Reading the map – Keep to the North!

Over the past few weeks, I introduced you to a sense-making model developed by Dave Snowden. His Cynefin framework can serve as a map to give you some orientation in challenging situations of decision-making or problem-solving. Today, let’s take a closer look at how you can read this map, and why it’s advisable to avoid the South.

What’s cooking?

In a recent post I introduced you to the Cynefin framework, a sense-making model that can help you in difficult situations of decision-making and problem-solving. This framework comprises five domains: simple, complicated, complex, chaotic, and disorder. Looking for a coherent set of illustrative examples, I thought about cooking with friends as a common story line. Just imagine you […]

Know where you are!

Life is full of challenging situations and difficult problems you need to overcome, full of decisions you have to make. You constantly consider options, evaluate trade-offs, make choices. And your understanding of the circumstances is of paramount importance to make such decisions well. You need to know where you are in order to prepare your next steps. Easily said, but difficult without a map. Dave Snowden’s Cynefin framework is such a map that can give you this all-important sense of where you are and what you could do.

The risks of economic narrow-mindedness

It is all too tempting to judge an economy’s health simply by its growth rate. No big wonder then that many economic policies are devised with growth as their only goal. However, this approach grossly simplifies the complexity of an economy’s inner workings. Rather than searching for the one perfect signal of economic success, we should take the opposite angle and try to understand what could go wrong. Today, I’ll offer a more detailed sketch of this concept to illustrate how our own economic narrow-mindedness makes us susceptible to economic failure, i.e., how a singular focus on growth blinds us for many important aspects of economic health.

How economies fail – More from Jane Jacobs

How do you know that an economy is healthy? The standard answer to this seemingly simple question is: It grows! While growth is an important hint at economic success, making it the only indicator would be far too simplistic. But instead of searching for the one perfect signal of economic success, I suggest a comprehensive review of the different ways for an economy to fail: acknowleding what can go wrong in an economy thus becomes the starting point for a more nuanced and realistic picture of economic health. Today, I want to frame such a picture.