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)Continue reading “A “20 Mile March” has these 7 characteristics”

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 whenContinue reading “This is why “20 Mile Marchers” consistently win”

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, theContinue reading “The importance of operating within the bounds of a “20 Mile March””

These are the THREE biggest advantages of a 20 mile march

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 whenContinue reading “These are the THREE biggest advantages of a 20 mile march”

This illustrates importance of the “20 Mile March” for consistent performers

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, theContinue reading “This illustrates importance of the “20 Mile March” for consistent performers”

7 characteristics of “The 20 Mile March” of high performers

A good steady 20 Mile March is characterized by : 1) Clear performance markers 2) Self imposed constraints 3) Specific to an enterprise 4) Largely within company’s control to achieve 5) Needs a proper timeframe to achieve 6) Imposed by the company upon itself 7) Achieved with high consistency else this is not sustainable AdoptedContinue reading “7 characteristics of “The 20 Mile March” of high performers”

Adhering to a “20 Mile March” strategy needs character

This is a specific performance marker that 10X companies adopt consistently over a period of time Adhering to this metric needs true character and requires two distinct types of discomfort: 1) Showing self restraint and holding back in good times without being greedy so that 2) High performance is delivered during difficult times Think ofContinue reading “Adhering to a “20 Mile March” strategy needs character”

Doing a “20 Mile March” consistently over time

The “20 Mile March” is a steady performance marker adopted by high performing organizations that help them survive the test of time This steady march requires hitting specified performance markers consistently over a period of time. This kind of a strategy needs exercise of self restraint during good times to not be greedy and abideContinue reading “Doing a “20 Mile March” consistently over time”

What happens when the aggressive growth strategy is not sustainable?

Let us a look at the following 10X high performance organizations(highlighted in bold)vs their competitors who were outclassed in the long run Stryker vs USSC Southwest Airlines vs PSA Progressive Insurance vs Safeco Intel vs AMD Amgen vs Genetech Be it AMD , USSC or the other players one common link which made all theseContinue reading “What happens when the aggressive growth strategy is not sustainable?”

Seven characteristics of a good “20 Mile March”

A balanced year on year growth strategy which is born out of fanatic discipline of 10X companies has been termed as the “20 Mile March” in the book titled “Great by Choice” by Jim Collins. Such a strategy takes into account the fact that we need to respect “unforgiving environment” when the tide is roughContinue reading “Seven characteristics of a good “20 Mile March””