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Great by Choice - Summary

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Presentation on theme: "Great by Choice - Summary"— Presentation transcript:

1 Great by Choice - Summary
Team 3 – Paige Adams, Laura Freeman, Hayley Jacobs, Daniel Lawson, Gage Mitchell, Haley Smith

2 10xers: What defines them
Beat industry index by at least 10x Don’t complain and they don’t blame Display the following leadership characteristics: Fanatic Discipline Empirical Creativity Productive Paranoia Gage 10xers: What defines them

3 20 Mile March (Fanatic Discipline)
Clear Performance Markers Self-imposed constraints Tailored to the enterprise and its environment Largely within the company’s control “Goldilocks” time frame Designed and self-imposed by the enterprise Achieved with great consistency Hayley 20 Mile March (Fanatic Discipline)

4 Fire Bullets, then Cannonballs (Empirical Creativity
Based on actual facts and tests Needs to be tested before entering the market Bullet = low cost, low risk, low distraction Nike ID Make sure your cannonballs are calibrated Paige Fire Bullets, then Cannonballs (Empirical Creativity

5 Leading above the Death Line (Productive Paranoia)
Key Dimensions: Build Cash reserves and buffers Bound risk: death line, asymmetric, and uncontrollable Zoom in, then zoom out Dan Leading above the Death Line (Productive Paranoia)

6 Return on Luck Four possible scenarios:
Great return on good luck Poor return on good luck Great return on bad luck Poor return on bad luck Luck (good or bad) is non-discriminatory It goes both ways for all types of companies Haley Return on Luck


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