Cycling of Ideas Wastes
The number source of time is wasted time. The number one source of energy is wasted energy. I add that the number one of customers is wasted customers and the number one of ideas is wasted ideas. I am finding support to my additions in the definition of disruption as outlined by a Harvard Business Reviews article "Disruption describes a process whereby a smaller company with fewer resources is able to successfully challenge established current businesses. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. Entrants that prove disruptive begin by successfully targeting those overlooked segments, gaining a foothold by delivering more-suitable functionality—frequently at a lower price.
During my first visit to Malaysia in 1998 I recall my meeting with the CEO of a major investment bank (BDF Bank it was called to my best memoty). He told me how the idea of establishing the bank came to his mind. During these times banks wouldn't have accepted deposits below a certain amount because the administrative costs made them unattractive. The CEO developed software to handle these deposits feasibly. He attracted the "drop out" and wasteful customers of other banks to become a leading bank in Malaysia.
This approach may be learnt from plants. Plants apply the concept of host-finding disruption. Some weeds (representative of dropped customers) send a scent to invite the insects to "land" on them instead of the neighboring crop. This way the main crop (business) will support the weeds (minor business) and view it as threaten-free so that the minor business will have a breathing period to grow and disrupt.
It is the same story with wasted time. In my presentation "The Blue Ocean Strategy of Time" I advocated applying the blue ocean strategy to deal with time waste. I advocate similar extension of the ideas to ideas waste.
Wastes are cheap resources, but become very expensive if these wastes prolong or decay. It is a readily available resource. However; because we tend to keep doing what we do we compile wastes and look down at their utilization. This is a paradox- we look for cheap resources and when we find them we tend to be inconsiderate of them.
How many ideas have we thrown in the waste bin? It is in these bins that we may find ample room for creative innovations. One great example that I read recently is on "Waste Water into Wine: An Idea for Producing More Phosphorus". In this post the author Dan Stone describes a process in which a reactor adds chemicals and turbulence to turn waste water into pellets nutritious for plants. The product—pellets made of magnesium, ammonium and phosphorus—can be used to enrich soils. It is not only enriching soils, but also enriching our behavior, our thinking and our lives that turning wastes to useful product is.
Many great have been thrown in the bin of ideas waste. It is time to wake up for them. Please share your story or a story that you know about on turning long-dormant ideas or wasted ideas into living bodies. Your share shall be highly welcome.
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التعليقات
Ali Anani
منذ 6 سنوات #19
Ali Anani
منذ 6 سنوات #18
Ali Anani
منذ 6 سنوات #17
Absolutely true you and your quote correct. We give our existence for a while on earth no value if we only produce waste and not finding a way to turn the waste into something useful. Thank you Franci\ud83d\udc1dEugenia Hoffman for writing such an interesting comment.
Ali Anani
منذ 6 سنوات #16
Smashing comment Jerry Fletcher and I enjoyed reading "Simply by mentally walking through the notes and observations there is a bridge to a different time and different minds" How true and expressive of reality this is!. I love the way you keep your notes even we get lost sometimes in which binder to find them. At least we know they are there. Ideas grow chaotically till we find a way to self-organize them or they may do this job for us!!!
Ali Anani
منذ 6 سنوات #15
We use chip clip all the time to seal bags of powdered milk, chips and many other food items. I didn't know the story behind it till I read your comment . This is a great idea of the value of simple ideas that find great potential. You have an entrepreneurial quality Jean as you know the value of not discarding ideas till their day comes. Love comment
Jerry Fletcher
منذ 6 سنوات #14
Ali Anani
منذ 6 سنوات #13
I am glad you cleaned your cupboard Paul Walters wrote a beautiful buzz on his experiences waiting for the publisher to publish his first book. Valuable things show their value by keeping us waiting for hem.
Paul Walters
منذ 6 سنوات #12
Ali Anani
منذ 6 سنوات #11
Great and mind-provoking examples. I thank you Yogesh Sukal for such a beautiful contribution. Well-done.
Ali Anani
منذ 6 سنوات #10
Thank you dear Gert Scholtz for providing an excellent example of potentially turning coffee waste into an energy source. This is a terrific one. Thank you for sharing it.
Gert Scholtz
منذ 6 سنوات #9
Ali Anani
منذ 6 سنوات #8
You left no mask dear Sara Jacobovici hiding the reality. Yes, the mask of pre-determining the value of an idea or whatever. Instead of enhancing the value of an idea we tend to have misconception and reject the opportunity for a breakthrough. Your comment resonates very strongly with me.
Sara Jacobovici
منذ 6 سنوات #7
Ali Anani
منذ 6 سنوات #6
You flow with wisdom Harvey Lloyd. You go with the flow of wisdom. "The main lesson, be present in the moment you find yourself". Also, "but we find opportunity and wisdom by being present". What Could I say? Your wisdom overwhelms me, Harvey.
Harvey Lloyd
منذ 6 سنوات #5
Ali Anani
منذ 6 سنوات #4
It is up to creative minds to find a novel use. Sticky notes was invented to glue cartoon boxes, but it failed the tests. The creative question was in whiich area mild stickiness would be needed? This question lead to sticky notes as one of the most successful commercial applications.
Ali Anani
منذ 6 سنوات #3
I think our tendency to have a low perspective of wastes is a core problem siraj shaik. Calling them wastes negatively affects their potential.These wastes have treasures in them and they are awaiting a sharp mind to utilize them. Yes, the factors that you outlined are all important, but I also think we need to upgrade our perspective. Your solar panel example is spot on. I just wonder how it differed from conventional ones.
Ali Anani
منذ 6 سنوات #2
Thank you dear debasish majumder on intent.
Ali Anani
منذ 6 سنوات #1