As you and your friends and colleagues digest the election news, are you thinking alternative scenarios of what the Trump victory *might* mean for the U.S., for you, for your company, for the world? Or are you merely thinking of what it *most likely will* mean, and adjusting your single, baseline scenario based on the most persuasive random information coming your way?
Most executives I know presumed Trump wouldn't win. Nevertheless, optimal risk management or management-under-uncertainty should have made all of us develop and continually adjust multiple possible scenarios. Not many did. If you didn't have multiple election outcome scenarios 2 months ago, did the narrowing of the odds in the past few weeks prompt you start thinking in that direction? Did you take any anticipatory actions to prepare for whichever scenario was not your expected or preferred one?
More importantly, are you getting away from baseline-only thinking now? There are multiple dimensions against which to tease apart what will happen going forward, for instance:
Principal, Balanced Risk Strategies, Ltd..