I need 250 words Intiial Post and two replies. I have attached one reply. One reply i will send later.Due in 15 hours.Primary Post (75% grade)Topic: Discuss a point you found interesting from this wee

Li Liu 

Discussion 4

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Through reading, I am very interested in how managers face uncertainty. As Patti said, business leaders must recognize and overcome this instinct (Patti, 2015). Adapt to the unknown and strive to make important decisions.

In fact, we need to learn how to recognize uncertainty first. If you want to identify uncertainty, managers must be sensitive to change. For managers, the most important thing is to beat the unknown. Be sensitive to the changed and new things, be interested in and love change, don't be conservative and confident, let alone think that you know everything.

Then I think we need to live with uncertainty. People cannot completely eliminate the uncertainty of things, so they can only learn to get along with it better when it happens. This includes a gradual approach: by creating a series of short-term plans to avoid the risks of making large plans to reduce uncertainty (Patti, 2015).

Managing uncertainty requires managers to learn to recognize uncertainty, especially structural uncertainty. The new characteristics of the organizational environment have caused structural uncertainty in multiple dimensions. Managers need to learn to live with uncertainty and turn uncertainty into growth opportunities instead of obstacles to growth.

To achieve the above two points, the fundamental requirement is that managers need to be determined, to embrace uncertainty openly and actively, and to use the unknown to understand the future. Like Netflix, it enhances its own analysis functions to better predict what customers want, and reduces uncertainty through more precise analysis. For companies, they must believe in gathering wisdom and surpass themselves to achieve their goals.

Reference

Johnson, P. (2015, March 11). Avoiding Decision Paralysis in the Face of Uncertainty. Retrieved July 30, 2020, from https://hbr.org/2015/03/avoiding-decision-paralysis-in-the-face-of-uncertainty

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