Six Steps To Turn Luck Into Profit
This article carries on from a previous post on Serendipity. Here I give you six steps to turn luck into profit. If you missed the post read it here.
Ensure that the goals of your business are aligned with the values, interests and actions of your employees. The Japan Railways worker was all for removing water, he just had a different solution for doing it and he knew that his idea would be taken seriously.
Encourage initiative. Allow employees to pick problems that they are interested in, which in turn increases intrinsic motivation. Employees will put in extra effort or time if they feel it is worth it.
Unofficial activity (or skunk works) occurs in the absence of direct official support. When an idea is new to a company there is often resistance. Unofficial activity gives ideas a safe breeding ground where they have the chance to develop. Official recognition can raise all kinds of barriers to creativity when managers plan and scrutinise every step. When employees are free to experiment beyond the boundaries of their job descriptions, this is often the time for unexpected connections.
A serendipitous discovery is one made by accident in the presence of insight. Creativity often involves making connections between things that may seem unconnected. The more obscure the connection, the greater the role for the unexpected. With insight we help bridge the gap, we do not need to leap quite so far. An excellent example of this was the discovery of penicillin.
Use diverse stimuli. A stimulus either provides fresh insight into something a person has already set out to do, or it provokes an entirely new course of action. We must remember that it is hard (even impossible) to predict how individuals react to new stimuli. So once again we must expect the unexpected but a word of caution, mass applications of stimuli have a limited effect. Bringing people together to share experiences of such stimuli is much more beneficial.
Develop a soft infrastructure. For corporate creativity official channels of communication are of limited use. We need networks where knowledge and intuition can slosh about, crossing departmental and functional boundaries. Good examples are those coffee machine or water cooler moments. Smaller companies seem to be able to create or foster such networks but larger companies have difficulty. The larger the company, the more likely that the components of creativity are present somewhere in it, but the less likely they will be brought together without some help.
Following these steps will help in your quest to turn luck into profit.