Expecting a 'Black Swan' event before it happens
I have just finished Christopher Voss book “Never Split the Difference’, and some takeaways came to me around one chapter in particular: ‘Chapter 10 - Find the Black Swan’
Within this chapter, he has a sub-heading called ‘Uncovering Unknown Unknowns’, and he mentioned that we need to:
There’s a lot to unpack here beyond one article.
Why Black Swan events are so hard to uncover
‘Black Swan’ events (named after Nassim Taleb’s book “The Black Swan: The Impact of the Highly Improbable”), e.g. COVID-19, are not just rare but profoundly reshape entire industries overnight.
Covid caught many off guard (and yes, many are trying to force the old back into the new with limited success).
Black Swan events are those people don’t think could happen, because they've never seen them before. And like a European seeing a real black swan for the first time, these events can challenge what we thought we knew, and our tendency to believe we can predict everything with certainty.
And our craving for certainty doesn’t halt the ability for Black Swan events to happen, so our fight is ongoing.
Taleb points out that this over-confidence in our ability to forecast can blind us to the true nature of events.
How to expect a Black Swan event
Instead, it's about being open to the unknown and ready to adapt when the unexpected happens.
Now, imagine having the skills to expect Black Swan events ahead of time and factoring them in so you can navigate uncertainties easier.
The solution lies in embracing the art of deep active listening for, as they use in improv, the ‘shiny thing’ (essences or hidden gem).
‘Shiny things’ are keywords that give an opening to be curious, excited, or have insight about aspects of, or what lies underneath the story or a communication. It isn’t what is obvious that leads the story down a much more interesting path.
My hypothesis is that being able to easily identify Black Swan events before they emerge is similar to pulling shiny things out of communications.
This skill gives:
1. a more adaptable mindset, embrace change and pivot in response to unexpected events.
2. resilience and the ability to bounce back from setbacks and challenges.
3. tactical creativity: the use of yes-and to not be distracted by defending the ego and its identification of the self in front of others.
4. openness to hidden opportunities amidst chaos, innovative thinking and problem-solving skills.
As much as these are generalised statements, without them, there is no moving ahead to the level it takes to expect a black swan in advance. Training in this would then need priority.
So when people who put these skills into practice (and make mistakes along the way, sure), they lead by example.
So here's a question for you: How can we prepare ourselves to anticipate the unexpected and thrive amidst chaos?
#BlackSwan #Ideation #LearningAndDevelopment #OrganizationalDevelopment #ChangeManagement
Financial Coach at Insignia Financial
7 个月Eric, such a good read! Thank you.
Global Marketing Maverick. Speaker. Strategic thinker ???? Super-connector. Events lover. I help people to fall in love with YOUR brand ????
7 个月Great book. Thanks for sharing your insights Eric Vigo
Value-Based Selling Coach | Developing Top 10% Performers | Strategies for Must-Win Complex Sales
7 个月Great article, Eric. However, when you say, 'Imagine having the skills to see Black Swan events ahead of time, ' I suspect you mean 'expect' rather than 'see', as that?is the point of those events; you don't 'see' them coming.