SlideShare a Scribd company logo
“ Why do some companies thrive in
uncertainty, even chaos, and others do not?
”
10Xers
10xers are companies who truly THRIVED and beat its
industry index by at least 10times
MYTH
ī‚§ Risk-seekers
ī‚§ Visionaries
ī‚§ Innovationist
ī‚§ Quick in decision
ī‚§ Radical changes
ī‚§ More good luck
REALITY- 10xers were NOT
visionaries,
ambitious, risk-takers, heroic,
charismatic
How they
became
SUCCESSFUL &
GREAT?
10X LEADERSHIP
Don’t overreact ; Be unbending to your focus on your quests
20 Mile March- concrete performance mechanism
ī‚§Clear performance markers
ī‚§Self imposed constraints
ī‚§Appropriate to the specific enterprise
ī‚§Largely within the company’s control to achieve
ī‚§A proper timeframe
ī‚§Imposed by the company upon itself
ī‚§Achieved with high consistency
Have Fanatic Discipline
Show Empirical Creativity
Don’t rely on conventional wisdom ; Be direct observant ,see it
and judge it for yourself
Fire bullets and Cannonballs – experiment tells what will work?
Find low-cost, low-risk, and low-distraction test or experiment then hit
cannonballs
Live in Productive Paranoia
Don’t be fearful –Prepare for plan B or safety margin or buffers
Leading above The Death Line
ī‚§ Build cash reserves and buffers
ī‚§ Bound risk and manage risk
ī‚§ Zoom Out then zoom in
Level 5 Ambition
Motivating Force- Be incredibly ambitious for the cause of
the company for the work not for yourselves
SMaC-Specific Methodical and Consistent
ī‚§ A set of durable operating practices
ī‚§ The more uncertain the market, the stronger your SMaC recipe should
be
ī‚§ Requires empirical creativity (for developing and evolving it) fanatic
discipline (for sticking to it) and productive paranoia (for sensing
necessary change)
Return On Luck (ROL)
Luck is not a strategy, but using good luck to get good results and
preparing for bad luck is a strategy
10x leadership quality helps to win greater ROL
THANK YOU
Presented By: Rifat Nahar Ritu

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Great by choice summary by rifat nahar ritu

  • 1.
  • 2. “ Why do some companies thrive in uncertainty, even chaos, and others do not? ”
  • 3. 10Xers 10xers are companies who truly THRIVED and beat its industry index by at least 10times
  • 4. MYTH ī‚§ Risk-seekers ī‚§ Visionaries ī‚§ Innovationist ī‚§ Quick in decision ī‚§ Radical changes ī‚§ More good luck REALITY- 10xers were NOT visionaries, ambitious, risk-takers, heroic, charismatic
  • 6. Don’t overreact ; Be unbending to your focus on your quests 20 Mile March- concrete performance mechanism ī‚§Clear performance markers ī‚§Self imposed constraints ī‚§Appropriate to the specific enterprise ī‚§Largely within the company’s control to achieve ī‚§A proper timeframe ī‚§Imposed by the company upon itself ī‚§Achieved with high consistency Have Fanatic Discipline
  • 7. Show Empirical Creativity Don’t rely on conventional wisdom ; Be direct observant ,see it and judge it for yourself Fire bullets and Cannonballs – experiment tells what will work? Find low-cost, low-risk, and low-distraction test or experiment then hit cannonballs
  • 8. Live in Productive Paranoia Don’t be fearful –Prepare for plan B or safety margin or buffers Leading above The Death Line ī‚§ Build cash reserves and buffers ī‚§ Bound risk and manage risk ī‚§ Zoom Out then zoom in
  • 9. Level 5 Ambition Motivating Force- Be incredibly ambitious for the cause of the company for the work not for yourselves
  • 10. SMaC-Specific Methodical and Consistent ī‚§ A set of durable operating practices ī‚§ The more uncertain the market, the stronger your SMaC recipe should be ī‚§ Requires empirical creativity (for developing and evolving it) fanatic discipline (for sticking to it) and productive paranoia (for sensing necessary change)
  • 11. Return On Luck (ROL) Luck is not a strategy, but using good luck to get good results and preparing for bad luck is a strategy 10x leadership quality helps to win greater ROL
  • 12.
  • 13. THANK YOU Presented By: Rifat Nahar Ritu