Coaching practices for Black Swan Risk Planning

Describe almost anything you are working through and IX Coach finds the practices whose real-world fit is closest. For Black Swan Risk Planning, these are the strongest matches in the current practice library.

Does this sound like the set of challenges you might be facing?

  • I’ve got a contingency plan for every risk I could name, and yet every time it’s the thing I never listed that actually knocks me over
  • I’m all-in on this plan and can barely make myself imagine it going wrong
  • My plan feels solid until I notice it quietly depends on a whole stack of things just going my way
  • I’m excited about this plan and so committed to it that I can’t honestly see what might sink it
  • My plans hold up fine until something throws them off

Practices that may help

  1. Build plans with slack for outcomes outside your model
    Reserve capacity for events that are not in your risk model — because the most damaging events usually aren’t.
    The Ludic Fallacy: When You Mistake Real Life for a Game
  2. Run a pre-mortem from the outside-view perspective
    Imagine the project has failed — then ask which base-rate failure type caused it.
    The Outside View
  3. Name the assumptions that must hold for the plan to work
    Every plan rests on assumptions — list them and ask how likely each one is.
    Margin of Safety
  4. Run a premortem before committing
    Imagine the decision has already failed — then ask why.
    Thinking in Bets
  5. Plan for obstacles with coping plans
    Anticipate the specific obstacles most likely to block your plan and pre-decide your response to each.
    Action Planning
  6. Black hat: identify risks and why something could fail
    Apply the most rigorous critical scrutiny to the idea — the black hat is the voice of caution and evidence-based pessimism.
    Six Thinking Hats, Made Practical
  7. Map and stress-test your key assumptions
    Before executing, list the assumptions the plan depends on — then ask which ones would kill it if wrong.
    Red Teaming: Stress-Testing Plans Before They Fail
  8. Rate each failure by likelihood and impact
    Turn the raw failure list into a prioritized set of risks to mitigate.
    The Pre-Mortem: Imagine It Already Failed
  9. Require the plan to change, not just the risk register
    A red team exercise that doesn’t change the plan has accomplished nothing.
    Red Teaming: Stress-Testing Plans Before They Fail
  10. Design decisions so they work even if some things go wrong
    Ask: does this plan require everything to go right? If so, redesign it.
    Margin of Safety

Related concerns

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