236: Today’s Decisions Create Our Future Regrets

Discover the fascinating interplay between today’s decisions and their potential future consequences in this thought-provoking episode. Inspired by Mary Portas at the Retail Technology Show 2023, join Oliver Banks and consider how our actions and innovations can give rise to unintended negative effects. Plus explore how to identify and avoid creating future regrets. Delve into a selection of past, present and future examples, and learn the importance of selflessness and collaboration in overcoming present-day challenges.

Listen to this episode and discover:

• Macro, micro and personal examples where we see the consequences of short-term thinking.
• A comprehensive framework to help you evaluate potential regrets and adapt your strategies.
• Potential examples of how today’s innovations and transformations could quickly unravel to become our future regrets.

 

Connect with Oliver Banks

If you’d like to discuss the potential impacts of your transformation, or if you’d like support to drive your strategic change initiative forwards, reach out to Oliver Banks.

Email him at oliver.banks@obandco.uk.

Or connect with Oliver Banks on LinkedIn.

Additional podcast episodes of the Retail Transformation Show

If you’re wondering what to listen to next, here are some suggested episodes.

Firstly, in episode 226: Knowing What’s Likely To Happen, discover how you can use the element of likelihood to help plan for and predict the future.

Next, in episode 187: What If Your Transformation Is Wrong, Oliver explores how to challenge your own transformation, and what do to if you’re concerned that you’re on the wrong path.

Dr Jackie Mulligan joined for episode 113: Disruptive Thinking For A Volatile World and explained the idea of scenario planning and how this can be used to be better prepared for the future.

Decision making is a crucial skill when it comes to avoiding a long term regret. Learn from some of the best decision makers in the world in episode 196: Learning From World Class Decision Makers.

And finally, AI is used as one of the examples with several ominous outcomes. Join Oliver Banks in episode 224 as he discusses 10 Thoughts On AI In Retail.