0:57- Introduction
1:24 Topic intro: Good VUCA
Each part of VUCA is a function of something else, therefore they can be addressed, maybe even prevented
2:40 VUCA 2.0
Vison Understanding Courage Adaptability “In the face of volatility, what do we need to be ready for?” -M Consistency
7:00 Brad takes a shot at VUCA 2.0 (V)
“Vision is the guiding north star” -B “If you don’t have a vision, you don’t have a direction. If you don’t have a direction, you probably have VUCA” -B
8:06 Law of leadership (U)
First understand, then be understood Understand first to get a baseline picture of what is going on “Take care of yourself, but not at the expense of other’s health or wellbeing” -B
10:57 (C)
A sign of courage is making a decision “People often fall into indecision because it’s safe” -B In the long run, indecisiveness does more harm than good Make a choice, stick to that path, learn from it “Courage shows the willingness to be wrong” -B “We’re not retreating, we’re advancing in another direction” -M Pause, reevaluate, make the best choice to move forward Most people think of a plan and only focus on the end goal, when there are plenty of steps along the way.
17:30 (A)
In the words of Eagle Scout Brad James: Improvise Adapt Overcome “The opposite of adaptability is rigidity” -M “There’s always room for improvement” -B
19:43 TTWWADI
That’s the way we’ve always done it If the answer to why something is being done in a particular way is TTWWADI, then we have a problem. TTWWADI is a red flag Dig deeper “60% of small businesses aren’t on the internet” -B Correction: 46% of U.S. small businesses still don’t have a website for their company 59% if you consider most major countries Positive note that there are plenty of business to help market The negative note is that these businesses are getting far less traffic What is stopping you from adapting and getting your business online? SALES is HARD “Change or die” -M In regards to businesses “We are living in a world that Darwin would be proud of” -B
28:10 COVID
Relationships are either going to get stronger or weaker at home during covid More time together Advertisers are spending more on dating apps since they are getting more traffic during the pandemic
29:15 Startups
Hope to get bought out because they never know if they’ll make it Technological advancement/acceleration
30:00 Moore’s Law
Advancement of technology and computing power “Now is a good time to sell your house as long as you don’t need to move into a different one” -M
33:10 Good VUCA
Mixture of a strategic plan Low-level skills A way to counteract the bad VUCA Have your playbook! How will you adjust and prepare If, then map
35:30 Ending remarks/closeout