Tag: 10X organizations
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What is meant by “Fire Bullets then Cannonball” approach?
“Fire Bullets then Cannonball” is an approach adopted by high performing 10X organizations to validate scale up options , as mentioned by Jim Collins in his book Great by Choice.. A bullet is a low-cost, low-risk, and low-distraction experiment that helps to empirically validate what works (and what doesn’t). Based on the outcomes of that,…
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10X organizations and their Fanatic Discipline
10X organizations known as 10Xers in Jim Collins’s book Great by Choice are consistently high performing companies who are extremely consistent in action, adhering to strict values, goals, performance standards and methods. They are relentless, monomaniacal and unyielding in focusing on their quests. Such organizations exhibit Fanatic Discipline leading to what is called the 20…
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“Slow and steady” in business as well wins the race
10X or high performing companies as analyzed by Jim Collins in “Great By Choice” exhibit one very surprising pattern They have pegged their targets to a ceiling while at the same time earmarking a level beyond which it should never fall down. It is like playing an infinite game of business with discipline to fight…
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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…