

The AQ Factor: Building Adaptive People, Teams & Companies
10 snips Sep 11, 2024
Ken Spangler, co-founder of AdaptiveION and former FedEx executive, and Steve Davis, also a co-founder and ex-Accenture managing director, discuss the vital importance of adaptability in sustaining company success. They differentiate adaptability from change management and explore the five quotients of advanced adaptability for teams. The duo emphasizes how cultivating an adaptive leadership culture can transform challenges into opportunities, ensuring long-term success in the face of unforeseen changes.
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Tale of Two Companies
- Companies like Blockbuster, Circuit City, Kodak, and Polaroid were once incredibly successful.
- They ultimately failed because they couldn't adapt to changing market conditions.
Adaptability Statistics
- Only 6% of CEOs are confident in their organization's innovation speed.
- 70% of organizations failing to adapt to industry shifts lose market share or close.
Adaptability vs. OCM
- Adaptability is more critical than organizational change management (OCM).
- Adaptability has a broader reach and focuses on execution success.