Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“When you marry operating excellence with innovation, you multiply the value of your creativity.”
Tag: Great By Choice
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A “20 Mile March” has these 7 characteristics
Adopted from the following great insight shared by Jim Collins from the book Great by Choice mentions the following 7 key characteristics of a steady 20 Mile March adopted by Great companies consistently during thick and thin times to remain afloat
1) Clear Performance Markers
2) Self imposed constraints
3) Specific to the enterprise
4) Within the company’s control
5) A properly planned timeframe, not too aggressive
6) Imposed by the company
7) Achieved with high consistency
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These are the three components of 10X leadership
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
High performance 10X leadership comprises of the following three components:
1) Fanatic Discipline
2) Empirical Creativity
3) Productive Paranoia
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When faced with adversity adopting this mindset indeed helps
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“Accomplishing a 20 Mile March, consistently, in good times and bad, builds confidence. Tangible achievement in the face of adversity reinforces the 10X perspective: we are ultimately responsible for improving performance. We never blame circumstance; we never blame the environment.”
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When faced with CHANGE we should not obsess with just the implementation, this is why
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“Far more difficult than implementing change is figuring out what works, understanding why it works, grasping when to change, and knowing when not to.”
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This is why “20 Mile Marchers” consistently win
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“WHY 20 MILE MARCHERS WIN 20 Mile Marching helps turn the odds in your favor for three reasons: 1. It builds confidence in your ability to perform well in adverse circumstances. 2. It reduces the likelihood of catastrophe when you’re hit by turbulent disruption. 3. It helps you exert self-control in an out-of-control environment.”
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The importance of operating within the bounds of a “20 Mile March”
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“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. ”
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This is when the value of creativity multiplies manifold
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“When you marry operating excellence with innovation, you multiply the value of your creativity.”
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Great 10X leaders have mastered the art of marrying these two skills
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“The difficult task is to marry relentless discipline with creativity, neither letting discipline inhibit creativity nor letting creativity erode discipline.”
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This is what DISCIPLINE means to a 10X leader
Adopted from the following great insight shared by Jim Collins from the book Great by Choice
“Discipline, in essence, is consistency of action—consistency with values, consistency with long-term goals, consistency with performance standards, consistency of method, consistency over time. Discipline is not the same as regimentation. Discipline is not the same as measurement. Discipline is not the same as hierarchical obedience or adherence to bureaucratic rules. True discipline requires the independence of mind to reject pressures to conform in ways incompatible with values, performance standards, and long-term aspirations. For a 10Xer, the only legitimate form of discipline is self-discipline, having the inner will to do whatever it takes to create a great outcome, no matter how difficult.”