Updated: October 2024 It’s a common thing to say when arranging meetings at work, e.g.: “When works for you? I’m flexible.” But it equally applies to organising things with your friends and family. You probably say “I’m flexible” out of consideration for the other person,…
When stepping into a new management role, the impulse to make early, significant changes is natural. The idea of making a big improvement to the team or the business feels energising. For most managers, this comes from wanting to have a positive impact. The desire…
Updated: 1 October 2024 In 2004, English gambler Ashley Revell sold everything he owned and bet $135,300 on a single spin of a roulette wheel in Las Vegas. Despite the odds being slightly against him, the ball landed on red, and Revell doubled his money.…
Decisions that go right aren’t always good ones. (And decisions that go wrong aren’t always bad ones) For example, imagine rolling a dice and choosing between two outcomes: We choose (b). The person rolls five. We win. But it was a bad decision. Because, if…
I make this error all the time (most of us do). You’ll probably recognise this scenario: you’re faced with a choice in (even slightly) unfamiliar territory. And getting it wrong feels like it will have some cost or pain (perhaps only minor). What do we…
Complex adaptive systems can be particularly challenging when making important decisions. To help navigate these challenges, we have developed some guidance and a simple canvas that will help in understanding the complexity of the systems you work with, and to make better decisions within them.