It’s often pretty easy to go about life without giving consideration to possible failure, at least not in a realistic way.
You’ve probably heard the phrase “too big to fail” numerous times throughout the past few months of economic crisis. At this point, given that the numerous entities to which have once been referred as “too big to fail” have ultimately failed, it would seem that the moniker is a better predictor of failure than a true statement of resiliency. The Titanic, large banking corporations, countries- all considered too big to fail, yet have failed.
So can we fail? Absolutely. But I think visualizing catastrophe is not just about seeing the end result as failure. It’s also about anticipating a series of smaller, perhaps even unnoticeable events that can accumulate to catastrophe. It’s not just about adopting a pessimistic viewpoint, either. It’s more about having a sober and realistic idea of where your strategies and tactics are weak. Of course, there are some catastrophes that can’t really be prevented… More >
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