Attributes relevant to antifragile organizations - Paper - IEEE CBI 2021 20210902
Presentation of paper titled: Attributes relevant to antifragile organizations @ IEEE CBI 2021 - 09 DOI: not-yet-available Slides: https://www.edzob.com/page/slideshare/ Discord chat: https://discord.gg/2wZzNWaCzv Find the hidden easter egg(s) and share them in the comments. Authors: Edzo Botjes ∗ , Martin van den Berg † , Bas van Gils ‡ , § and Hans Mulder § ∗ Xebia, Hilversum, The Netherlands † Hogeschool Utrecht, Utrecht, The Netherlands ‡ Strategy Alliance, Amersfoort, The Netherlands § Antwerp Management School, Antwerpen, Belgium Paper abstract —Organizations operate in a socio-economic context, and alignment with this context is key for business success. The rate of change and impact of these changes on the operating model of the organization appears to be increasing. Major trends are the aftermath of the financial crisis of 2008, the “VUCA” aspects (volatility, uncertainty, complexity, ambiguity), and the Covid-pandemic. The challenge for organizations is to become resilient or even antifragile to survive (unexpected) external stressors. Antifragility refers to a class of systems that do not deteriorate (fragile) or withstand (robust) stressors, but actually improve as a result of stressors. Our objective is to find attributes that are relevant for an organization to be(come) antifragile. The list of attributes found is based on an extensive survey of available literature, and is validated with domain experts and leaders of various organizations. We dub the list of attributes found the Extended Antifragile Attribute List (EAAL). Considering the current economic and social impact on organi- zations and people of the Covid-pandemic, the EAAL is relevant as well timely. The EAAL turns out to be extensive and holistic. We consider the EAAL to be a stepping stone in setting the scene of the domain of antifragility. We suspect that the EAAL might also be applied to generic system design including technology infrastructure and software systems. This exploration is part of future research
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Attributes relevant to antifragile organizations - Paper - IEEE CBI 2021 20210902
- 1. IEEE CBI 2021 23rd IEEE International Conference on Business Informatics Attributes relevant to antifragile organizations Edzo Botjes∗ , Martin van den Berg† , Bas van Gils‡,§ and Hans Mulder§ ∗Xebia, Hilversum, The Netherlands †Hogeschool Utrecht, Utrecht, The Netherlands ‡Strategy Alliance, Amersfoort, The Netherlands §Antwerp Management School, Antwerpen, Belgium Link to these slides Link to CBI2021’s Discord server CBI Conference cbi2021.events.unibz.it IEEE CBI www.cbi-series.org
- 2. IEEE CBI 2021-09 Slides Discord Agenda 1. A reflection 2. Research Question 3. Antifragile and Resilience 4. Research Approach 5. Research Result 6. Future Research 7. Q&A
- 3. IEEE CBI 2021-09 Slides Discord A reflection
- 4. IEEE CBI 2021-09 Slides Discord This leads to the following research question: What attributes make an organization antifragile? Research Question
- 5. IEEE CBI 2021-09 Slides Discord Research Approach 1. Search and select literature (search + forward/backward snowball). 2. Categorize and summarize the literature. 3. Select most relevant literature. 4. Identify system attributes described in the relevant literature. 5. Create a structured way to categorize system attributes and use this to design a sorting algorithm (decision tree) to apply to the selected attributes. 6. Sort the identified system attributes by applying the decision tree. 7. Validate the results so far with experts and practitioners. 8. Design the final attribute list by mapping the sorted attributes back on the structured way that was designed in step 5. 9. Validate the final attribute list with experts and practitioners.
- 6. IEEE CBI 2021-09 Slides Discord Research Approach 359 sources found, of which 87 relevant and of which 9 selected as they contained a list of attributes. Review and validation by 7 c-level managers from 5 sectors. Review and validation by 18 experts in one- on-one and group sessions.
- 7. IEEE CBI 2021-09 Slides Discord Antifragile and Resilience Introducing antifragility - Taleb 2012
- 8. IEEE CBI 2021-09 Slides Discord Antifragile and Resilience Introducing resilience - generic
- 9. IEEE CBI 2021-09 Slides Discord Antifragile and Resilience Introducing resilience - Martin-Breen 2011
- 10. IEEE CBI 2021-09 Slides Discord Research Result Structure to order the attributes found in the literature Learning Organization
- 11. IEEE CBI 2021-09 Slides Discord Research Result Extended Antifragile Attribute List (EAAL)
- 12. IEEE CBI 2021-09 Slides Discord Future Research Highlights Improvement of rigor by replication Variety of human behaviour in relation to hyper connected organisations. The diversity paradox of Antifragility
- 13. IEEE CBI 2021-09 Slides Discord Q&A Extended Antifragile Attribute List (EAAL)
- 15. IEEE CBI 2021 23rd IEEE International Conference on Business Informatics
- 16. IEEE CBI 2021 23rd IEEE International Conference on Business Informatics
- 17. IEEE CBI 2021 23rd IEEE International Conference on Business Informatics
Editor's Notes
- This brings us to the articulation of the objective for organizations that we hope to tackle in this paper: organizations have to find a way to stay relevant in the current VUCA world and be able to survive disruptive black swan stressors events. Our hypothesis is that this can be achieved if the organization has antifragile properties. This hypothesis is supported by literature from the field of risk management, complexity theory/ complex adaptive systems as well as enterprise governance (e.g. [3], [9], [12]–[16]).