Archive | January 5, 2009

The Secret to Consistent Success – Part 3: Adaptation and Innovation

success3

As you learned in the first two parts of this series on success, my first Independent Study Project (ISP) for my gifted program was on the Brain and Nervous System, and I was able to achieve success by mimicking a technique I had observed from older students. However, the following year in Grade 6, every other student started creating board games to achieve their synthesis objective. If I used the board game idea again, that aspect of my project would be no different from anyone else’s.

Mimicking Can Lead to Saturation

Essentially, what we saw from then on out for the next few years was a saturation of board games at the annual ISP show case. Instead of being something new and cool to check out, it became almost expected – in a way, it became almost standard to have one.

The problem with this type of saturation is that the value for going this route decreases. There is nothing special about a product that is being made everywhere and by everyone. In the same way, once everyone started churning out board games to achieve the synthesis objective, the impressiveness of a board game I produced would decrease relative to its value the year before – when I was the only student who made one in my class.

We can see this type of situation developing all the time. Take any great product that’s the first of its kind in the market. Demand will be super high and supply will be low because only one company is making it – as a result, the value of the product is high. Conversely, once competitors enter the market with similar products, the value of each of these products decreases because the supply has increased. Eventually, the market becomes saturated with similar products.

In Grade 6, I decided to do my project on Flying Machines – essentially looking at the development of aircrafts through history and how they functioned. But once I realized that the ISP showcase would be saturated with board games, I decided to completely avoid that route and look for a new cool idea.

PowerPoint

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