Planning with uncertainty

3rd November 2021

As the world has become more interconnected both politically, economically, and socially, the future has become more uncertain. Political, economic, and social events in one part of the world, increasingly affect other parts of the world. Australia's cancellation of the submarine contract with France is still in the news this week and ACIL Allen Senior Associate David Campbell reflects on why willingness to change strategy in the light of new information is essential if risk and uncertainty are to be managed well.