1% Better, Every Day | Jeffrey Chang | TEDxNYUShanghai

TL;DR

Success in today's complex and unpredictable world requires organizations and individuals to be agile, adaptable, and continuously improve by striving to be 1% better every day.

Transcript

thank you thank you all right so my topic is about uh 1% better and I want to start by really emphasize our world has become a very incredible complex um unpredictable world right and as many of you I don't know how many of you actually come to Shanghai before the lockdown I personally 87 days in my compound right so so this world has really become... Read More

Key Insights

• 🌍 In today's unpredictable world, success requires agility, adaptability, and continuous improvement.
• ❓ Technology is evolving rapidly, and organizations must stay abreast of advancements to remain competitive.
• ✖️ Multi-disciplinary talents are highly sought after in the corporate environment.
• 💦 Organizations need commitment from top management, clear objectives, and an agile way of working.
• 💝 Feedback is a valuable gift that can drive innovation and improvement.
• 🥺 Disruption can lead to innovation, and companies should embrace change as an opportunity.
• 🪡 The VUCA and BONNIE framework highlights the need for adaptability and composure in complex situations.

Questions & Answers

Q: What is the key to success in today's unpredictable world?

The key to success is being agile, adaptable, and continuously improving by striving to be 1% better every day. This allows organizations and individuals to stay ahead in a rapidly changing world.

Q: How has technology evolved over the years?

Technology has evolved rapidly, as shown by the example of Twitter and Facebook reaching 100 million users in 5 years, while WeChat achieved the same milestone in just one year and two months. This highlights the need for companies to keep up with technological advancements to succeed.

Q: What are some common factors among successful companies?

Successful companies have a commitment from top management, set clear objectives, and embrace better ways of working. They break down organizational silos, encourage agility, and focus on continuous improvement.

Q: Why is an agile mindset important in the face of complexity?

An agile mindset is crucial in an increasingly complex world because it allows individuals and organizations to adapt and respond effectively to volatile, uncertain, complex, and ambiguous (VUCA) situations. It enables them to manage anxiety and make better decisions.

Summary & Key Takeaways

• The world has become complex and unpredictable, requiring a new approach to business and personal success.

• Technology is evolving rapidly, and companies must be agile and capable of making changes quickly to stay relevant.

• Multi-disciplinary talents are increasingly valuable in the corporate environment.