Lateral Thinking Certificate (LTC-A) – Lesson #08 – TPF: Your Industry x10

If you’re interested in speed of thought, lateral thinking can be x10 faster than logical thinking and so the end point of lateral thinking can be value creation.

Bill Gates 1999 book, Business @ The Speed of Thought

But, what do we mean by ‘speed of thought’?

• Speed of thought is how lonG it takes you to change your mind. cvs2bvs.
Speed of thought is how long it takes you to escape from your current viewpoint. cvs2bvs.
Speed of thought is how long it takes you to stop defending your current viewpoint. cvs2bvs.
Speed of thought is how long it takes you to switch to a much better viewpoint. cvs2bvs.

The biggest roadbump to speed of thought is your fear of being wrong. The most common cause of cognitive inertia is mistake-phobia, the morbid fear of making a mistake. Excessive use of logic makes us fearful thinkers. Logic is a natural thinking style for humans because it is driven by the strong emotion of fear. The fear of mistakes. Western education has put too great an emphasis on logic, the kind of binary thinking focused on judgement of right vs wrong or good vs bad or black vs white etc etc.

At the level of human2human relationships, many causes of daily conflict often are exacerbated by binary I-am-right-and-you-are-wrong logic-style thinking. Our obsession with logic is bad philosophy. Our over-use of logic has made us very slow thinkers. Very fearful thinkers. Very aggressive thinkers.


The search for ‘better’

Especially in the business context. Most business thinking is far too slow and costly. Lateral thinking is a tool for speed of thought – for creating better solutions. Better strategies. Better opportunities. Better attitudes. Better timing. Better outcomes. Better returns. Better results. Better consequences, Better Futures, etc etc.

In the last lessons you considered TPFs for Your Job and Your Company. In this lesson consider a Three Possible Futures for Your Industry.

DFQ #08: Do a TPF for your industry?

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69 thoughts on “Lateral Thinking Certificate (LTC-A) – Lesson #08 – TPF: Your Industry x10

  1. 1. The same as we have now – a fragmented and non-standardized industry which doesn’t recycle effectively and efficiently leading to need to landfill or export potentially valuable materials
    2. A Design, use, collection reprocessing and demand system which works in harmony to recover and reprocess waste in the most efficient possible way, and draws the minimum possible cost from society, and create jobs within Australia using Australia waste resources to create recycled content for Australian use – extend this premise to a place where our recycling industry becomes so efficient, we demand scale, and import waste materials for reprocessing and develop a value added export market for recyclate!
    3. A system which is burdened by a high cost taxing or EPR system, which improves environmental outcomes, but at a cost which is wasteful in administration expense and creates imbalances in competition.

  2. 1. Fortifying businesses and individuals against likely future global events
    2. Health and care sector consultation
    3. Evidence based media representation

  3. In the future:
    1. There will be application of robotics, automatic control and artificial intelligence techniques at all levels of agricultural production. Smart devices connected to the Internet will control the farming system.
    2. Agricultural industries will be developed by the seashores to obtain scarce water supply which will almost vanish inland due to less rain and high temperature. Solar and wind powers will be used to run desalination plants to water vertical and integrated (fish, poultry and cropping) farming systems.
    3. Various food products (like artificial meat, milk, fish, egg etc.) will be manufactured in the factories for better economic return and to reduce environmental impacts.

  4. X10 agricultural productivity, sustainability and reduced environmental impact through investment in high-risk R&D projects that have tangible outcomes
    X10 freedom to operate for R&D and innovation
    X10 uptake and deployment of science and technology through improved access to IP

  5. 1. Field crop agriculture will be revolutionised with autonomous vehicles within the next ten years which will change the type of labour that is required on farm. Increasingly technological skills will be required.

    2. A research investment system that rewards risk taking will increase innovation. Currently a lot of research funding rewards mediocrity because it is easy to achieve on projects that are conservative.

    3. Increasing regulation on agro-chemicals will demand more innovative solutions for crop protection to replace their use in modern cropping systems.

  6. In Agriculture:
    1. Large rise in regional small “cottage” farm industry, due to affluence.
    2. Great increase in factory farming near cities – climate controlled vertical crops, cell-meat production.
    3. Drone and remote robot maintenance and harvesting for large crops and trees.

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