Excellence at performing COMPLEX TASKS requires a MINIMUM level of PRACTICE. The magic number for TRUE EXPERTISE to be acquired in order to perform COMPLEX TASKS, is taken as TEN THOUSAND HOURS. This golden rule known as the 10,000 HOUR rule finds a mention in numerous best sellers like So Good They Can’t ignore You by Cal Newport and Outliers by Malcolm Gladwell.
Tag: Life lessons
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How do GREAT LEADERS channelize their EGO?
The following great quote of Jim Collins from Good to Great illuminates us on the fact that even though great leaders may have ego they channelize their ego in the right direction keeping in mind a larger objective.
“Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious–but their ambition is first and foremost for the institution, not themselves.”
Adopted from Jim Collins’s book Good to GreatThis leadership masterclass proves beyond doubt that intentions make or break great leaders.
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Troubled by BUREAUCRACY? Watch out for these worrying signs.
The following insight shared by Jim Collins mentions the sole reason for existence of BUREAUCRACY in a a workplace..
“The purpose of bureaucracy is to compensate for incompetence and lack of discipline–a problem that largely goes away if you have the right people in the first place.”
Adopted from Jim Collins’s great quotesWatching out for these signs can help us stay away from such workplaces..
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Is the “20 Mile March” just a philosophy?
The following insight shared by Jim Collins in his book good to Great illuminates us on the traits of a 20 MILE MARCH which is religiously practiced by top performers to achieve consistently great results.
The 20 Mile March is more than a philosophy. It’s about having concrete, clear, intelligent, and rigorously pursued performance mechanisms that keep you on track. The 20 Mile March creates two types of self-imposed discomfort: (1) the discomfort of unwavering commitment to high performance in difficult conditions, and (2) the discomfort of holding back in good conditions.
Adopted from Jim Collins’s book Good to GreatThus 20 mile March is more than a philosophy that reminds us that for achieving great results we need to consistently push ourselves to move out of our comfort zones, day in and day out.
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Why “FIRE BULLETS THEN CANNONBALLS” guarantees long term SUCCESS?
The following insight adopted from Jim Collins’s book Great by Choice shows why taking small bets is the preferred approach to achieve long term success by building on the small bets and taking a big bang approach after the small bets succeed. This is a proven methodology based on research done by Jim Collins for all 10X companies led by 10X leaders.
Fire Bullets, Then Cannonballs: A bullet is an empirical test aimed at learning what works and that meets three criteria: a bullet must be low cost, low risk, and low distraction.10Xers use bullets to empirically validate what will actually work. Based on those empirical validation, they then concentrate their resources to fire a cannonball, enabling large returns from concentrated bets.
Adopted from Jim Collins’s book Great by Choice -
The BIGGEST PROOF of a HIRING MISTAKE..
The following insight shared by Jim Collins is a masterstroke and illuminates us on the reason why underperformers are hired in any organization.
“The moment you feel the need to tightly manage someone, you’ve made a hiring mistake. The best people don’t need to be managed. Guided, taught, led–yes. But not tightly managed.”
Adopted from Jim Collins’s great quotesThus having a robust hiring strategy in place will ensure minimizing hiring surprises and hence underperformers in an organization.
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Why BEST FRIENDS end up as CO-FOUNDERS?
The book Good to Great, by Jim Collins illuminates us on the need of having best friends in life to make our lives a better and fulfilling place.
“For no matter what we achieve, if we don’t spend the vast majority of our time with people we love and respect, we cannot possibly have a great life. But if we spend the vast majority of our time with people we love and respect – people we really enjoy being on the bus with and who will never disappoint us – then we will almost certainly have a great life, no matter where the bus goes. The people we interviewed from the good-to-great companies clearly loved what they did, largely because they loved who they did it with.”
Adopted from Jim Collins’s book Good to GreatThis is precisely the reason as to why great organizations like Apple, Microsoft have been co-founded by the best of friends.
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How can PRODUCTIVE PARANOIA serve as a virtue?
Jim Collins in his book Great by Choice goes ahead and explains the success recipe of 10X companies and leaders.
Productive Paranoia is one such quality that helps these companies and leaders “course correct ” and hence achieve phenomenal success.
10Xers remain productively paranoid in good times, recognizing that it’s what you do before the storm comes that matters most. Since it’s impossible to consistently predict specific disruptive events, they systematically build buffers and shock absorbers for dealing with unexpected events. They put in place their extra oxygen canisters long before they’re hit with a storm.
Adopted from Jim Collins’s book Great by ChoiceThus productive paranoia is a habit that needs to be practices to remain honest en-route a success journey.
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Why not ADOPT this PERSPECTIVE for a better LIFE?
Leading life in a better manner just depends on changing our perspective
This wonderful leadership quote from Simon Sinek illuminates us on adopting a new perspective to lead a healthy life
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When can CHAOS be useful?
The following leadership insight adopted from Simon Sinek’s great leadership quote illuminates us on the need of CHAOS to bring in INNOVATION
CHAOS leads to INNOVATION
