TED Talks Daily 3 ways to measure your adaptability -- and how to improve it | Natalie Fratto
Jul 5, 2019
Venture investor Natalie Fratto dives into the crucial skill of adaptability, essential for success in today's fast-paced world. She reveals three methods to assess your adaptability quotient, providing interesting insights into what really matters beyond intelligence. Fratto explores adaptability's role in business through the contrasting paths of Blockbuster and Netflix. With practical strategies for both personal and professional growth, she encourages listeners to embrace change and cultivate resilience for a thriving future.
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Assess Adaptability
- Assess adaptability by asking "what if" questions instead of "tell me about a time when" questions.
- This forces the brain to simulate future scenarios and reveals how someone handles constraints.
Unlearning
- Adaptability can be improved through active unlearning, challenging presumed knowledge with new information.
- Destin Sandlin's backwards brain bike exemplifies this, taking eight months to unlearn regular biking.
Blockbuster vs. Netflix
- Blockbuster's CEO overvalued exploitation over exploration, rejecting a partnership with Netflix.
- This focus on his existing model led to Blockbuster's bankruptcy, highlighting the danger of neglecting exploration.