Marcliff Fountaine, CISSP, DA’s Post

As a leader, your primary goal might seem crystal clear: to drive results. Yet, there's a foundational principle that often gets overlooked in the pursuit of success – the art of diagnosis. It's like embarking on a journey without knowing the destination; you might move forward, but you're not truly getting anywhere. #LeadershipMatters #ProblemSolvingFirst #SuccessThroughDiagnosis

A good read to expand on “The lean startup”. The book is build around four leadership motions: orient honestly, value outcomes, leverage the brains, and make durable decisions.

Your limiting beliefs are costing you $$$, Decision Maker! Challenging and eradicating your limiting beliefs is the 🔑 to success for personal growth and success of you, your team, and your business. When you eliminate these beliefs that are holding you BACK from reaching your full potential, you’re able to fully step into your confidence. And confidence is a game-changer when it comes to effective leadership and thriving teams, Decision Maker. Not only is confidence a game-changer for you and your team, but it can have a significant positive impact on work performance and company success. Here are several ways in which confidence can improve you and your teams work: Increased Productivity: Confidence often leads to greater motivation and a willingness to take on challenges. When you believe in your abilities, you're more likely to tackle tasks with enthusiasm and persist through obstacles, resulting in higher productivity. Effective Communication: Confidence in your communication skills can lead to clearer and more assertive interactions with colleagues, clients, and superiors. You're more likely to express your ideas, ask questions, and provide feedback openly and effectively. Leadership Opportunities: Confidence is often associated with leadership potential. If you exude confidence, you're more likely to be considered for leadership roles and responsibilities within your organization. It’s SUPER important to keep in mind that confidence is not something you either do or don’t have. It’s something that you can practice, develop, and shape over time through self-awareness and different experiences. So… if you’re you and your team are struggling to foster that confidence that will provide better work and make you more money… let me help! Book a FREE discovery call today and let’s get you and your team on the path to success: https://lnkd.in/gDgN427D Let's go!!

Take a look at how a probabilistic mindset can make you more decisive leader.

3 lessons from failure that leaders should never ignore: 1️⃣ Your idea does not have a product market fit. To put it simply, not enough people experience the problem you are trying to solve or are willing to pay enough for your solution to make it a viable business. 2️⃣ You are missing a skillset or personality trait to execute your vision. Failure may be trying to amplify your shortcomings so you get to work mitigating them. 3️⃣ You are just not cut out for this pursuit. There is often a massive delta between what we envision and what manifests, and no one is condemned to live another person’s life if you change your mind. Remember: The will to survive should not obscure the lessons that impending failure may be trying to impart. If you blindly resist obstacles without contemplating what looming failure is signaling, you might lose that one death-defying chance to pivot, which could have changed everything. Share your thoughts below.

Our times are riddled with a dynamic and ever-changing business environment. To this end, a probabilistic mindset is quite the need of the hour. It shall assist one in carefully evaluating the varied factors and moving parts that affect many complex decisions and situations. What might seem beneficial for the short term might not be for the long haul. Our evolutionary instincts of being deterministic seem to be that of the past. Gone are the days when things were black or white, true or false. There is ever more "grey" around us than we can fathom. A lot of employers today look for critical and analytical thinkers. So what does that mean? What is the essence? How does analytics work? It stems from the prerequisite - a probabilistic mindset. As Walter Abrams, played by Al Pacino, said, "We are selling certainty in an uncertain world" in Two for the Money (2005). In essence, Walter Abrams, at least seemingly so, relied on a probabilistic mindset.  

Are we becoming more informed or overwhelmed by so much data? Embracing the idea that quality over quantity matters, it's crucial to frame data in a way to make decisions, Instead of aiming for absolute certainty, what if we strive to be less wrong over time? Food for thought on navigating uncertainty in leadership. #DecisionMaking #DataDriven #StrategicThinking

In today's trading environment, characterized by volatility, uncertainty, complexity, and ambiguity (VUCA), traditional deterministic approaches can often lead investors astray. As we'll explore, embracing a probabilistic mindset is not just a choice but a necessity, drawing inspiration from the wisdom of Thomas Bayes and insights from Mike Walsh's article on decision-making. The world of stocks, commodities, and forex is inherently VUCA. Markets can shift on a dime due to a myriad of factors, from geopolitical events to economic data releases. It's an arena where unpredictability reigns, and decisions made in haste can result in substantial losses. Mike Walsh aptly highlights that our natural inclination towards determinism, honed through evolution to make quick judgments for survival, can mislead us in today's complex trading landscapes. Instead, we must adopt a probabilistic mindset—a shift from being completely right to being less wrong over time. The Three Steps to Developing a Probabilistic Mindset - The "RPI" Approach 1. Recognize Uncertainty: The first step is acknowledging that trading is inherently uncertain. No one possesses a crystal ball to predict market movements with absolute certainty. By recognizing this uncertainty, we open ourselves up to a more flexible, adaptable approach. 2. Probe and Analyze: Just as Bayes proposed, we should continuously probe and analyze the market. Gather data, monitor trends, and scrutinize patterns. However, instead of searching for definitive answers, focus on refining your understanding of probabilities. What's the likelihood of a certain event occurring, and how does new data alter that probability? 3. Iterate and Adjust: A probabilistic trader doesn't shy away from making decisions but is prepared to iterate and adjust. Commit to your trading strategy but remain open to changes as new insights emerge. It's about embracing a dynamic process, not a rigid set of rules. Embracing probabilistic thinking in trading has garnered attention beyond our discussion. Experts in the field emphasize its importance: Nassim Nicholas Taleb: The author of "The Black Swan" underscores the significance of preparing for rare and extreme events in trading. A probabilistic mindset allows traders to be resilient in the face of unexpected market shocks. Ed Seykota: This legendary trader believes that successful trading hinges on managing risk through a probabilistic approach. He famously said, "Win or lose, everybody gets what they want out of the market." Daniel Kahneman: Nobel laureate and author of "Thinking, Fast and Slow," highlights the role of cognitive biases in trading decisions. A probabilistic mindset can help mitigate these biases by promoting a more rational and evidence-based approach.

This an interesting and insightful article on how the combination of business gut, data, and probability is critical for unpredictable planning. "Developing a probabilistic mindset allows you to be better prepared for the uncertainties and complexities of the Algorithmic Age. Even when events are determined by an infinitely complex set of factors, probabilistic thinking can help us identify the most likely outcomes and the best decisions to make."

Decision making is a leader’s task. This approach helps getting things done, assessing risk fast and be able to move. No worst thing as keep analysing and loosing time.