January 20, 2008

Adversity Breeds Creativity

We are at our creative best in adverse situations. Each one of us is very capable of finding innovative solutions to face any challenge that life throws at us.

In adverse situations we are under pressure to change something in our lives that is not working. We are forced to look at ways in which we can overcome adversity. Adversity puts a strong demand on us to innovate for survival. It forces us to be different than what we have been being. Some of the most successful people and businesses that the world has seen have grown out of adversity.

Wal-Mart is one of the best examples of how adversity can force you to innovate. Wal-Mart started operations in isolated Bentonville in Arkansas. They did not have any advantage over their competitors in terms of location, resources, manpower or suppliers. The only way they could compete was on the basis of lowest prices to customers. To achieve this objective, the entire organisation got creative around reducing cost and increasing efficiencies. So much so that, today, Wal-Mart is the largest retailer in the world with the lowest cost structure and the most efficient supply chain. Some of their methods are highly criticized, and rightly so. However, it does not change the fact that their innovations in reducing cost and increasing efficiencies has revolutionized the global economy.

If you are faced with an adverse situation, be creative.

1 comment:

j said...

I agree that adversity really does breed creativity. You write about some very effective topics - maybe you would like to link to my blog, Something is Wrong? I'll return the favour :)

Keep up the great job, I love this blog.

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