Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. Addresses the challenges of managing uncertainty in business Presents a step-by-step guide to managing business uncertainty Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Quinetiq, Philips, China Telecom, Ford, Apple, Shell, Glaxo SmithKline and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.

A new book to help senior executives and boards get smart about risk management The ability of businesses to survive and thrive often requires unconventional thinking and calculated risk taking. The key is to make the right decisions—even under the most risky, uncertain, and turbulent conditions. In the new book, Surviving and Thriving in Uncertainty: Creating the Risk Intelligent Enterprise, authors Rick Funston and Steve Wagner suggest that effective risk taking is needed in order to innovate, stay competitive, and drive value creation. Based on their combined decades of experience as practitioners, consultants, and advisors to numerous business professionals throughout the world, Funston and Wagner discuss the adoption of 10 essential and practical skills, which will improve agility, resilience, and realize benefits: Challenging basic business assumptions can help identify "Black Swans" and provide first-mover advantage Defining the corporate risk appetite and risk tolerances can help reduce the risk of ruin. Anticipating potential causes of failure can improve chances of survival and success through improved preparedness. Factoring in velocity and momentum can improve speed of response and recovery. Verifying sources and the reliability of information can improve insights for decision making and thus decision quality. Taking a longer-term perspective can aid in identifying the potential unintended consequences of short-term decisions.

High IQs don't improve the world. Adaptive intelligence does, because it prioritizes the common good over individual success.

This book introduces and studies a number of stochastic models of subsistence, communication, social evolution and political transition that will allow the reader to grasp the role of uncertainty as a fundamental property of our irreversible world. At the same time, it aims to bring about a more interdisciplinary and quantitative approach across very diverse fields of research in the humanities and social sciences. Through the examples treated in this work – including anthropology, demography, migration, geopolitics, management, and bioecology, among other things – evidence is gathered to show that volatile environments may change the rules of the evolutionary selection and dynamics of any social system, creating a situation of adaptive uncertainty, in particular, whenever the rate of change of the environment exceeds the rate of adaptation. Last but not least, it is hoped that this book will contribute to the understanding that inherent randomness can also be a great opportunity – for social systems and individuals alike – to help face the challenge of “survival under uncertainty”.

Theorizing that business people can focus on the "big picture" by studying natural laws, this text evaluates what business leaders can and cannot do in response to the changes of "business seasons". Scientific methods are used in conjunction with the observation of natural laws to solve problems.

Answers to science's most enduring questions from "Can I break the light-speed barrier like on Star Trek?" and "Is there life on other planets?" to "What is empty space made of?" This is an indispensable guide to physics that offers readers an overview of the most popular physics topics written in an accessible, irreverent, and engaging manner while still maintaining a tone of wry skepticism. Even the novice will be able to follow along, as the topics are addressed using plain English and (almost) no equations. Veterans of popular physics will also find their nagging questions addressed, like whether the universe can expand faster than light, and for that matter, what the universe is expanding into anyway. Gives a one-stop tour of all the big questions that capture the public imagination including string theory, quantum mechanics, parallel universes, and the beginning of time Explains serious science in an entertaining, conversational, and easy-to-understand way Includes dozens of delightfully groan-worthy cartoons that explain everything from special relativity to Dark Matter Filled with fascinating information and insights, this book will both deepen and transform your understanding of the universe.

"A change management professional gives quick tips and tools for the time-strapped manager suddenly facing uncertainty at work."--