Description

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

Full Show Notes Here