BLACK SWAN

Black Swans, Grey Swans and Gray Rhinos

Every manager in every company business function is part of a high-impact VUCA world: Volatility – Uncertainty – Complexity – Ambiguity. In this VUCA world, Nassim Nicholas Taleb published his famous book “The Black Swan” in 2007. Based on Taleb’s Black Swans, we have been using the phenomenon of Grey Swans with our unique Grey Swan Analysis. In the spring of 2016, Michele Wucker came out with her book “The Gray Rhino”, on the basis of which we added ‘Gray Rhino Analysis’ to our strategic intelligence practices.

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Defense and offense data, and crucial other dimensions

The IT-world would like us to believe that Big Data is a success, with the emergence of all kind of data-management functions, data scientists, chief data officers and others. You might ask yourself how effective all of this is in the absence of a coherent strategy for organizing, governing, analyzing and deploying an organization’s information needs. The quote by the renowned author of the famous book “The Black Swan” is also clear in this regard. In the 2017 May/June issue of Harvard Business Review, Thomas Davenport draws a distinction between data defense and offense, and other crucial dimensions.

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The Intellectual Yet Idiot

It is fascinating to read these quotes by Nassim Nicholas Taleb, author of the bestselling “The Black Swan” and “Antifragile”. Taleb is speaking about the IYI, the Intellectual Yet Idiot, a product of modernity which has been accelerating since the mid-20th century, to reach its local maximum today, along with the broad category of people without skin in the game who have been invading many walks of life.

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