Businesses can ensure they are not overestimating their control over achieving goals by accurately evaluating the predictability and malleability of their environment. They should avoid the tendency to overestimate these factors. Additionally, they should focus on building adaptive capabilities to address unpredictable environments. It's also important to value the accuracy of decisions over speed, especially in a fast-paced environment.
Follow up to the first part of our Business Strategies and Frameworks compilation, part 2 offers you...
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