Strategy and risk go hand in hand, and always when we look back with better data, a new perspective and the benefit of time, we can easily say what would have been a smarter, stronger, or safer choice depending on what success criteria we’re aiming for.
Reading this article on ‘Very Bad Decisions’ and what leads to these, which was posted by Rob Campbell on LinkedIn gives rise to more than a few ‘uncomfortable truths’ as my friend Karl Budge would say. It’s been a chaotic year and many of us are now feeling the lightning bolts of tension sitting beneath the surface, or the exhaustion of ‘soldiering on’, and the challenges that come with looking back and banking the lessons, as we lean into the foresight and planning for 2021.
This article is a great read and highlights some spots for us to sense check ourselves. I do think it’s powerful as I reflect on my own journey and work in 2020, to look at the wellbeing measures more and how they affect how we work. Our risk appetite, openness to feedback, change orientation, leadership skills and ambition to name a few, are all altered if our personal batteries are depleted. So I recommend reading this when you have the space and interest to set the course for your ventures in 2021, and in the meantime, take care of you, step back if you need, sleep, eat well, surround yourself with smart people that want you to win and ask for guidance, help or even a hug when you need it!
Read the full article here.
* Blog title is credited to the author of the article referenced - Morgan Housel, which I read after it was shared on LinkedIn by Rob Campbell.
** I had to look up the meaning of prevaricatory – it means untruthful.
