In this episode, we explore the concept of effectuation, the science of entrepreneurial thinking that equips individuals and organizations with the tools to navigate an unpredictable and unplannable future. Rooted in principles that emphasize leveraging resources at hand, embracing uncertainty, and co-creating with stakeholders, effectuation offers a transformative mindset shift, especially relevant for leaders and teams facing constant change. We dive into how adopting effectual thinking helps organizations innovate resiliently, make informed decisions under uncertainty, and harness creativity by focusing on achievable goals rather than rigid plans. Whether you're an entrepreneur or an established business leader, this episode will inspire a fresh approach to problem-solving and adaptability.For this episode our host Alexandra Popescu-Zorica will be joined by Michael Faschingbauer, Partner at ICG Austria and expert on the topic.If you have any questions for Alexandra or Michael or are interested in collaborating reach out via [email protected]

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