Ergodicity 101 Course for Business
149,00 € - 399,00 €
Dates: 17:00 - 19:00 CET, Tuesdays, 5, 12, 26 November and 3 December 2024
Course Modules:
1. Understanding the Ergodic Capital Problem
Objective: Grasp the core of why most business strategies fail under uncertainty and how to avoid this.
What You’ll Learn:
Why traditional investing and business models collapse under unpredictability.
How non-ergodic dynamics of business play out in real life (events like market crashes, supply chain breakdowns, or unexpected disruptions can destroy businesses.)
Case studies: Of companies who ignored systemic risks that led to their collapse.
Exercise: Perform a risk audit on your current business or startup idea, identifying assumptions that could be fragile under extreme conditions.
2. Building Antifragile Business Models
Objective: Create business models that don’t just withstand the polycrisis but grow stronger from it.
What You’ll Learn:
The key principles of ergodicity and how to design your business around them.
Why and how adaptive business models can create the conditions for ergodicity
How to identify areas of fragility in your business and what you can do about it
Exercise: Map out your current business structure and identify which areas are fragile. Redesign them using ergodic principles.
3. Designing Ergodic Ecosystems for Long-Term Resilience
Objective: Learn how to design ecosystems of companies that create conditions for ergodicity by investing into the whole.
What You’ll Learn:
How fractional profit pooling and shared governance promote ecosystem-wide resilience.
Exercise: Map out your ecosystem’s key players (other organizations in the value chain, stakeholders etc) and identify one area where fractional profit pooling could create mutual benefit.
Learning Outcomes:
- Distinguish ergodic from non-ergodic systems, applying this discernment to de-risk business operations and investments.
- Understand the failures of traditional probability models and how ergodic strategies can offer superior solutions.
- Apply ergodic principles to enhance circular and regenerative economies, identifying pathways for resource regeneration and resilience.
- Implement ergodic investment strategies that foster interconnected ecosystems, enabling fair wealth distribution.
- Utilize practical tools and templates to apply ergodic thinking in business decisions and investment strategies.
Course Value:
- Relevance: Equip yourself to thrive in a volatile, unpredictable world while contributing to a regenerative future.
- Addressing Gaps: Learn to avoid the pitfalls of traditional strategies and unlock the potential of ergodic thinking.
- Actionable Tools: Gain hands-on templates and frameworks to implement immediate changes in your business and investment practices.