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A Simple Solution to Unlocking Value

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A Simple Solution to Unlocking Value

 

Jared Simmons explains why simplifying assumptions could be the key to unlocking value faster and freeing up your knowledge workers to innovate.

I learned the power of simplifying assumptions early in my career. As an engineering student, I watched my professors fill boards with Greek letters and symbols, exponents and integrals, constants and variables. Then, in the last 10 minutes of class we worked a real problem together. The first step of solving the real problem was always to use the context of the problem to apply simplifying assumptions to the theoretical equation. Things like material composition, physical location, and scale let us whittle that complex equation down to a more manageable size. Essentially, they allowed us to build real, specific things based on universal theories. Because we understood the theory behind it, we could quickly identify the right simplifying assumptions for each new practical application. An hour in understanding, 10 minutes in practical application.

 

The two main points discussed in this article are:

  • Barriers to applying simplifying assumptions at work
  • Why simplification matters

 

Read the full article, The power of simplifying assumptions, on the Outlast website.