Nassim Nicholas Taleb’s book Antifragile: Things That Gain from Disorder looks at how it’s possible to not only tolerate disruption and volatility but thrive from it.
In a year that appears dominated by uncertainty – including countries representing 60 per cent of the global GDP going to the polls, continuing geopolitical tensions and the rapid advancements in artificial intelligence, it feels very much like the next disruption is always just around the corner.
Some simple steps a company can take towards antifragility are actively discussing failure and learning from it; building layered approaches with no single point of failure; experimenting small and often; removing organisational silos, decentralising decision making and always asking ‘And then what?’ If we look at the recent pandemic and resulting lockdowns as a prime example of exceptional disruption, antifragility is characterised by businesses that were able to not only survive but used this...
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