Named after the banking family in Florence, Medicis, who funded creators from a wide range of disciplines and together, they forged a new world based on new ideas – the Renaissance, “The Medici Effect” explores what the best chance to innovate is, how to create the Medici Effect, and how to make these new ideas happen. It is by far one of the most engaging non-fictions I have read. I seldom use “page turner” to describe a non-fiction and “The Medici Effect” is one. I finished reading the book on my way travelling from Singapore to Melbourne.
I can certainly relate to the book’s content. I have worked as a consultant in two of the biggest global firms and on one end of the spectrum, we put consultants of different disciplines – not only that but to exploit the strength of it, different cultural and social backgrounds, different experiences, and I have witnessed the explosion of creative ideas being realised. On the other end of the spectrum, I have seen a homogeneous group of consultants – even the subtle differences were not exploited – being put under a straight hierarchical order and focus is less on innovation. The key difference is one of these two global firms actively assembles a team of people with a wide range of disciplines and backgrounds and to provide them with an environment to innovate. How about at an individual level? Many creative ideas are realised by mainly one person. As an individual, it is how we broaden our horizon, having a core skill and proactively expand into different domains – doesn’t matter if they are related at all, and to be able to view the world in various perspectives that put us right at the “Intersection” where our best chance to create the Medici Effect is.
“The Medici Effect” has numerous citations (52 in total) from other famous non-fictions and sources and it is packed with entertaining and inspiring case studies. In “The Medici Effect”, the author pointed out that the quality of work has a direct correlation to the quantity of work. That is to say, the more we create, the better chance we are to create something good. However, having created a masterpiece does not mean that the next masterpiece is guaranteed. There is always an element of randomness. That is why some famous businessmen at times made the worst business decision, some great musicians release albums that may disappoint fans, and even great painters do have their bad days. The author continues to write about how to overcome some of these challenges.
By the way, I have come across a wonderful definition on creativity and innovation. Being creative is to be able to generate original ideas. New ideas that no one has thought about. To innovate is to be able to realise those creative ideas. That, is the difference.