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Tag: 10X leaders

  • Is “Productive Paranoia” good for high performing organizations?

    The high performing 10X companies are ones who maintain hypervigilance in good times as well as bad.

    They are always on their toes wary of disruption and hence competing with themselves to be a better version everyday.

    These companies constantly consider the possibility that events could turn against them at any moment and hence to counter such unpredictability they are always better prepared.

    Such “Productive Paranoia” thus keeps a high performing 10X organization afloat to be better prepared in the “Infinite Game” of business.

    Adopted from Jim Collins’s book “Great By Choice” and Simon Sinek’s book “The Infinite Game”

  • “Progressive Insurance” – a first of its kind

    Progressive Insurance under the able 10X leadership of Peter Lewis became the first publicly held company to report underwriting results monthly.This was way back in 2001.

    This was not only against conventional wisdom , it was a step that went a long way in making “Progressive’s” reporting processes much more transparent to Wall Street investors.

    Please find below the link(source progressive.com)highlighting “Progressive Insurance’s” journey.

    https://www.progressive.com/about/history/

    Adopted from Jim Collin’s book titled “Great by Choice”

  • “Empiricism” over “Analysis” or vice versa?

    10X leaders are characterized by unique traits that enable them to stand tall when the chips are down.

    Following conventional wisdom when the tide is rough is not something that can help someone stand out of the rest of the pack.

    Hence 10X leaders be it Andy Grove of Intel or Ronald Amundsen who conquered South Pole , favor empiricism as the foundation for decisive actions.

    Had analysis based on conventional wisdom always worked , 10X leaders would not have stood out

    Adopted from Jim Collin’s book titled “Great By Choice”

  • “Avoiding conventional wisdom” during uncertain times

    Social psychology research dictates that during times of uncertainty we should look up to experts as to how to proceed in the best possible manner.

    The pattern of all 10X leaders be it Peter Lewis of Progressive Insurance , Herb Kelleher of SWA , suggests that during uncertain times they did not do what the pundits said.

    They primarily looked up to empirical evidence and faced the problems head on.

    This is what makes them different.

    Adopted from Jim Collin’s book titled “Great By Choice”