The Roger Bannister Effect
For a very long time, people thought it was impossible to run a mile under four minutes. Many got close, but no one could break the four minutes until 1954 when Roger Bannister clocked in at 3 minutes 59.4 seconds.
Once someone had broken the four minute milestone (excuse the pun), the floodgates opened. Bannisterâs own record was broken again within only two months of him breaking four minutes. Within five years it was broken again twice.
When you think about it, so many people break such records all the time, but this goes way beyond sport, it goes for business and it goes for life.
When the first person breaks a record like Bannister did, they really break a psychological barrier. When someone goes way beyond themselves and achieve such amazing feats like Bannister did, this paves the way for the rest of us to follow.
The next generation often are oblivious to the fact that there was a psychological barrier blocking progress in the first place.
Building Something New is easier than Changing Something Old
So many companies are on the brink of extinction. The worse thing is that they know they are. Even with this, institutionalised by bureacracy, politics and nest feathering in order to maintain the status quo and safeguard their positions in the organisation they block change and they block innovators and change agents.
The worst of them do this in full knowledge that they will sink their own ship and sometimes contribute to sinking entire industries.
Imagine being a leader and landing in a company like this? Imagine having to instigate change. Before you even look at innovation or tomorrow, you will need to sort out yesterday and get the company up to date with today.
This is not uncommon in most major organisations the globe over. The people and practices who got these companies to where they are today, most definitely will not get them to where they need to be tomorrow.
This is a much harder task than starting from scratch, at least starting from scratch you can hire for today for the skills and mindsets needed to succeed today.
In essence, unlearning is harder than learning anew and getting people to change mindset is the biggest challenge.
As John Maynard Keynes said âThe difficulty lies not so much in developing new ideas as in escaping from old onesâ.
The First Guy Through the Wall Always Gets Bloody
âI know youâve taken it in the teeth out there, but the first guy through the wallâââhe always gets bloody. Always. Itâs the threat of not just the way of doing business, but in their minds, itâs threatening the game. But really what itâs threatening is their livelihoods.Itâs threatening their jobs. Itâs threatening the way that they do things. And every time that happens, whether itâs the government or a way of doing business or whatever it is, the people who are holding the reinsâââhave their hands on the switchâââthey go batshit crazy. Anyone who is not tearing their team right now and rebuilding it, using your model, theyâre dinosaursââââBoston Red Sox owner John Henry from the movie Moneyball.
The quote above is from the highly recommended movie âMoneyballâ about Oakland Athletics manager Billy Beane. It is based on the book âMoneyball: The Art of Winning an Unfair Gameâ, by the brilliant Michael Lewis.
I love this (almost entirely) true story. The reason I love it is that it exposes the real issues blocking business transformation and even industry transformation. The fact that it is told through sport is often overlooked.
*Spoiler alert*
We follow Beane as he experiences the biggest opponents from within the organisation. Opposition to his disruption comes from board members, team selectors, fair weather fans and even the team coach. This is a lonely place to initiate change from and the journey can appear immense.
Add in some more obstacles like Beaneâs tiny comparative budgets and a slew of prima donna players.
âWorldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.ââââJohn Maynard Keynes (again)
What did Beane do?
Beane realised that competing on the same terms as everyone else was not going to get the Aâs anywhere. Beane made this choice, he adopted a method called sabermetrics and used statistical data analysis to evaluate and compare the true performance of individual players. This meant that the players who usually made teams win in a traditional sense would not be the types of players Beane would need.
Systematically he sold off players who did not fit the new model. He did this in face of huge adversity and sabotage. Sabotage came from people who had failed, but failed conventionally (to Maynard Keynes point above).
I am not going to go any further, watch the film and if you have already watched it, watch it and replace the Oakland Aâs with a business organisation, replace the players with workers, a board is a board, but if you are a leader of a company, which needs to change, replace yourself with Beane.
It is only when you do this you really see what a true disruptor does and also what she can achieve.
The early bird may catch the worm, but the second mouse gets the cheese
When we see innovators like Beane succeed, it is so important to celebrate them. Oftentimes such mavericks, such disruptive leaders get disillusioned and leave companies they wanted to guide into tomorrow.
Not all stories are as successful as Beane and as the Red Sox owner told Beane, the first one through the wall always gets bloody, so instead of building barriers for these people in companies, letâs pave the way.
On this weekâs innovation show we talk to 2 such mavericks.
We talk to pioneer of new forms of media, CEO and founder of the Third Space Agency Andrew Melchior. After a childhood filled with the wonders of building televisions, radios and (primitive) synthesisers with his time served electronics engineer grandfather (ex Royal Corps of Signals), Andrew embarked on a journey to use his passion for electronics, music and art to visualise and create new forms of media. After a passage as Digital Tribal Chief with Magic Leap and a long standing career in music with EMI he now works across multimedia, connecting researchers, inventors, engineers, performers and dynamic digital companies to bring about the âadjacent possibleâ.
Check out his project Bjork Digital
We speak to CEO and founder of www.opening.io Andreea Wade. Like Andrew she has a diverse background steeped in coding, design, journalism, event organising, advertising, marketing and product management.
Andreea and opening.io are in the space of Recruitment intelligence, automatically matching talent with job openings. Opening.io uses linguistics algorithms to identify patterns within the structure and phrasing of job posts and CVs, converting them into data points to match candidates to suitable jobs. In short, they built a CV recommender engine.
The show is broadcast on RTĂ Radio 1 extra 3 times weekly and on iTunes, TuneIn and and Google play. Website is here and below is Soundcloud.