Serendipity is making unexpected discoveries. It is not entirely controllable nor predictable. It means seeing solutions where others find none.
In a rapidly changing world, we don't know which problems to solve or which resources to develop. To meet this challenge, we must learn to accept the limitations of planning and welcome the potential of the unexpected.

Serendipity and being open to the unexpected

Teamwork

Several companies design flexible structures and processes to cope with the unexpected. Uncertainty presents not only a challenge but also a potential opportunity.
<ul>
<li>The company, Haier, developed a &#39;platform ecosystem&#39; where employees can present their ideas to an investment committee.</li>
<li>They also developed a digital ecosystem around users where the user is the core. </li>
<li>A culture of innovation is encouraged by rewarding autonomous decision-making and encouraging employee teams to find external partners to develop ideas.</li>
<li>Other companies focus on coffee trials, where you are randomly paired up with other employees over lunch.</li>
</ul>

Develop the conditions for serendipity

<figure><picture><img alt="People release sky lanterns to celebrate the traditional Chinese Sky Lantern Festival in Pingsi, Taipei County, February 7, 2009. " src="https://assets.weforum.org/article/image/large_B95fshGGoOwZmm23CNyq0X12mQQ1BgXBFoP-uPhExlw.jpg" width="743" height="321"></picture><figcaption dir="auto">Why leave good luck to chance?
Image: REUTERS/Nicky Loh (TAIWAN) - GF2E5270YFL01</figcaption></figure>In a rapidly changing world, we often don't know which problems to address, which questions to ask, or which resources to develop. Overcoming these challenges requires two uncomfortable adjustments: we must learn to accept the limitations of planning, and embrace the potential of the unexpected. In our research – including a recent<a href="https://www.leadersonpurpose.com/the-ceo-study" rel="noopener" dir="ltr"> Leaders on Purpose study</a> in which we spoke with more than a dozen of Harvard Business Review's CEOs of the year – one pattern has come up again and again. The most successful leaders and their companies have increasingly, and usually sub-consciously, been developing a muscle for serendipity.Serendipity tends to happen when we open our eyes to the unexpected. At its best, this means seeing bridges where others see holes. In our day-to-day lives, we often fail to capture serendipitous moments. By definition, serendipity – “Making discoveries, by accidents and sagacity, of things they were not in quest of,” is how English author Horace Walpole, who coined the term, described serendipity in 1754 – is not completely controllable, let alone predictable. However, our research shows that there are tangible ways to develop the conditions for serendipity and to ensure that these potentially transformational coincidences are grasped with both hands.For example, an increasing number of companies design agile structures and processes to cope with the unexpected. Take Haier, the world’s largest white goods company, which recently acquired General Electric’s Appliances Unit. Appreciating that “we need to disrupt ourselves before we get disrupted”, as Haier's chairman and chief executive Zhang Ruimin has said, the company developed a ‘platform ecosystem’, where employees can pitch their ideas – which often randomly emerge from customer interactions or associations of new data-points – to an investment committee.Haier has developed a digital ecosystem around users in which the traditional product company has become an Internet-of-Things company with the user at its core. A central database, called U+, is at its heart. The most interesting ideas are developed into ‘micro-enterprises’, many of which scale fast using the Haier platform. A culture of innovation is being encouraged by rewarding autonomous decision-making, and mandating employee teams to find external partners to develop ideas.Other organizations have focused on tactics such as random coffee trials, where people who have not met yet (at an acquired company, for example) are randomly paired up over lunch, as well as the removing of barriers to serendipity such as endless and often senseless meetings and memos.All this reflects a world where uncertainty presents a challenge but also a potential opportunity. Instead of insulating themselves from it, the best organizations build an affinity for the unexpected and, in so doing, transform a threat into an opportunity. Digital tools – easier changed and adapted than physical structures – help accelerate this process.In a world dominated by rigour and efficiency, overcoming the perception of serendipity as loss of managerial control, and seeing it rather as a sign of an open mind and a positive corporate culture, is crucial to avoid burying potentially serendipitous, valuable outcomes. In settings such as nuclear reactors, however, the usual caveats apply.This is the first of a <a href="https://www.weforum.org/agenda/2018/06/two-big-uncertainties-shaping-future" dir="ltr">series</a> exploring the most important, yet uncertain, drivers shaping the future. It is curated by the World Economic Forum in collaboration with its <a href="https://www.weforum.org/communities/expert-network" dir="ltr">Expert Network</a>.<div>Share</div><div>License and Republishing</div><div>Written by</div>
 <a data-gtm-class="author" href="https://www.weforum.org/agenda/authors/christian-busch-6fb12ed3-4fee-48df-a7d0-a614583f79ae" dir="ltr">Christian Busch</a>, Director, CGA Global Economy Program, New York University, author of The Serendipity Mindset: The Art &amp; Science of Creating Good Luck
 The views expressed in this article are those of the author alone and not the World Economic Forum.<h2>Subscribe for updates</h2><div>A weekly update of what’s on the Global Agenda</div>

By adopting a culture of openness backed by technological innovation, businesses are finding they can make their own luck

Career

In a rapidly changing world, we often don't know which problems to address, which questions to ask, or which resources to develop. Overcoming these challenges requires two uncomfortable adjustments: we must learn to accept the limitations of planning, and embrace the potential of the unexpected.

In our research – including a recent<a dir="ltr" href="https://www.leadersonpurpose.com/the-ceo-study" rel="noopener">Leaders on Purpose study </a>in which we spoke with more than a dozen of Harvard Business Review's CEOs of the year – one pattern has come up again and again. The most successful leaders and their companies have increasingly, and usually sub-consciously, been developing a muscle for serendipity.

Serendipity tends to happen when we open our eyes to the unexpected. At its best, this means seeing bridges where others see holes. In our day-to-day lives, we often fail to capture serendipitous moments. By definition, serendipity – “Making discoveries, by accidents and sagacity, of things they were not in quest of,” is how English author Horace Walpole, who coined the term, described serendipity in 1754 – is not completely controllable, let alone predictable. However, our research shows that there are tangible ways to develop the conditions for serendipity and to ensure that these potentially transformational coincidences are grasped with both hands.

For example, an increasing number of companies design agile structures and processes to cope with the unexpected. Take Haier, the world’s largest white goods company, which recently acquired General Electric’s Appliances Unit. Appreciating that “we need to disrupt ourselves before we get disrupted”, as Haier's chairman and chief executive Zhang Ruimin has said, the company developed a ‘platform ecosystem’, where employees can pitch their ideas – which often randomly emerge from customer interactions or associations of new data-points – to an investment committee.

Haier has developed a digital ecosystem around users in which the traditional product company has become an Internet-of-Things company with the user at its core. A central database, called U+, is at its heart. The most interesting ideas are developed into ‘micro-enterprises’, many of which scale fast using the Haier platform. A culture of innovation is being encouraged by rewarding autonomous decision-making, and mandating employee teams to find external partners to develop ideas.

Other organizations have focused on tactics such as random coffee trials, where people who have not met yet (at an acquired company, for example) are randomly paired up over lunch, as well as the removing of barriers to serendipity such as endless and often senseless meetings and memos.

All this reflects a world where uncertainty presents a challenge but also a potential opportunity. Instead of insulating themselves from it, the best organizations build an affinity for the unexpected and, in so doing, transform a threat into an opportunity. Digital tools – easier changed and adapted than physical structures – help accelerate this process.

In a world dominated by rigour and efficiency, overcoming the perception of serendipity as loss of managerial control, and seeing it rather as a sign of an open mind and a positive corporate culture, is crucial to avoid burying potentially serendipitous, valuable outcomes. In settings such as nuclear reactors, however, the usual caveats apply.

This is the first of a <a dir="ltr" href="https://www.weforum.org/agenda/2018/06/two-big-uncertainties-shaping-future">series </a>exploring the most important, yet uncertain, drivers shaping the future. It is curated by the World Economic Forum in collaboration with its <a dir="ltr" href="https://www.weforum.org/communities/expert-network">Expert Network </a>.

<a data-gtm-class="author" dir="ltr" href="https://www.weforum.org/agenda/authors/christian-busch-6fb12ed3-4fee-48df-a7d0-a614583f79ae">Christian Busch </a>, Director, CGA Global Economy Program, New York University, author of The Serendipity Mindset: The Art &amp; Science of Creating Good Luck

The views expressed in this article are those of the author alone and not the World Economic Forum.

Bite‑sized knowledge
to upgrade
your career

How to make serendipity happen in the workplace

Serendipity and being open to the unexpected

Develop the conditions for serendipity

How to be lucky | Psyche Guides

10 Proven Ways to Make Your Own Luck

How to Make Your Own Luck

Bite‑sized knowledgeto upgradeyour career

How to make serendipity happen in the workplace

Serendipity and being open to the unexpected

Develop the conditions for serendipity

How to be lucky | Psyche Guides

10 Proven Ways to Make Your Own Luck

How to Make Your Own Luck

Bite‑sized knowledge
to upgrade
your career