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