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Dr Margaret Heffernan is one of the world's leading thinkers on uncertainty, leadership and creativity. A bestselling author, entrepreneur and former CEO, her latest book, Embracing Uncertainty, challenges one of the biggest assumptions in business that the future can, and should, be predicted.
In this episode, Margaret explains why forecasting often fails, where great ideas really come from, and why spending more time with uncertainty can actually make us better leaders and marketers. We discuss the dangers of relying too heavily on data, the surprising habits of highly creative people, and why walking might be one of the best things you can do for your thinking.
Timestamps
00:00 - Trailer
01:09 - Why pick uncertainty as a topic
05:31 - Why some companies shouldn’t forecast
09:04 - Why smart people are wasting time on forecasting
14:41 - The problem with having too much data
19:07 - Predictability only happens at scale
24:41 - Where do ideas come from?
27:19 - Why the Chief Economist of the Bank of England goes on walks
30:29 - Are we becoming too left brain dominant?
32:32 - The problem with AI
36:10 - Is AI killing our ability to think?
41:17 - How to make good ideas happen
44:11 - The power of surprise
46:15 - The improvisers paradox
49:31 - The correlation between the artists mind and the entrepreneur’s mind
51:57 - What human skills do we need to survive?
58:43 - The best advice Margaret has ever been given
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