Often, the scenario you predicted doesn't pan out, or it changes midcourse. Then what? Learn about when to persist, when to change course, and how to know the difference.
- It's the nature of today's changing business environment…that sometimes, often in fact,…things don't work out the way you predicted.…With practice, we can get better at making those predictions…but we can't get perfect.…So, what do you do when the situation unexpectedly changes?…The first question to clarify…is how accurate your initial assumptions were.…In some cases, they may have been clearly wrong…so you'll need to change course asap.…Demand in a certain region may be way down…because of a natural disaster for instance.…
But in other cases, it's more subtle.…Your predictions may not be right yet.…For instance, you may have predicted…15% annual growth for a new service,…but it's been slower to gain traction.…In those situations, it's not as clearcut…so you wanna monitor carefully…to see if the trend line is up…and whether it's just taking a bit longer than you thought…or if you were in fact just wrong.…That's why it's especially important in advance…as you're setting goals to identify drop dead criteria,…
- Recognize the pitfalls that negatively impact a person’s mental agility.
- Summarize the process of scenario pre-planning, or “pre-mortem.”
- Recall the importance of a decision journal.
- Explain the advantages obtained by becoming mentally agile.
- Identify the strategy mentally agile people use to avoid data paralysis.