Businesses can identify potential threats and opportunities by following a five-step process. The first step is the Reality Test, which is used to deeply understand the present state. The second step is to Organize Your Forces, which helps model the forces that keep the current system stable. The third step is to Generate Your Futures through simulations to identify potential opportunities and threats. The fourth step is to Uncouple Opportunities from Threats to identify where and how to intervene. The final step is to Experiment, where businesses build an experiments portfolio to maximize the odds of success.
How do you prepare your business for black swan events like pandemics or financial crises? Rogue Wav...
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