Monday, November 07, 2011


Here is an interesting HBR blog on managing luck. The premise of this blog entry is that everyone has 'good' as well as 'bad' luck almost equally. But, what sets winners apart from also-rans is the Return on Luck. What you do with an opportunity (good luck) that is presented to you defines how lucky you are.

Morten lays out 4 simple steps to managing luck:
1. View life as a flow of luck events
2. Prepare for bad-luck events
3. Spot good-luck events when they come
4. Execute brilliantly on good-luck events

These steps will allow you to maximize your ROL.