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	<title>antifragile &#8211; Terence Eden’s Blog</title>
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		<title><![CDATA[No one knows what's coming next]]></title>
		<link>https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/</link>
					<comments>https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#comments</comments>
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		<pubDate>Fri, 12 Nov 2021 12:34:27 +0000</pubDate>
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		<category><![CDATA[NaBloPoMo]]></category>
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					<description><![CDATA[The book Antifragile is pretty bad. Like most popular management books, it&#039;s a single useful idea padded out with anecdotes.  Some organisations are overly reliant on the status quo. If a single thing changes, it can be catastrophic. For example, a sudden shortage of HGV drivers causes their entire supply chain to collapse and they go bankrupt. These organisations are fragile.  Some organisations …]]></description>
										<content:encoded><![CDATA[<p>The book <a href="https://amzn.to/3mmnJMb">Antifragile</a> is pretty bad. Like most popular management books, it's a single useful idea padded out with anecdotes.</p>

<p>Some organisations are overly reliant on the status quo. If a single thing changes, it can be catastrophic. For example, a sudden shortage of HGV drivers causes their entire supply chain to collapse and they go bankrupt. These organisations are <em>fragile</em>.</p>

<p>Some organisations <em>thrive</em> on chaos. Every time things change, they can take advantage and improve. For example, a sudden lockdown occurs and their distributed and trusted team can leapfrog their competitors. These organisations are <em>antifragile</em>.</p>

<p>They <em>gain</em> from <em>external</em> disruption.</p>

<p>We have to be prepared for change. Constant, relentless, chaotic change.  Every thought-leader on LinkedIn and Forbes will tell you what they <em>think</em> is the next big change, but no one really knows.</p>

<p>So! Let's workshop some unlikely events (call 'em "Black Swans") and see what changes they might bring?</p>

<h2 id="the-internet-collapsing"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#the-internet-collapsing">The Internet collapsing</a></h2>

<p>We've all had a day when "the email system's fucked" right? Imagine that email stopped <em>around the world!</em> Are you in a position to outperform your competitors because you have tried and tested manual processes?  What are your workarounds for disaster? How do they cope with a distributed workforce?</p>

<h2 id="your-business-being-declared-illegal"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#your-business-being-declared-illegal">Your business being declared illegal</a></h2>

<p>An existential risk for some industries. This might happen slowly (tobacco) or quickly (dodgy crypto-exchanges). What could you <em>immediately</em> pivot to if needed?</p>

<h2 id="the-ceo-having-a-heart-attack"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#the-ceo-having-a-heart-attack">The CEO having a heart attack</a></h2>

<p>The good-old "Bus Factor". At some point your CEO, or lead developer, or person who unlocks the doors in the morning - is going to have a fatal accident. Do you have a succession plan?</p>

<h2 id="encryption-being-defeated"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#encryption-being-defeated">Encryption being defeated</a></h2>

<p>Either a flaw in a popular cipher, or a 12 year old in Uzbekistan has accidentally figured out a way to factor prime numbers on a Casio calculator. What business can you do without a way to keep your secrets secret?</p>

<h2 id="sudden-fashion-change"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#sudden-fashion-change">Sudden fashion change</a></h2>

<p>"Ugh! No one uses X any more!" declares some <em>influencer</em>. And, just like that, your entire youth market switches to a competitor. Now what?</p>

<h2 id="what-next"><a href="https://shkspr.mobi/blog/2021/11/no-one-knows-whats-coming-next/#what-next">What next?</a></h2>

<p>The point of these exercises isn't to determine exactly what you would do in those precise circumstances. Think of them like conversation starters - what could we do <em>today</em> in case something like that happened tomorrow?</p>

<p>What are your favourite "unexpected events"?</p>
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