Great by Choice - Deepstash
Jim Collins

"When you marry operating excellence with innovation, you multiply the value of your creativity."

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Great by Choice

Great by Choice

by Jim Collins, Morten T. Hansen

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  1. Preparation keeps companies alive when the unknown creeps into our lives.
  2. The businesses that will make it through tough times look at the facts and prepare with a wor...

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Qualities of a 10X leader

Best leaders (10X) do not predict the future

  • They observe what worked and why that didn't and build their company around those foundations
  • They are Not more risk-taking, bold, or...

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Jim Collins

"Freely chosen, discipline is absolute freedom."

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Shows regularity of action; rejects pressure to conform in ways incompatible with values, performance standards, and long-term aspirations

  • 20-Mile March: The first man t...

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Jim Collins

“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...

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#2 Empirical Creativity

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 decisi...

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Jim Collins

"Go slow when you can, fast when you must."

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#3 Productive Paranoia: Leading Above the Death Line

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

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Create and use a SMaC recipe to execute your strategy: Specific, Methodical, and Consistent.

  • Operating instructions - includes both Dos and Don'ts

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The Role of Luck:

“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, le...

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#4 Level 5 Ambition

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 ...

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