Sounding Board is the Secret to a Stress-Free Life and Career
A Good Sounding Board Busts Stress and Boosts Success Managing the future is a challenge even in the most stable of conditions. Many decisions, in retrospect, often prove to be shots in the dark despite the use of sophisticated forecasting tools and enormous data. Wharton Professor Philip Tetlock wrote a magnum opus of the book ‘Superforecasting’ after 20 years of research. He says that “the average expert was only slightly better at predicting the future than a layperson using random guesswork”. Difficulties in predicting the future and making ‘sound’ decisions have become a nightmarish prospect in the new business environment because of (i) the mindboggling complexities of new products and processes (ii)the dramatic changes in the external environment (iii) the high rate of obsolescence, and (iv) the enormous amounts of investments. On such shifting sands, even a person with steely nerves would be beset by doubt and lose balance when making decisions. The frightening worldwid