Tag: Uncertainty Management
-
This-or-Better
This-or-Better is a goal-setting principle that emphasizes achieving a desired outcome while being open to the possibility of attaining a superior result. The phrase frames a mindset where the desired outcome is seen as a baseline, and the individual is encouraged to remain adaptable for improvements beyond initial expectations.
-
Risk Management
Risk management is a systematic process for identifying and addressing potential risks and opportunities in various contexts, including organizations and projects. It combines quantitative and qualitative analysis to minimize negative impacts and maximize positive outcomes, adapting to evolving global trends and technological developments.
-
Lindy Effect
Originating from patterns noted at Lindy’s restaurant in New York, the Lindy Effect theorizes that the future lifespan of enduring entities, such as ideas, correlates with their current age. This concept offers a perspective on understanding persistence across various domains, from literature to technology.