Adapt: Why Success Always Starts with Failure Review

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Adapt: Why Success Always Starts with Failure ReviewYou may wonder about the need for adapting. Tim Harford, the author makes a very strong case for learning to adapt. "We face a difficult challenge: the more complex and elusive our problems are, the more effective trial and error becomes, relative to the alternatives. Yet it is an approach that runs counter to our instincts. The aim of this book is to provide an answer to that challenge."
There is no doubt that the world and our individual lives are becoming more complex and challenging. The conventional approach to solving problems does not seem to work.
Mr. Harford builds a case for an unconventional approach - an experimental approach involving trial and error.The book puts forth that there are three essential steps for successful adapting: The first is to try new things with the knowledge that some will fail; to make failure survivable since some of the attempts will surely fail and to make sure you know when you have failed.
The essential steps seem fairly straightforward. But Mr. Harford takes the reader on a journey through history, recalling many failures - Robert McNamara's handling of the war in Vietnam; Donald Rumsfeld's stubbornness dealing with the war in Iraq; The Piper Alpha rig explosion in the North Sea; and the Lehman Brothers financial meltdown.
He also recalls many things that worked and contrasts the different approaches used by the successful - trial and error and adapting.
There is a wonderful collection of historical events, psychological experiments and insights that we can put to use in our daily lives.
Some of the insights deal with large organizations and governments. Here the average reader may become a bit discouraged that those in charge, those who should know, get so attached to their own decisions that they can't/won't let go of them. Rumsfeld and McNamara come to mind.
Chapter six is particularly interesting. It deals with the recent financial meltdown and in particular the Lehman Brothers failure. There is a great insight in the need for decoupling. The concept is quite simple, separate (decouple)the transactions of financial institutions so that the failure of any one will not bring down others. Unfortunately so many banks and investments banks were so tightly connected that any adverse occurrence in one had an impact on the entire system. The decoupling concept applies not only to financial institutions but to safety concerns - think the Horizon disaster - Three Mile Island, etc.
Chapter seven and eight brings all the concepts together. Chapter seven takes all the concepts concerning organizations and chapter eight deals with the concepts as it applies to individuals.
The lessons concerning the adaptive organization might seem a little beyond the average reader. But there is no doubt that we all will benefit greatly from the lessons contained in Adapting and You (Chapter 8).
We should understand that the key to success in an ever changing world is adapting. And the key to adapting is: Try new things, try them in a context where failure is survivable and learn how to react to the failures we do encounter.
A very enjoyable read with lots of great lessons. For the individual, the last chapter is the most valuable.
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