Sketchy Ideas

Sketchy Ideas Episode 10: VUCA Deep Dive

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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

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