C-184 Making Your Business Antifragile
Ed Kless
@edkless
CPE Credit
• In order to receive CPE credit for this session, you must be present for the entire session. – Session Code: C-184– Recommended CPE Credit = 1.5– Delivery Method = Group Live– Field of Study = Specialized Knowledge and Applications
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Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.
The antifragile loves randomness and uncertainty, which also means—crucially—a love of errors, a certain class of errors.
-Nassim Taleb
Fragile Robust Anti-fragile
Damaged by disorder
Resilient to disorder
Benefits from
disorder
We are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.
-Nassim Taleb
It is of great help that Mother Nature is the best expert at rare events, and the best manager of Black Swans; in its billions of years it succeeded in getting here without much command-and-control instruction from an Ivy League–educated director nominated by a search committee.
-Nassim Taleb
In business and economic decision making, reliance on data causes severe side effects—data is now plentiful thanks to connectivity…
A very rarely discussed property of data: it is toxic in large quantities—even in moderate quantities.
-Nassim Taleb
Organizations/ideas/art which have been around a long time, will be around for a long time to come.
What you came for (I.e., HT make you business anti-fragile)
• Don’t try to control your reputation, but rather expose your organization by telling others WHY you do what you do
• When setting strategy in your business, plan, but include the ability to adapt your plan.
• (Or don’t really plan, I can’t decide.)
• Encourage learning failures through lots of experimentation. Recognize that these idea will more often fail, but the more failure, the more success.
• Understand freedom and accountability are the same thing.
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• Session code for this session: C-184
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Contact Information• Presenter Contact Information:
– Ed Kless– [email protected]– Twitter hashtag @edkless
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