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DEVELOPING NEW BUSINESS IDEAS138

             could usefully apply that to Y.’ The exploration of the similarities can
             be a tremendous spur to generating ideas and to finding pre-existing
             solutions which have been created in other areas.

             Once you have spotted a really good analogy, you often wonder how
             you missed it in the first place. You can take heart from the fact that
             steam engines had been used in mines for 75 years before Robert Fulton
             and others saw the analogy between their usage underground and as a
             means to propel boats. From this perception, they developed the first
             commercial steamboat.

          ‘a minor invention every ten days’ Thomas Edison is generally

             credited with founding the original ideas factory, precursor to such
             organisations as IDEO. A feature of many inventions created at Edison’s
             Menlo Park Research and Development base in New Jersey was that they
             used old materials, ideas or objects in new ways. The record player, for
             example, drew on analogies with existing technology in the fields of
             telephones, electric motors and telegraphs. The power of this technique
             among others allowed Edison to deliver on his promise of a ‘minor
             invention every ten days and a big thing every six months or so’.107

          applying old ideas to solve new problems Analogies represent a

             powerful way of achieving different perspectives either on an overall
             opportunity or problem or on sub-systems or processes within them.
             Analogies can help you break away from your conventional routines, self-
             imposed constraints and ‘mental stuckness’. Analogies can create links
             between opportunities in one type of business or area of activity and a
             proven solution in another. Analogical thinking allows old ideas to
             become effective solutions to new problems.

analogies can help you break away from
your conventional routines, self-imposed
constraints and ‘mental stuckness’

             Analogies can help in every area of life. A famous (and very thin) actor
             playing Shakespeare’s larger-than-life character Falstaff observed that
             his infant son waddled in exactly the fashion that the actor wanted
             Falstaff to move. Realising that wearing nappies gave his son no option
             but to waddle, the actor bound his own legs in bulky cloth before each
             performance in order to achieve the Falstaff swagger.
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