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This video explores how companies thrive in unpredictable and chaotic environments. Presented by Mike Leonard, Jake Speight, Chris Sylvester, Chase Bray, Rob Evans, and Taylor Ashbaugh, the discussion evaluates company performance and environmental analysis. It debunks myths about successful leadership and innovation and reveals the common traits of companies that maintain exceptional performance for 15 years, outperforming market indices by a factor of ten. Learn how General Motors navigated its 2008 bailout and achieved record profit by applying disciplined innovation strategies.
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Thriving in Uncertainty Group 2 Mike Leonard Jake Speight Chris Sylvester Chase Bray Rob Evans Taylor Ashbaugh
General Motors http://www.youtube.com/watch?v=SSNPFVLIWjI
Chapter Highlights Focus on companies that thrive in unpredictable circumstances and chaos. Evaluating company performance plus environment analysis. Determining what the greatest companies have in common.
Entrenched Myths & Contrary Findings • Myth: successful leaders are bold risk-seeking visionaries. • Reality: observe what works, figure out why and develop. • Myth: innovation distinguishes 10x companies. • Reality: Innovation alone is not as crucial as the ability to scale innovation and combine ingenuity with discipline. • Myth: A threat-filled market requires quick action. • Reality: 10x companies know when to move quickly or not.
10x Company Maintain spectacular performance for 15 years. Achieved results in an uncontrollable and uncertain environment. Began in a position of vulnerability. Outperform the market index by 10x.
General Motors • Government bailout – 2008 • Repaid bailout loan 5 years early. • Posted the highest profit in 2011.
Class Takeaway World is uncontrollable and chaotic. What is a 10x Company? GM steps to becoming a 10x company