Black Swan Event

One concept. Four tiers of command. Which do you speak?

Category: Strategy

Foundational Lexiconunexpected catastrophe
Executive Parlanceimprobable impact
Scholarly Discoursefat-tail realization
Babel ZenithBlack Swan
Origin: Nassim Taleb

Etymology & Meaning

A highly improbable event with massive consequences.

In the Boardroom

Planning for events that models say can't happen.

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