Variability

The Other Side of Variability: Economics

The Other Side of Variability: Economics

After you have read my earlier posts...I hope that by now, you are already familiar with SAFe Principle #3 ... and that is, 'Assume variability. Preserve options'... just in case you forgot it :-) ! Well let me tell you that 'variability' does not stop there; there is another side of 'variability'. It has something to do with economics and funding...read on. My investment advisor, when I invest in my 401k, advices me, all the time, to invest on a stable, historically predictable and large fund -- a securities instrument with a mix of various stocks from various companies --…
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Don’t Rush to a Decision…Keep your Options Open!

Don’t Rush to a Decision…Keep your Options Open!

Ah! Options...we all love options...am I right? Why rush to a decision when you have the pleasure of choosing the best option at your own leisure? There's a lot of variables in this world... and because of that, anything can happen...therefore, it is wise to assume variability! Because of variability, the option that you have chosen too early and in haste (Point-Based approach) might not be the right one overtime, and too late or too much to adjust/change! Preserve your options (Set-Based approach)...let these play out...some will drop off overtime...and one will remain at the end: the one true option!…
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