Scenario Planning Amid Radical Uncertainty
Radical uncertainty is paralyzing leaders and companies across the U.S. Unlike manageable risk, radical uncertainty has no boundaries or historical data to suggest the way forward. Two dangerous patterns can emerge as a result: overindexing on short-term signals and anchoring on false certainty to escape anxiety. The solution is for leaders to prepare for radical uncertainty through expansive scenario planning, where uncertainties are mapped out further than seems plausible.