Dancing around the black swan
The shift from being an energy distribution company to becoming an infra major has been a challenging yet satisfying experience. It was a move into an ocean of untapped opportunities.
By: Forbes India
There is no only one way to solve a problemThe shift from being an energy distribution company to becoming an infra major has been a challenging yet satisfying experience. It was a move into an ocean of untapped opportunities.
The book Black Swan by Nassim Nicholas Taleb helped in reinforcing my belief that there is no one way to solve a problem. It is good to be aware of trends, possibilities and be a part of the mythical land of Mediocristan. It helps to take on the unknown and make the best of it. In short, being prepared helps convert a black swan into a gray one. Walking the tightrope between the government, NGOs, consumers, business partners and stakeholders has made us expect the unexpected and accept that we are in Extremistan.
Th e Black Swan appears suddenly, has a huge impact and we try to justify its presence in hindsight. The world wars and economic meltdowns, which shattered the economies of the most developed nations, should make us cautious, open to changes and be hands-on with our business.
Taleb
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!