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2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Seizing Novel Opportunities
Like a Prince of Serendip
Being Serendipitous
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Navigate sentimentally into the changing winds
With a “mindful Heart”
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
A 'silly’ Fairy Tale?
- Have you seen my camel?
- Blind in the right eye?
- Lacks a tooth?
- Lame and crippling?
- Carrying butter on one side?
- And honey on the other side?
- Yes! Yes!! Yes!!! Where is she?
- What have you done to her?
Emperor Behram of Serendip sends his three sons
(three princes) traveling to discover the world.
Along the way, they meet a camel driver.
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
A 'silly’ Fairy Tale? Not at all
Camel driver takes them to Court and Emperor to judge
After providing explanations, they get acquitted
- Grass cropped only on left side of road
- Blind in the right eye?
- Bits of chewed grass scattered across the road
- Lacks a tooth?
- Footprints of one foot dragging
- Lame and crippling?
- Ants on one side of road
- Carrying butter on one side?
- Flies on the other side of the road
- And honey on the other side?
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Serendipity: Accidents & Sagacity
Ideas
Objects
Intuitions
Knowledge
fragments
Experience
Expertise
Craftsmanship
ACCIDENTS
Multiple
Encounters
SAGACITY
Creative
Act
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Known Serendipitous Discoveries
- Forgot one of the petri dishes on the shelf
- mold contaminated the bacteria he was studying
- Realized that the mold killed the bacteria
- Understood he had stumbled into a breakthrough – new antibiotic
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Known Serendipitous Discoveries
Minoxidil
Developed to treat high-blood pressure,
but prescribed against hair loss.
Aspirin
Intended as an anti-inflammatory but
widely used as a preventative measure
against heart attacks
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Known Serendipitous Discoveries – Guess!
Originally patented (in 1886)
for medicinal purposes, as a
nerve and tonic stimulant,
and a cure for headaches.
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Known Serendipitous Discoveries – Guess!
Mid-eighties
• Pfizer begins a research program into angina
• (disabling heart condition from insufficient supply of oxygen to heart)
• An active chemical compound was isolated (sildenafil citrate)
• Commenced clinical trials and trial results proved disappointing
• But, some ‘accidental’ side effects in toxicity trials
• So, Pfizer decided to commit another $340 million to the project
• Repeating Phase II clinical trials using impotent men as a target group
• The drug’s effectiveness was, this time, beyond doubt.
• The Food and Drug Administration approved ___ in March 1998.
• Net present value over $6 billion
• What was the Drug? Guess!
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Process of Serendipity by Lawley &Tompkins (2008)
Serendipity: How It Works
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
Serendipity: How It Works
Search
ContingencyPrior
Knowledge
Serendipitous
Discovery
Serendipity in Opportunity Discovery (Dew, 2009)
Systematic
Exploration
Pre-Discovery
Spontaneous
Recognition
2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine
1 Searching for Differentiation,
but gaining Certification
2 Probing for Renewal & Recertification,
but ending Serving
3 Solely Serving,
but also receiving Leads
4 Attending Conferences,
but also invited for Speaking
5 Speaking at Conferences,
but also invited for Training
Professional Serendipity Cases in Point
A Landscape of Serendipitous Potential

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Seizing Novel Opportunities

  • 1. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Seizing Novel Opportunities Like a Prince of Serendip Being Serendipitous
  • 2. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Navigate sentimentally into the changing winds With a “mindful Heart”
  • 3. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine A 'silly’ Fairy Tale? - Have you seen my camel? - Blind in the right eye? - Lacks a tooth? - Lame and crippling? - Carrying butter on one side? - And honey on the other side? - Yes! Yes!! Yes!!! Where is she? - What have you done to her? Emperor Behram of Serendip sends his three sons (three princes) traveling to discover the world. Along the way, they meet a camel driver.
  • 4. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine A 'silly’ Fairy Tale? Not at all Camel driver takes them to Court and Emperor to judge After providing explanations, they get acquitted - Grass cropped only on left side of road - Blind in the right eye? - Bits of chewed grass scattered across the road - Lacks a tooth? - Footprints of one foot dragging - Lame and crippling? - Ants on one side of road - Carrying butter on one side? - Flies on the other side of the road - And honey on the other side?
  • 5. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Serendipity: Accidents & Sagacity Ideas Objects Intuitions Knowledge fragments Experience Expertise Craftsmanship ACCIDENTS Multiple Encounters SAGACITY Creative Act
  • 6. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Known Serendipitous Discoveries - Forgot one of the petri dishes on the shelf - mold contaminated the bacteria he was studying - Realized that the mold killed the bacteria - Understood he had stumbled into a breakthrough – new antibiotic
  • 7. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Known Serendipitous Discoveries Minoxidil Developed to treat high-blood pressure, but prescribed against hair loss. Aspirin Intended as an anti-inflammatory but widely used as a preventative measure against heart attacks
  • 8. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Known Serendipitous Discoveries – Guess! Originally patented (in 1886) for medicinal purposes, as a nerve and tonic stimulant, and a cure for headaches.
  • 9. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Known Serendipitous Discoveries – Guess! Mid-eighties • Pfizer begins a research program into angina • (disabling heart condition from insufficient supply of oxygen to heart) • An active chemical compound was isolated (sildenafil citrate) • Commenced clinical trials and trial results proved disappointing • But, some ‘accidental’ side effects in toxicity trials • So, Pfizer decided to commit another $340 million to the project • Repeating Phase II clinical trials using impotent men as a target group • The drug’s effectiveness was, this time, beyond doubt. • The Food and Drug Administration approved ___ in March 1998. • Net present value over $6 billion • What was the Drug? Guess!
  • 10. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Process of Serendipity by Lawley &Tompkins (2008) Serendipity: How It Works
  • 11. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine Serendipity: How It Works Search ContingencyPrior Knowledge Serendipitous Discovery Serendipity in Opportunity Discovery (Dew, 2009) Systematic Exploration Pre-Discovery Spontaneous Recognition
  • 12. 2014 National AMCOR-EBRD Conference, Bucharest, RomaniaJune 2nd 2015 Conference Speech “Your Ithaca”, Kiev, Ukraine 1 Searching for Differentiation, but gaining Certification 2 Probing for Renewal & Recertification, but ending Serving 3 Solely Serving, but also receiving Leads 4 Attending Conferences, but also invited for Speaking 5 Speaking at Conferences, but also invited for Training Professional Serendipity Cases in Point A Landscape of Serendipitous Potential