by Jim Collins, Morten T. Hansen
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"When you marry operating excellence with innovation, you multiply the value of your creativity."
Best leaders (10X) do not predict the future
The key qualities are -
"Freely chosen, discipline is absolute freedom."
Shows regularity of action; rejects pressure to conform in ways incompatible with values, performance standards, and long-term aspirations
He was consistent. He didn’t march 40 miles on good days, nor zero on bad days.
10Xers make incremental progress year after year by consistently hitting specified performance markers.
“If you want to achieve consistent performance, you need both parts of a 20 Mile March: a lower bound and an upper bound, a hurdle that you jump over and a ceiling that you will not rise above, the ambition to achieve and the self-control to hold back. ”
During times of uncertainty, look at the empirical evidence, not to other people; rely on direct observation and practical experimentation and build a deeper empirical foundation for decisions and actions.
Don't let discipline inhibit creativity or creativity to erode discipline.
"Go slow when you can, fast when you must."
10X winners always assume that conditions can change, violently and fast.
1. Extra oxygen canisters (big margins of safety in cash reserves)
2. Bounding risk
3. Zoom out, then zoom in
Create and use a SMaC recipe to execute your strategy: Specific, Methodical, and Consistent.
“The environment doesn’t determine why some companies thrive in chaos and why others don’t. People do.”
Who luck (the luck of finding the right mentor, partner, teammate, leader, friend) is one of the most important types of luck.
The real difference between the 10X and comparison cases was ROL (Return on Luck).
Try to channel the ego and intensity into something larger and more enduring than yourself - focus on your cause, your company, your work; Choose goals by impact, contribution, and purpose if you want to attract others to help.
reading habits, gather your
remember what you readand stay ahead of the crowd!
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A chemistry student just trying to create an equilibrium between study and happiness.
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