Negative Thinking to Avoid Negative Results

Quick Summary: We have to expect the unexpected; someone always seems to know --ask them.

Abstract:

Variations are standard or said another way; the unexpected often happens.  In many instances, after the fact, it becomes obvious that someone knew about it or its likelihood of occurrence.  In today’s business culture, most people are reluctant to offer negative perspectives.  By asking them non-judgemental questions, many potential issues can be avoided or plans put in place to minimize their impacts.  A simple technique and tool can be used to capture those issues and events.

A PowerPoint™ presentation with the same name as this article is available on the www.CxO-Atlas.com website.  Registered website users can download the presentation.  There is no cost for accessing the website or downloading any of its content.  Instructions on how to download this presentation or any other content are included at the end of this article. 

Paraphrased from the Introductory article in this chapter:

“What will become apparent when viewing this presentation is that the author has minimal artistic ability!  Hopefully, the user can get past the “visual impairment” of the slides and focus on the content.  The presentation is not a “sales” or “investor” slide show, nor is it intended to “sell” the subject.  Instead, it was created as an educational slide deck.  The accepted “presentation rules” of lots of pretty pictures, 40-point font, and ten words per slide were not followed – not by a long-shot!”

This presentation is based on articles 3.020506, “The Good, The Bad, and The Ugly Assessment” and article 5.060601, “What Just Happened.”  Those articles describe the need for and a process to identify issues and events that could happen that could derail a company.  After the issues are identified, their impacts on the business and their likelihood of occurring are considered.  The presentation points out the difference between Black Swan events – those that are unexpected and unprecedented and those that can be foreseen – if someone is willing to come forward and openly put the potential issue or event on the table.

The presentation describes a process for collecting those events and presents a tool that can be used to capture them.  The tool is an Excel™ workbook.  Four versions of the tool are available and can be downloaded through article 8.020103, “Risk Assessment Tool.”  All four versions provide the same result regarding a numerical score consisting of the product of an issue’s impact severity and the likelihood of occurrence.  The tools vary in the data they capture and their data manipulation capabilities. 

Although an Excel tool is used, the methodology can be implemented manually with sticky notes or any other documentation method.

Quick Guide to Access an Article

 

  1. Click on the small Magnifying Glass located to the right of the LOGIN/JOIN button located on the far righthand side of the top menu on the home page.

                     Or click on https://cxo-atlas.com/search/index

  1. In the Search Article Number field, enter the desired article number.
  2. Click Apply.
  3. Scroll down and click on the article title that is shown.
  4. The article will be displayed.
  5. If only a partial article number is entered, all of the articles that contain that partial number will be listed.

This Search technique can be used to display a list of articles in a particular Volume, Chapter, and Sector by making sequential (Volume, Chapter, and Sector) selections in each search box.

 

To Register on the Site to Download Articles, Tools, and Presentations

 

  1. Click on the LOGIN/JOIN button located on the upper righthand section of the Home Page header.
  2. Click on Sign Up shown in the lower righthand portion of the Sign-In page.
  3. Enter a username, company name, and valid email address on the Sign-Up page and click Sign up.
  4. You will be taken to the Home Page and the following message will be displayed below the Home Page header.

“You have signed up successfully.  We have sent an email with a system-generated password.  The email may be in your Spam folder.”

  1. Check your email (especially the Spam Folder) for the registration email and create a new password.
  2. Log in to the site using your email address and newly created password.

 

Once this article is downloaded, a link to the PowerPoint presentation will be shown at the bottom of the article.

 

Article Number : 8.040407   

A Handy Reference Guide for Executives and Managers at All Levels.

9 Volumes 42 Chapters ~689 Articles

Browse Select Read Download

 

 

The weight of your world does not have to be on your shoulders.
The articles in this site will help to lift that weight from your shoulders.
Pick an article similar to how you pick a route on a page of an atlas.
There is no need to look at other articles, just as you ignore other pages in an atlas.
It is easy to start a business but it is hard to run. Bumps and unexpected sharp turns in the road are always present.
Others have traveled the road before you; learn from them. This site may help.