In Part 1, System D was explained as a way to deal with unforeseeable events and situations – black swans – that focuses on agility, adaptability, and creativity. In our chaotic times, we need these abilities more than ever. But just how might we actually develop them in practice when they are so different for everyone? An example via a case study was offered for this purpose. Here, it concludes.
You probably know all about System D. No? Well, neither did I until today. Maybe you know what’s coming, unlike myself. No? Well, nobody truly does. And this is just what System D is designed to handle. Dealing effectively with the unforeseeable and unknowable, like black swan events and situations. Vital to know about and use.
Major impact events coming? Certain. Nature, magnitude, and timing? Mostly unforeseeable. These just happen, whether by fate, predestination, or a random dice-thrower. All you know for sure is that some big things are coming along. The best you can do in this case is to identify your points of greatest vulnerability and to figure out how to minimize the impact effects.
At long last things are getting back to normal. Masks mostly gone. Distancing mostly gone. Occupancy limits mostly gone. Huge numbers vaccinated. We are back on the road to serious economic recovery, yes? Well, such hope is nice but reality is rarely nice. What if reality is still in charge? How vulnerable is your business to the next black swan or even lesser hits? How much might not knowing cost you?
Constant change is our new normal. Not stability but change itself. This means that success in such a world requires constant change – adaptation – in our businesses. No more business-as-usual. Success going forward involves agility, adaptability, and resilience. In this post, adaptability assessment and improvement are addressed.
