Beyond the Covid19 crisis: Going from Efficiency to Resiliency and Creativity
I’ve been thinking a lot lately about what’s happening with ...
I’ve been thinking a lot lately about what’s happening with ...
Covid-19 has changed and continues to change everything. And the speed of change and innovation is only accelerating. For businesses to successfully navigate these massive waves of disruption is going to require a whole new way of thinking about the world, the future, and the economy writ large.
The term used to describe this approach to decision-making is satisficing. And satisficing with an eye toward a radically uncertain future might be called robust satisficing. Satisficing is a form of insurance – insurance against financial meltdowns, global pandemics, nasty bosses, boring teachers and crappy roommates. Insurance can seem stodgy – like the guy who wears a belt and suspenders. Perhaps we don’t need both, but what happens if we have neither?
We should never put efficiency over humanity - it's the path to dehumanisation
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