TearsInRain
IE boogeyman
What’s Your 20 Mile March? | The Art of Manliness
The group analyzed seven companies that performed not just better than their industry, but ten times better. They discovered a very interesting key finding. The qualities that business gurus frequently tout as being the main difference-makers — things like innovation, creativity, and the ability to quickly pivot in a fast-changing world – were indeed somewhat important, but it was actually discipline, fanatic discipline, that was one of the true master keys of the companies’ success.
Instead of constantly changing course, making really aggressive moves, and taking big risks, “10Xers” (as Collins and Hansen dubbed these greatly successful companies) came up with a plan, and carefully, methodically, and consistently stuck with that plan; they moved ever towards their long-term goals instead of getting side-tracked by short-term temptations, fears, and changing circumstances. They didn’t panic during stormy periods, nor did they expand too aggressively during good times.