Language: English
10:45 - 11:45 EMBRACE CHAOS AND ANTIFRAGILITY
Since 2019 we all have experienced what resilience means to us and the relevance of it to our society. Corona did not only impact our physical health directly, it also had and will have a delayed impact on our supply chain and society. Some effects we will only observe in the far future, as for example the impact on human relations and on organisational relations. Covid is still current and many other events such as the war in Ukraine, the global shortage of resources and the climate change, make that our current reality is relatively uncertain and volatile.
The capability associated with dealing with uncertainty is resilience. The term for the optimisation of resilience is Antifragility and originated in 2012. For resilience many definitions can be found but this is not the case for antifragility.
An antifragile organisation (or system), thrives on stress and chaos. An antifragile system becomes stronger from an accident. SInce we know that we live in uncertain times where accidents are waiting to happen, the design and/or guided emergence of antifragile systems is very relevant as a tool in Risk Management.
The last four years academic research has embraced the topic of antifragility. We will provide a synopsis of (our) recent academic research. And we will provide examples of the applications in the domain of cloud security and in our team management.
One of the things we learned is that there is no such thing as a free lunch and that you should not underestimate the timeframe between the design and the practication of antifragile behaviour.