Change and adaptability are key to growth
As you experience new ideas or discover new pieces of information, the most intelligent people aren’t rigid in their thinking, but constantly give weight to new input. The antithesis of this is being extremely rigid – the person who won’t change their mind no matter what.
So why, of all the different ways to understand intelligence, did Dr Green pick adaptability – and how on earth is this meant to help you with business strategy? Because being adaptable is the key to growth, in both life and business.
Those who can accept their ignorance and use it as a lesson to make better choices are the ones who will thrive.
You can assume but you don’t know
After Eric Ries released The Lean Startup, it developed a cult following and became the bedrock product methodology for startups all over the world. Its key premise is, you know absolutely nothing and the only way to know something is by doing it (cheaply) and seeing what happens. In your maths class, you’d call it trial and error.
The reason this has been so powerful for startups is that, time and time again, our assumption about what we think people want is completely different to what people actually want. So if you start from believing you know exactly what people want, design a strategy, and things fail – you won’t understand why it’s failing, because you’ll not even realise that a foundational assumption you made was wrong. After all, you believe it to be unshakeable knowledge.
This type of mindset is a surefire way to build products people don’t want to use. As founders, we have to accept our ignorance about our business strategy and be ready to change it as new data and information come in at a moment’s notice.