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Adaptability is the personality trait that helps determine how you respond to change. It’s composed of flexibility (your willingness to change) and versatility (your ability to change). Adaptable people are less anxious and deal better with changes than those were not.
While we may have natural tendencies to be more or less adaptable, we can consciously decide to be more mentally flexible.
Adaptable people excel as leaders, earn the respect of their peers, inspire those around them to embrace change, and helps to facilitate even the most unanticipated transitions.
Unlike adaptable leaders, a leader unable to pivot quickly could hurt employees and the organization as a whole.
Our ability to have life satisfaction, to be happy and to have good relationships depends on our ability to adapt.
Being adaptable means not feeling hopeless and helpless in the face of change. If you can tell yourself that you have the skills and ability to change yourself, even if you can't change the situation, you have the key to being happy regardless of your circumstances.
Being adaptable can mean less time looking for work, and less stress as you tackle your new job search tasks.
You stop procrastinating and do what it takes to get a job. You're also more likely to try new roles, increasing the scope and the chances of success of your search.
Adaptable people take adversity in stride, adjusting their thoughts and expectations to suit their new reality, instead of dwelling on "what could have been."
Being adaptable means you change yourself to accommodate your circumstances, which is often easier than changing your circumstances.
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Sudden changes in the industry can disrupt the status quo, potentially derailing the success of your organization. In these situations a leader must remain flexible and adaptable, ready to make the quick decisions that can keep the company on track with minimal negative impact.
Putting speed and innovation ahead of tried-and-tested business practices often makes leaders cautious. However, in a fast-changing world, the only strategy that is guaranteed to fail is not taking risks.
For a start-up, the risks can be even greater but innovation is impossible without risk. And if you can’t take risks, you may not be cut out to be a digital leader.