Tag Archives: uncertainty

How To Survive And Thrive In An Uncertain Environment

Inspirational speaker, Nicky Abdinor, advises how to create sustainable attitude change and thriving in an uncertain environment. 

Nicky Abdinor’s self-appointed tagline is that she was “born without arms but not without attitude.” It’s a punchy line,  and it also couldn’t be more accurate.

Nicky was born with physical disabilities, no arms and shortened legs and she describes how her parents were totally unprepared for her disability. “In those days there were no scans to [determine] if you were a boy or a girl let alone if you had a physical disability. But I’m so grateful they chose to focus on my strengths.”

As she grew up, it was never a case of “can Nicky do this?” rather “how is Nicky going to be able to do this?”

Nicky believes her upbringing helped her to  adapt to her disability and flourish. “A big part of my success is having that nurturing environment and access to mainstream schooling.  I was encouraged to take part in all activities and I’ve learnt to do things just a little bit differently.” Nicky was unable to do things the same way as everyone else on a physical level but instead she used her acamdeic abilities and passion for human psychology to her advantage.

She now works as an  international keynote speaker, registered Clinical Psychologist and founder of the non-profit, Nicky’s Drive.

Creating sustainable attitude change

Nicky’s work as a  clinical psychologist focusses on cognitive behavioural therapy (CBT).

The premise of CBT is the belief that “it’s not our situation  determining how we feel or behave but how we think about those situations.”

It’s useful to recognise that so many of us could be experiencing the same or similar situations but we all have entirely unique responses to that situation. The key to actually creating sustainable change, Nicky explains,  in our attitudes, beliefs and emotions is  to understand the core thought processes that we implement on auto-pilot.  An everyday situation  such as a meeting with a manager could trigger  a  particular behaviour. “But we need to understand our thought pattern.  We’re wired to think in a certain way and people don’t realise that you can’t truly change the way you think about a situation until you understand those automatic thought processes.

With some work, it’s possible to recognise your cognitive roadmap and what gets triggered, which is often linked to previous experiences and relationships.

Nicky explains that it is quite liberating to realise we don’t have to change our situation, “we can change how we think about a situation to bring about wellness and a better quality of life. It’s empowering to know we can’t change our situation but we can certainly change the way we react to that situation.”

Thriving in an uncertain environement

Nicky speaks passionately on the concept of uncertainty and how it impacts on our every day lives.

“A lot of people come for therapy because they are anxious about the future. A big part of what I do is help people learn to tolerate uncertainty.  None of us have absolute control over what the future holds. Ultimately, people find it hard to tolerate because they place demands on themselves that they have to know whats going to happen.”

In a corporate setting the same applies. Leaders of today are concerned about reaching their targets, will there be another recession, what’s going to happen to the political landscape of my country and how will it impact by business? We want to know exactly what’s going to happen.

But, Nicky argues, we must learn to tolerate that uncertainty, which ultimately means teaching yourself to live in the present . “If we worry too much about tomorrow,  we cannot enjoy today,””

When it comes to hiring talent,  recruiters need to ascertain whether applicants understand this concept. “Can that person deal with uncertainty, does that person have the ability to recognise the limitations for going into the future. When we have the ability to understand uncertainty we can achieve so much more. Worrying is a waste of time and we need a bit of anxiety to motivate us to do the right thing, be ambitious and reach your goals.”

In Bravo, our five-part podcast series celebrating women in procurement, five inspiring and courageous women share their stories and the secrets to their success. Sign up to now (it’s free!)

Nicky Abdinor was a keynote speaker at Big Ideas Summit Sydney earlier this year and wowed our audience. You can watch her presentation in full here and get in touch with Nicky regarding speaking opportunities here (Procurious HQ couldn’t recommend her more!) 

How To Play The Hand You’re Dealt In The Age Of Uncertainty

Poker: It’s a game filled with excitement and risk. But just how far does it correlate with the uncertainty of our everyday lives?

Last month, Procurious attended eWorld Procurement and Supply where we were  lucky enough to experience a thought provoking talk from Caspar Berry on risk-taking and decision-making in the age of uncertainty.

Whatever our political leanings, we can all agree that unpredictable occurrences are happening everywhere in today’s world.  2016 saw Brexit and the election of president Trump; two events many  had thought impossible. There’s the refugee crisis in the Middle East, the continued prevalence of ISIS and upcoming elections in France and Germany; the results of which could determine the future of the EU.

Caspar Berry, professional poker player and poker advisor on Casino Royale, knows exactly what it means to take risks and admits that it can be dangerous, scary or disruptive. But, we need  risk, whether it’s in our personal or professional lives.

Have you ever considered what it is that makes sport so compelling? We’re gripped by the uncertainty. We have no idea what’s going to happen or who’s going to score and that adds a level of excitement and interest. But of course in professional sport, as is the case with poker, we’re not the ones who have to take the leap. We can leave all of that reckless risk-taking to the professionals… or can we?

Everyday Risk

Caspar pointed out that the average person would love to believe their everyday life has a level of  risk-free stability and  consistency. Whilst we might marvel at the bravery of prevalent risk takers in the casino or on the sports pitch, we’d much prefer to avoid a life of uncertainty.

In actual fact, there a number of parallels to  draw between poker and real life. The future is far more uncertain than we would choose to acknowledge.

In poker, the cards are randomly shuffled making it utterly impossible to predict what’s coming.  Our everyday lives are much the same. We can’t be sure when something will change the course of the future, whether it be a large scale political event, an encounter with a new person or a medical diagnosis.

The Butterfly Affect

The phenomenon whereby a minute localised change in a complex system can have large effects elsewhere. Originating from the notion in chaos theory that a butterfly fluttering in Rio de Janeiro could change the weather in Chicago.

Every single moment of every single day people are doing things somewhere in the world which could change your life.  If any one of your ancestors hadn’t been around, you wouldn’t be either.  If one tiny interaction hadn’t happened hundreds of years ago, history  might look very different indeed. These examples are just two of the billions of butterflies that are interacting with each-other; impacting events across the globe.

When so much is out of our control, it’s natural that we would try to limit uncertainty. We set laws and implement criminal justice systems so we have a vague knowledge of how people are going to behave. We buy branded clothing and eat in chain restaurants because it’s reassuring to know exactly what we’re going to get for our money. We’ll happily pay a premium for these things because it lowers the associated risks.

When we come across people or institutions that seem to know what’s going on, whether it’s a religious group, a futurist or a bank, we want to believe them. And so we do.

Philip Tetlock and The Good Judgment Project

Philip Tetlock, Canadian-American political science writer, began an extensive 20-year study in 1984 on future judgements.

He questioned 284 world experts on their future predictions and requested that each prediction be awarded a likelihood of occurrence. The study is widely considered one of the most robust in the history of social sciences with approximately 2800 answers obtained. And what did those answers show?

As Caspar put it, you  would have gotten the exact same results by asking an eight-year-old to randomly throw darts at predictions. In fact, the strongest correlation in the survey results was between successful predictions and the confidence of the person predicting, but a negative correlation!

Why  were the least confident participants correct? As Caspar explained, these are the people who are both humble and intelligent enough to embrace the concept of uncertainty.

How to manage risk and face uncertainty head on

In our organisations we know, for the most part, that taking risks won’t result in someone getting hurt. But it could mean something going very wrong for the business. So, how do you know when its worth taking a risk and how can we become more confident to do so?

  1. Be competent at assessing risk

We’ll never be able to predict exactly what’s coming our way. But  we can get better at deciding when to take a chance. In business, evaluate what the chance of success is, what’s the return on a gamble. If you’re faced with a 25 per cent chance of success and an amazing ROI, it’s worth taking that risk. Sometimes it will pay off.

2. Immunise yourself to loss

When it comes to risk-taking you will fail and you will lose out, perhaps more often that not. Caspar cited Abraham Lincoln as an icon who endured multiple short term failures, moments of rejection and losses. But he went on to great success.  We can all do better at immunising ourselves to loss,  let downs and failure.

3. Embrace risk taking

Casper asserted that if someone is cocky at poker, they’re possibly a bit insane. It takes a level of caution and the acceptance that there is always risk involved. But risky people have something to teach us, we can learn from them and embrace the uncertainty ahead.