Outliers, The story of success by Malcom Gladwell

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This is a powerpoint presentation of Malcom Gladwell's book "Outliers". This book epitomizes story of success of various famous personalities. It analyzes various reasons and circumstances that …

This is a powerpoint presentation of Malcom Gladwell's book "Outliers". This book epitomizes story of success of various famous personalities. It analyzes various reasons and circumstances that propelled them to achieve great heights in their careers.

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  • 1. INTRODUCTION “THE ROSETO MYSTERY” Outlier: It is something that is situated away from or classed differently from a main or related body The people in Roseto were dying of old age. That‟s it. University of Oklahoma Press, 1979 published the Roseto Story which emphasizes on the influence of Human relationships on heart disease. Roseto became an Outlier owing to their value system and cultural heritage.
  • 2. THE MATTHEW EFFECT Matthew Effect • For unto everyone that hath shall be given and he shall have abundance . But from him that hath not shall be taken away even that which he hath. Implication • It is those who are successful in other words, who are most likely to be given the kinds of special opportunities that lead to further success. Relative age effect • In teenage years a difference of 6-8 months makes a huge impact on the physical ability of a kid. This was an advantage for the Canadian Junior Hockey League champions because most of their players were born in January-March where as rest of the teams had a majority born in the later months of the year. Thus the physically stronger kids were given better opportunities at the sport whereas the rest missed the bus because they were born a few months late.
  • 3. THE 10000-HOUR RULE 10000 hours of practice is required to achieve the level of mastery associated with being a world class expert- in anything Bill Gates born on October 28, 1955 which is considered a perfect birth date for software professionals since they were experienced enough with 10000 hours of practice in computer programming when the software industry took off in 1986. Bill Joy born on November 8, 1954, went on to establish Sun Microsystems is also a gainer due to his birth date. Beatles got an opportunity at Hamburg to perform 8 hours every night for 7 days a week for 3 years. This is how they got their 10000 hours of practice.
  • 4. THE TROUBLE WITH GENIUSES, PART 1 “Knowledge of a boy‟s IQ is of little help if you are faced with a formful of clever boys” The average person has an IQ of 100, Einstein one fifty, Chris has an IQ of 195 Christopher Langan Intelligence is of little use if we want to understand someone‟s chances of being a success in the world. The likelihood of someone becoming a true outlier lies in the opportunities presented to them by the world. IQ is lot like height in basketball. You need to be atleast six foot or six one to play basketball. Its probably better to be six two than six one and better to be six three than six two. But past certain point height stops mattering. A player who is six foot eight is not automatically better than someone 2 inches shorter. A basketball player has to be tall enough and same is true of intelligence. Intelligence has threshold. Langan‟s IQ of 195 doesn‟t make him smarter than Einstein whose IQ was 150.
  • 5. THE TROUBLE WITH GENIUSES, PART 2 My mother was supposed to fill out a parents‟ financial statement which she neglected and then I lost my scholarship at Reed college. Christopher Langan Robert Oppenheimer, an American physicist who famously headed American effort to develop nuclear bomb during world war 2 was very much like Langan in terms of intelligence. Then Chris enrolled at Montana State University. He wanted to shift from morning batch to afternoon batch due to car issues, but his request was rejected owing to which he had to quit education. Robert went to Harvard and then to Cambridge to pursue doctorate in Physics. He struggled with depression for his entire life. He became so despondent that once he tried to poison his tutor But guess what he was put on probation and continued his stint with regular psychiatric help. Practical Intelligence Robert Oppenheimer • Considering both cases of Chris and Robert. Chris had to quit education due to failure of financial aid and timing issues due to car problems. Whereas Robert tried to kill someone and still got away with it and continued with elite education. Though Chris and Robert possess the same analytical intelligence, Robert had an added advantage of practical intelligence. Practical intelligence is a skill that allows you to talk your way out of murder rap or convince your professor to move you from morning to afternoon session. Practical intelligence comes from concerned cultivation in the childhood, which generally happens with wealthier or higher middle class. Robert had this advantage whereas Chris lacked it.
  • 6. THE THREE LESSONS FROM JOE FLOM • Jews were not considered as someone from right background to work in high profile law firms of Wall Street. Lesson No. 1: Consequently Joe had to join a smaller, second-rate, upstart law firm of Marshall Skadden and Leslie Arps. The • Mergers and acquisitions and takeovers were considered hostile by big time law firms of new York and hence Importance of such litigations were handled by Joe‟s firm. Suddenly the scenario changed with the investors becoming more Being Jewish aggressive with dollar figure rising enormously. It was during the mid 1970‟s to the end of 1980‟s. by this time Joe had developed a skill in this arena and was suddenly very valuable. Lesson No. 2: • Flom was born in a decade when „The Great Depression” had struck America. Owing to which his generation was smaller due to demographic trough. He was exposed to best of the facilities right from the hospital where Demographic Luck. he was born, his schooling ad upto his college education. Lesson No. 3: The Garment Industry and Meaningful work • He belonged to a family of garment manufacturers who migrated to America from Eastern Europe. Garment manufacturers had the best of the occupational skills which became the need of the day in America. Their business took off and their next generation was the beneficiary of all the skillsets. Most of the jewish kids from younger generation took to law or medicine as their profession.
  • 7. HARLAN, KENTUCKY Harlan, Kentucky were the two counties popular for their family feuds. They could easily cause blood shed in the name of defending their “culture of honour” Success arises out of steady accumulation of advantages: when and where you are born and what your parents did for living and what are your circumstances of your upbringing. Also a the success quotient depends on what you take from your cultural legacy and how it helps you to excel
  • 8. THE ETHNIC THEORY OF PLANE CRASHES Korean Airlines went through a leanest patch in the aviation history when their planes were crashing one after the other leaving the safety of passengers in jeopardy. The main reason for these crashes was lack of comfort in communication between the Captain and the first officer. This happened due to the cultural baggage of tolerance and its ambiguity. The captain being a senior in stature, the rest of the crew would not directly communicate with him even during turbulent times. When they realized this, all the crew members were trained to effectively communicate with each other regardless of the seniority thereby shedding the unwanted cultural ethos and they became an outlier in aviation industry.
  • 9. RICE PADDIES AND MATH TESTS “No one who can rise before dawn three hundred sixty days a year fails to make his family rich” Farming in west is mechanically oriented whereas in Asia it is skill oriented. Farmers in Asia do not have money to buy modern equipment and extra land. So rice farmers became smarter by managing their own time and making better choices. Asians have a built-in advantage when it comes to math. They have outperformed their western counterparts time and again. Difference between the number systems suggest that being good at math is also rooted in group‟s culture. Asian countries always top the lists in math Olympics because there is shaped by the tradition of wet-rice agriculture which is laborious as well as complex like math.
  • 10. MARITA’S BARGAIN Poor kids‟ extra time spent in school Reduced vacation Daily Homework Group studies and extra curricular activities On par with Wealthier students This goes in sync with the rice paddy principle where the students from a poor background are made to put extra effort in school. Being from a poor background they are unable to get a desired support in education from home as their parents themselves had dropped out of schools at some point in their lives. Schools like KIPP become an oullier by bring such poor kids on par with students with decent family background.
  • 11. A JAMAICAN STORY white Less black Black Brown The offspring born to a black lady who was a slave to a white man would be born as light, brown or less black or less coloured. These offspring became outliers in Jamaica because they were freed from slavery. They got all the privileges of whites. They could educate themselves in the universities in UK or US. During that time getting yourself less colored partner was considered a blessing as it would ensure privileges for your next generation. Light
  • 12. OUTLIERS Opportunity O U T L I E R S Legacy