In a world shaped by geopolitical shocks, rapid technological change, and unpredictable markets, many decisions can’t be reduced to probablities. In his latest book, Uncertainty and Enterprise – Venturing Beyond the Known, professor Amar Bhidé argues that the most consequential choices are often one-offs-uniquesituations where statistics and standard models help less than we would like. Instead, entrepreneurs and other leaders must rely on contextual judgment and narrative reasoning to act boldly yet responsibly.
During this webinar professor Bhidé will share how imagination and narrative reasoning help decision-makers explore plausible futures, build stakeholder confidence, and move from doubt to well-justified action-lessons highly relevant to policymakers and practitioners working on complex, real-world challenges.
Among the topics he will address are:
– Risk vs. true uncertainty: why many high-stakes situations cannot be “calculated,” and what to do instead.
– Imagination as a professional skill: how leaders use narratives to explore what could happen, not just what’s most likely.
– How enterprises actually cope: why startups and large organizations coexist, and how routines and “bureaucracy” can sometimes enable complex, high-stakes initiatives rather than stifle them.
– Persuasion under uncertainty: how entrepreneurs and change leaders overcome doubt among investors, partners, customers, and stakeholders.