Question
The concept of antifragility challenges existing business practices by suggesting that organizations should not only be resilient or robust in the face of shocks and volatility, but should actually benefit from them. Traditional business practices often focus on stability and predictability, trying to avoid or minimize risks and uncertainties. Antifragility, on the other hand, sees shocks and volatility as opportunities for growth and improvement. It encourages businesses to embrace uncertainty and randomness, and to adapt and evolve in response to them, rather than trying to predict and control everything.
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We assume that more data will help us predict events—but large events, particularly major political upheavals, cannot be predicted. Prediction and forecasting are modern phenomena, and they are not neutral. In fact, forecasting can be downright injurious, as bad as bleeding people who are ill. We can predict the movement of the planets, but we cannot accurately predict revolutions, crises, or the size of budget deficits.
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