It is a virtual mantra in the universe of political analysis that “business doesn’t like uncertainty”, and it is true that declining consumer spending, increasing fuel costs, squeeze profits and that in some cases, businesses worry about changes to the regulations they must follow. But uncertainty is the nature of an evolving global economy, and … Continue reading 21st Century Business Needs to Learn to Deal with Uncertainty
We’ve all had conversations where someone has fallen into the temptation to argue that simplicity is the most necessary quality for anything that can stand the test of time. But the natural world builds resilience into systems of all kinds by fostering unrelenting complexity; the key feature that makes complexity work is the intelligence with which diverse and competing interests fit together to achieve the wider aim of standing up against external threats, decay and decline.
In the landscape of public policy, this means rethinking our attitude about the problematic complexity inherent in dealing independently with a wide variety of diverse and competing stakeholder interests. It is, of course, easier for those who have to decide what adjustments to make, regarding any policy or practice, to exclude most stakeholders and only answer the needs of those whose interests fit simply and comfortably with their own. But then, that is not democracy.