Obama discussed his professorial leadership style in a recent interview with U.S. News & World Report. He said he is not afraid of doubt and is comfortable with uncertainty: "Because these are tough questions, you are always dealing to some degree with probabilities. You're never 100 percent certain that the course of action you're choosing is going to work. What you can have confidence in is that the probability of it working is higher than the other options available to you. But that still leaves some uncertainty, which I think can be stressful, and that's part of the reason why it's so important to be willing to constantly reevaluate decisions based on new information."Nice. But clearly he hasn't read Frank Knight's book "Risk, Uncertainty and Profit" because he describes uncertainty as probability. Environmental managers in the public service take heart, because your boss is comfortable with uncertainty. Grapple with it, please.
Saturday, November 28, 2009
Obama does AM!
From a Washington post article: