AQ is now the key ingredient to ensure success at work
You can use your Adaptability Quotient to boost your career in a changing world of work where the volatile and uncertain economic landscape requires employees to stand out if they want to adapt and grow in their careers.
“In the past, Intelligence Quotient (IQ) was considered a major differentiating factor and for the past decade or so, Emotional Quotient (EQ),” says education expert Talita van Wyk, head of programme in the faculty of finance and accounting at The Independent Institute of Education.
“Given the developments of the past decade, in particular the past four years, Adaptability Quotient (AQ) has now become a key part of the mix.
“We are faced with continuous change in the workplace whether due to macro- or micro-environmental factors. Add that to the changes requiring adaptation at home, in the community, in relationships and the way we perceive things and it becomes important to develop responses that become more adaptable, pivot quickly and with resilience and lead the way within the change to stay on top of things.”
Van Wyk says the concepts of IQ, which signify mental potential and efficiency such as the ability to understand things and EQ, the ability to understand and manage emotions positively and deal with emotional issues in one’s life effectively and positively, are not new concepts.
“However, in today’s uncertain environment, the concept of Adaptability Quotient, which is a measure of an individual’s ability to adapt to new and changing situations, is less familiar but becoming one of the foremost determinants of success.”
AQ incorporates IQ and EQ and has become increasingly relevant because individuals with a high AQ can manage challenges and changes and solve problems quickly and effectively in the workplace with their neutral approach to understanding various situations and providing effective solutions and outcomes, she says.
Reasons why AQ is important in the workplace
▶ Flexibility: People with high AQ are generally more flexible and adaptable, allowing them to quickly learn new skills and adjust to changing requirements and responsibilities. This is essential in constantly evolving industries, like many are today.
▶ Innovation and collaboration: People with high AQ are more likely to come up with creative solutions to problems and work collaboratively, as well as being more open to a range of perspectives. This can lead to new ideas, products and services that can drive growth and competitive advantage for their organisations.
Collaboration creates constructive discussions for learning and growth towards a thriving work environment.
▶ Resilience: AQ determines a person’s ability to recover from setbacks and failures. Employees with high AQ are better equipped to bounce back from setbacks and maintain a positive attitude. This is important in maintaining productivity and morale in the workplace, particularly given the current economic environment.
▶ Leadership: AQ is also relevant for leaders in the workplace.
Self-awareness, understanding and knowing oneself will assist in the self-confidence required to lead change in the workplace. Leaders with a high AQ can anticipate, look at various probabilities and adapt to changes in their industry while inspiring their teams to do the same.
This can help organisations stay ahead of the curve and maintain a competitive edge.
Developing AQ
“AQ is highly relevant in today’s workplace and will continue to be so in future as it includes key skills that help employees and leaders adapt to changing circumstances in a meaningful and positive way, innovate and maintain a positive and productive work environment,” says Van Wyk.
She adds that it’s important for institutions of higher learning to ensure this skill is developed in students while organisations and leaders who prioritise AQ can create a culture of resilience and innovation that can help them stay ahead of the competition and thrive in their industry.