What if luck is not random, but designed?
In this episode of Leveraging Thought Leadership, Peter Winick sits down with Judd Kessler, Wharton professor and author of "Lucky by Design: The Hidden Economics You Need to Get More of What You Want."
Judd's work brings market design out of the academic journal and into daily life. He studies the hidden systems that determine who gets access, who gets opportunity, and who gets left waiting.
These systems are everywhere. School programs. Job assignments. Consulting projects. Ticketing platforms. Government services. Nonprofit resources. Even your own time and attention.
Judd's thought leadership gives leaders a new lens. First, see the market. Then understand the rules. Then decide whether those rules are helping or hurting the outcomes you want.
For organizations, this is not theoretical. Poorly designed internal markets create frustration, waste, and inequity. Better rules can improve allocation, retention, performance, and trust.
Peter and Judd explore how a book can move academic insight into practical use. They also dig into the harder work after publication: building an audience, entering the cultural conversation, and turning expertise into influence.
This conversation is a sharp look at how thought leadership scales when it makes invisible systems visible. And when it gives people the tools to redesign them.
Three Key Takeaways:
• See the hidden market. Many opportunities are shaped by invisible systems, from school programs and job assignments to access, attention, and scarce resources.
• Design better rules. Poorly built systems create frustration, waste, and unfairness. Better rules lead to smarter outcomes.
• Make ideas practical. Strong thought leadership turns complex concepts into tools people and organizations can actually use.
If this conversation made you think differently about the hidden rules that shape behavior, go back and listen to our episode with Luke Battye.
Both episodes explore how people make decisions inside systems they often do not see. Judd Kessler looks at hidden markets, scarcity, and the rules that determine who gets what. Luke Battye looks at behavior change, design thinking, and how small shifts in context can change what people do next.
Together, these episodes give you a sharper lens for understanding systems, incentives, and behavior. You'll walk away with practical ways to design better outcomes for customers, teams, and organizations.