Ambiguity is the haziness of reality, has the potential for misreads.
1Ambiguity is a term used to describe a circumstance in which an investment is made, but the outcome is uncertain.
2 Ambiguity is the haziness of reality, has the potential for misreads. Consequently, in times of organizational change or digital transformation, dealing with ambiguity is a leadership skill.
3 The ambiguity effect is a cognitive bias where decision making is affected by a lack of information (in many cases, the information cannot be obtained).
4 The tolerance of ambiguity means that the business leaders today are comfortable with uncertainty, unpredictability, conflicting directions, and multiple demands.
5 Ambiguity can be understood as being similar to business ‘risk,’ Though risky events have a known probability distribution over outcomes while in ambiguous events, the probability distribution is not known.
6 Ambiguity has cause-and-effect confusion; it’s the dissonance between ideas, but it can also become the “secret sauce” to stimulate creativity.
7 Business leaders today needs to have a certain level of ambiguity tolerance to inspire a culture of innovation and risk-taking, and appreciate different perspectives, different knowledge, and different ways to solve problems.
8 complex, ambiguous and dynamic environments demand a greater understanding and application of systems thinking - take a natural and holistic way to understand the world, and all its systems and subsystems works
9 Dealing with ambiguity is linked with decision-making processes. And decision making is one of the most important responsibilities for leaders.
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