“A great leader does not only inspire us to have confidence in what they can do.A great leader inspires us to have confidence in what we can do.”
Adopted from Simon Sinek’s book titled “Together is Better”
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When can a group do remarkable things?
“The ability of a group of people to do remarkable things hinges on how well those people can pull together as a team”
Adopted from Simon Sinek’s book “Together is Better’
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MacroManager vs MicroManager
“Bad leaders care about who’s right.Good leaders care about what’s right.”
Adopted from Simon Sinek’s book titled “Together is Better”
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Approaching a problem statement with an open mind
“When we are closed to ideas , what we hear is criticism.When we are open to criticism what we get is advice.”
Adopted from Simon Sinek’s book “Together is Better”
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When members in a team feel safe , they deliver
“Leadership is not about being in charge.Leadership is about taking care of those in your charge”
Adopted from Simon Sinek’s book titled “Together is Better”
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Three factors influencing “Longevity” of a business
The three main factors ensuring the longevity of a business in the infinite game of business are:
1) Customer base
2) Imitability – The more difficult it is to imitate the more the longevity e.g. Ikea and Tetra Pack
3) Adaptability – The way the business responds to the changing needs of the environment with time
Adopted from Matt Watkinson’s book “The Grid”
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Three factors impacting profitability
The three factors are:
1) Revenues from customers
2) Cost incurred by the business in producing the product
3) Third abd most important the “Bargaining Power” of the business with suppliers and customers
Adopted from Matt Watkinson’s book “The Grid”
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Factors influencing Desirability of a product
The three factors that impact desirability of a product are:
1) Wants and needs of the customer
2) Rivalry in the market with competing products
3) The product offerings an organization creates aligned with the customer wants and needs
Adopted from Matt Watkinson’s book “The Grid”
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Three Goals Of any business
The three goals for any business are:
1) Desirability – The desire of people for the product offered by the business
2) Profitability – The profit margin would help the organization to sustain
3) Longevity – The business should remain profitable in the long run
Adopted from the book titled “Grid” by Matt Watkinson
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Why hyper vigilance is needed in an infinite game?
An infinite game player exhibits “Productive Paranoia” to stay hyper vigilant even when the situation seems rosy red.
Failing to stay hyper vigilant by zooming in and out to disruption can land up a player into extinction in the near future.
Kodak Camera failed to understand the disruption of the digital camera.
MySpace failed to preempt Facebook.
There are numerous such examples where a once successful player went into extinction for not being able to preempt the future led by disruption.
Adopted from Simon Sinek’s book The Infinite Game and Jim Collins’s book Great By Choice