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GREAT BY CHOICE
Innovation Strategy Talk
Gang Tao
Great by Choice - Innovation Strategy Talk
Great By Choice
How to do under uncertain,
chaotic environment
10Xers
10Xer
Normal
 More Creative
 More Visionary
 More Charismatic
 More Ambitious
 More Lucky
 More Risky Take
 More Heroic
 More Bold
20 MILE MARCH
 10Xers are focused on
data with GREAT
discipline and stick to
their plan, like a 20
Mile March.
FIRE BULLETS, THEN CANNONBALLS
 10Xers were not more
innovative than the control
companies; indeed, they
were considered less
innovative in some
comparisons. 10Xers scale
innovation (firing bullets)
and then the fire
cannonballs once they
know what's on target.
LEADING ABOVE THE DEATH LINE
 Explains "productive
paranoia," the idea that
you need to build cash
reserves and buffers,
bound your risk, and show
flexibility in looking at
macro and micro factors
at play in your business
and industry.
SMaC
 SMaC stands for Specific,
Methodological, and
Consistent. The more uncertain
your environment, the more
SMaC you need to be. A
SMaC recipe is a set of
durable operating principles
and practices that create a
replicable and consistent
success formula.
RETURN ON LUCK
 10Xers weren't more
lucky or unlucky than
comparisons. They had
better ROL because they
took full advantage of
good luck and
minimized the effects of
bad luck.
Summary
 Strict Discipline
 Creative based on Fact
 Constructive Anxiety
 Level 5 Ambition
 Capability of Making Choice
Other Books by Collins
Discussion
Anything
helpful to our
concept car
project
Five Stages to Fall

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Great bychoice

  • 2. Gang Tao Great by Choice - Innovation Strategy Talk
  • 3. Great By Choice How to do under uncertain, chaotic environment
  • 4. 10Xers 10Xer Normal  More Creative  More Visionary  More Charismatic  More Ambitious  More Lucky  More Risky Take  More Heroic  More Bold
  • 5. 20 MILE MARCH  10Xers are focused on data with GREAT discipline and stick to their plan, like a 20 Mile March.
  • 6. FIRE BULLETS, THEN CANNONBALLS  10Xers were not more innovative than the control companies; indeed, they were considered less innovative in some comparisons. 10Xers scale innovation (firing bullets) and then the fire cannonballs once they know what's on target.
  • 7. LEADING ABOVE THE DEATH LINE  Explains "productive paranoia," the idea that you need to build cash reserves and buffers, bound your risk, and show flexibility in looking at macro and micro factors at play in your business and industry.
  • 8. SMaC  SMaC stands for Specific, Methodological, and Consistent. The more uncertain your environment, the more SMaC you need to be. A SMaC recipe is a set of durable operating principles and practices that create a replicable and consistent success formula.
  • 9. RETURN ON LUCK  10Xers weren't more lucky or unlucky than comparisons. They had better ROL because they took full advantage of good luck and minimized the effects of bad luck.
  • 10. Summary  Strict Discipline  Creative based on Fact  Constructive Anxiety  Level 5 Ambition  Capability of Making Choice
  • 11. Other Books by Collins