deepstash

Beta

The Most Valuable Skill In Difficult Times Is Lateral Thinking—Here’s How To Do It

Deepstash brings you key ideas from the most inspiring articles like this one:

Read more efficiently

Save what inspires you

Remember anything

https://www.forbes.com/sites/phillewis1/2020/03/20/the-most-valuable-skill-in-difficult-times-is-lateral-thinking-heres-how-to-do-it/#43da184157a9

forbes.com

The Most Valuable Skill In Difficult Times Is Lateral Thinking—Here’s How To Do It
With the right techniques, you can be more resourceful than you ever imagined—and achieve transformational impact.

6

Key Ideas

Save all ideas

Lateral thinking

Lateral thinking

Lateral thinking refers to a person's capacity to address problems by developing original answers to difficult questions.

This is the essence of creativity. All organiz...

450 SAVES


The value of lateral thinking

Lateral thinking can bear huge dividends in certain parts of a business.

  • In finance, there are seldom new approaches to fundraising being considered as part of business continuity p...

381 SAVES


Pick a transitional object for inspiration

A transitional object is someone or something with certain characteristics or qualities you can use as inspiration for new ideas.

For example, "What would Bruce Lee do?" He ta...

429 SAVES


Consider the incorrect answer

To challenge traditional thinking, ask, "what's the one thing we absolutely should not do in this situation?" and then consider it as an advisable course of action.

441 SAVES


Challenge your organization's received lnowledge

Most strategies and tactics involve doing more things in ever-shorter time. It reduces the impact while burning people out.

To stimulate new thinking, ask, "what would happen if we...

375 SAVES


Reframe your business plot

All narratives are about a very small number of basic plots, namely: Quest, voyage and return, rebirth, comedy, tragedy, overcoming the monster, rags to riches. And they apply to more than just fic...

370 SAVES


SIMILAR ARTICLES & IDEAS:

Traditional vs Lateral Thinking

  • Traditional thinking: is vertical and the process flows in a logical manner toward a conclusion, based on available information.
  • Lateral thinking: is horizontal and the p...

2 Stages of Thinking

  1. The perceived stage, where the brain focuses on identifying a certain pattern (a way in which the brain frames the environment).
  2. The second stage uses that pattern and builds upon it to reach a conclusion. 

But to get better at identifying patterns and prevent errors in the first stage, we need to develop our lateral thinking.

Learning to Think Laterally

  • Be aware of how your brain processes information and how it identifies patterns.
  • Don't shut out all the outside stimuli and allow some form of randomness into your day. This could expose you to new insights.
  • Consider alternative approaches and solutions to problems, even if you think you found the apparently suitable one.
  • Deliberately alternate available options (do the opposite of an implied direction, reverse processes, etc.) This could expose you to new insights and tools to create solutions with.

Inability to distinguish

We tend to assume that confident people have more potential for leadership. 

However, there is little overlap between how good people think they are at something, and how good the...

Charismatic individuals

We seem to want leaders who are charming and entertaining, but a stand-up comedian is not the same as an effective leader.

The best leaders are humble rather than charismatic, to the point of being boring.

Narcissistic individuals

We've always admired famous people, but our admiration for people who admire themselves is on the rise. But true leaders keep their narcissism in check.

Popular advice focuses on loving yourself above all else. And this creates leaders who are unaware of their limitations. They see leadership as an entitlement. 

one more idea

Seven universal plots

Seven universal plots

There are only seven plots that are so fundamental to the way we tell stories that every storyteller uses one of them: Overcoming Monsters, Rags to Riches, The Quest, Voyage and Return Rebirth,...

Economic history

Looking for a few universal plot patterns reveals things fundamental to how all people think, which are likely to be repeated in the future and relevant to your own situation. This idea also applies to how the economy works.

Economic history can seem complicated because it's part of politics, psychology, sociology, criminology, biology, military, technology, education, finance, etc. But within all that complexity is a lot of similarities.

The lens to look through

  • People seem to want the same economic things – security, power, admiration, fulfillment.
  • They tend to use the same tactics to acquire those things - work, risk, incentives, persuasion, theft, control.
  • They tend to fall for the same flaws pursuing those things - overconfidence, pessimism, underestimating how fast things can change, etc.

Although economic history may seem complicated, there are only a small number of broad story plots throughout the world and throughout time.

8 more ideas