Why Experience can be a Risk…
I would like to remind all of us that we ought not to singularly rely on our experiences or the experiences of those around us/we depend on. Those dependencies include vendors, suppliers, consultants, and, yes, colleagues/workmates. Experience, singularly relied upon, can be a risk.
According to Nobel prize-winning psychologist Daniel Kahneman:
“In a rapidly changing world, the lessons of experience can easily point us in the wrong direction. And because the pace of change is accelerating, our environments are becoming more unpredictable. This makes experience (and intuition) less reliable as a source of insight about new ideas and places a growing premium on analysis”…
Please note that this quote comes from his book Thinking Fast and Slow, which was published in 2011. The “environment” referenced in the quote is now much more chaotic, unpredictable, and changing much more rapidly.
What is the moral of this story: (IMHO)
- Lead in with skill sets
- Apply “New Thinking” to decision-making (less linear, more system thinking)
- Think Resilience management
- Effective risk management reduces crisis management.
Stay proactive, anticipatory, and resilient folks.
