Borders vs Barnes & Noble is a case in point . The major difference between success and failure in this case came down to how Barnes & Noble actively and constantly framed the threat created by Amazon as an opportunity to do business in new and different ways , leading to a very positive response .

Uncertainty ability – discovering possibilities So , what skillsets or qualities must leaders leverage to transform uncertainty into opportunity ?

Furr talks about the idea of ‘ uncertainty ability ’ – the ability of an individual to discover the possibilities in an uncertain world – and says that leaders today have an incredibly powerful opportunity to demonstrate uncertainty ability because their teams look to them as a source of courage and vision .

“ Authentic courage and vision always embrace and admit that not knowing and failure are natural obstacles on the way to transformation and success ,” he says .

READ THE FULL STORY

businesschief . com 41