13. 13
Managing luck / bad luck
Evolution of state debt
CaptainsofCycling.be
1992 2005
14. 14
Let’s toss
“People may be excessively cautious when facing life-changing
choices.” If you are torn between adventure and stasis — between
doing something and doing nothing — take the adventure.
Odds are you’ll be happier for it.
Heads or Tails: The Impact of a Coin Toss on Major Life Decisions
and Subsequent Happiness
Steven Levitt
17. 17
The Challenge of Chance
CHALLENGE
“People tend to explain
succes by merit “
• Hard work
• Intelligence
• Preparation
• Benchmarking
• ….
CHANCE
“People have a problem
with the ‘luck-factor’
But often something
unforeseen & uncalculated
does provoke situations,
alterations & success. “
M. Van Elk - Universiteit Maastricht & Amsterdam
- dep. Psychologie
18. 18
WHEN WE GIVE OURSELVES
PERMISSION TO FAIL,
WE, AT THE SAME TIME,
GIVE OURSELVES
THE POSSIBILITY TO EXCEL.
20. 20
Individual Level
FAILURE
Your business
LEARNINGS
TIME
SUCCESS
LEARNING PERIOD REALITY CHECK
Failure on an individual level as a positif element for
future success leads sooner or later to infallibity
SO WHAT ABOUT…
Learnings form success
Failure and no learings
Failure after failure
Succes after success
…
?
?
24. 24
Survival of the Fittest
- The finch -
Having the right beak or obtaining the right beak through rational
choice is an illusion.
Neither the best equiped finch, nor the most intelligent one will cause
evolution.
Being called The Fittest is often an answer to the mere coincidence or
change in the supossedly logical & predictable course of events
A BRILLANT INDIVIDUAL ‘ MISTAKE’ SUCCESFULLY
PROPELS A GROUP / COLLECTIVE / SPECIES
25. 25
Corporates - StartUps
#1
Corporates should not just fund
startup innovation, but actively
participate in it by pooling ideas,
assets and intellectual property.
#2
Corporates should embrace more
experimental and entrepreneurial
settings
26. 26
Corporates - StartUps
#3
The corporate journey to open
innovation requires to recognize that
collaboration with startups cannot
continue to be done solely on their
terms & on their premises
#4
Corporates should cultivate a living
portfolio of new technologies &
product initiatives
27. 27
The Ecosystem of Failing
leads to Success
FAILING IS NOT
YOUR FAULT
as being succesfull is not
your personal merit