While it’s natural to try to learn from success, it can provide a skewed outlook. We need to understand survivorship bias to make better decisions. Survivorship bias happens when we base our understanding only on the experiences of those who succeed or are highlighted in some way, and do not take into account others who…
We sensationalize innovation as moments of eureka leading to novel ideas but most innovation comes from exploring the adjacent possible. The concept of the adjacent possible originates from Stuart Kauffman’ work on biological evolution. Kauffman’s theory is biological systems morph into more complex systems by taking small, incremental steps rather than extreme jumps or more…