NYC Library Does the Unthinkable

 

Library

 

I loved this story in the NYT about the seemingly absurd, counterintuitive approach the New York Public Library took to recovering long overdue books. Starting in October of last year, the library eliminated late fees. The result has been a deluge of long lost books pouring back, from as far back as 1965. Moreover, the initiative also caused a 9-15% increase in visitors to libraries across the city. NYPL’s President (and former President of my alma mater Amherst College) Tony Marx observed: "We're not in the fine-collecting business. We’re in the encouraging-to-read-and-learn business."

 

The library’s initiative is a great illustration of challenging conventional wisdom, as well as the core Slingshot principal of turning customer pain point into point of infatuation. Rather than continuing to increase fines for tardy book returns (traditional pain point), it liberated customers from the burden and stigma, and in the process transformed customer resentment into relief, joy and renewed enthusiasm for reading.

 

Takeaway question: How can YOU defy conventional wisdom in a way that transforms a pain point into infatuation for your customers?

 

https://www.nytimes.com/2022/03/31/nyregion/nyc-library-fines-books-returned.html

 

#creativity #leadership #unconventionalwisdom #innovation #customerexperience

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