Adapt: Why Success Always Starts with Failure

 

Adapt: Why Success Always Starts with Failure 
Author Tim Harford
Title Adapt: Why Success Always Starts with Failure
Category Enterpreneurship& Innovation,Leadership,Strategic HR,Succession Planning
           
ISBN/ EAN
0374100969 / 978-0-374100964  
Publisher Farrar, Straus and Giroux
Country USA
Published 10-May-2011
No of Pages 320


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Summary

In this groundbreaking book, Harford challenges everything we know about solving problems. The book illustrates how we often search to find solutions in new strategies and it argues that it “is impossible to know in advance what the correct strategy will be.” Harford shows how we can solve complex problems by adapting. He urges us to make effective use of failures rather than trying to design the perfect plan.

Harford blends together several issues from the world of economics, politics, psychology and business by going through intriguing stories of failure and success. He urges us to learn from our mistakes by challenging our ideas on certain hypotheses that we often rely on. It describes how executives often assume that their commercial intelligence is the reason behind their success an idea that is openly challenged in the book through an explanation of how timing and luck are very important too.

The book offers innovative management practices such as Upside-down management and Peer monitoring. It covers topics in Organizational Design and Strategic HR and makes the case for centralized knowledge and leadership practices. It demonstrates how we can foster creativity and innovation in our working environment by designing systems of trial and error. In the end, it offers inspiring views on personal development. In the words of the author: “Pluralism matters because life is not worth living without new experiences - new people, new places, new challenges. But discipline matters too; we cannot simply treat life as a psychedelic trip through a series of novel sensations.”

Adapt provides valuable lessons on how to turn failure into success in a world marked by continuous change. It is a fascinating and inspiring book that embraces failure and offers fresh ideas that challenge the world.

Contributed by: Maria Georgiou