We’ve all heard the expression: “Change is the only constant in life.” It’s not new—it dates back to the Greek philosopher Heraclitus in 500 BC.

But I would argue that we are shifting to a market environment where it is not change, but uncertainty, that is the new constant. In fact, mentions of “uncertainty” are up 80% year over year in Glassdoor reviews. And the word appeared in 87% of public earnings statements in early 2025.

These are the reasons, according to a recent analysis—Leaders, It’s Time To Build Your Tolerance For Uncertainty—that the . . .

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