Thrive In Ambiguity

Updated Friday, January 01, 2010

The fun part about business is the raw challenge of having to face SO many important decisions. It’s not that these are simply a sea of inch-deep and mile-wide decisions, but truly miles deep and wide. It’s like drilling for oil. Look at the decisions you have to make today: you can create a new product, you can re brand your old one, you can expand or change your target audience, you can hire at a low or high wage, you can school or buy books, you can buy books from well established authors or fringe insightful ones, you can get take funding from the big guy, go find a few small guys, or bring your product to market and self fund. I faced all those this month! There is seemingly no clear path. Ambiguity!

To illustrate, consider Microsoft and the Zune. You have to ask yourself, with the billions they spend in R&D, don’t you think some important decision makers in the Microsoft team thought “hmmm, we could make mp3 players much better”, even before the iPod? I am sure of it. However, they didn’t release their player until 5 years after the iPod.

The sea of ambiguity takes style and intuition to navigate. Microsoft lives in the same world that Mac does, and with way more capital, but the didn’t display the clarity of mind. Maybe all their market research is hurting them! Steve Job’s isn’t big on market research for a reason. I don’t think he is any type of strategic genius, just a great sense of what he wants.

Interestingly, Warren Buffet dealt with ambiguity by lessening it. When living in New York he told reporters he had 100 ideas a day come across his desk, when he only wanted a good one every year. That’s why he moved back to his home town of Omaha. Not a bad system.
Look at so many large companies today that started of with such clarity. Some still have it, others don’t. Ford was maligned for doubling employer wages and cutting hours. That move shortly double Ford’s income. Though, they don’t seem to display that same clarity now don’t you think?

The Success Commandment prevails: Thrive in Ambiguity. You either have to be able to handle it, or minimize it.

About the author. I'm Adam Temple. After a degree in religion I ended up in the business world and just love it. Sermonspice.com was my first big splash as it's now a multi-million dollar company (which I love saying!). Bixly.com is the next notable effort. Expert programming seriously low prices. It came about as a last ditch effort to avoid working security detail. Bixly reminds me of adolescence: thriving with health and potential, but still learning.