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Thriving in Uncertainty

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.

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Thriving in Uncertainty

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  1. Thriving in Uncertainty Group 2 Mike Leonard Jake Speight Chris Sylvester Chase Bray Rob Evans Taylor Ashbaugh

  2. General Motors http://www.youtube.com/watch?v=SSNPFVLIWjI

  3. 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.

  4. 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.

  5. 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.

  6. General Motors • Government bailout – 2008 • Repaid bailout loan 5 years early. • Posted the highest profit in 2011.

  7. Class Takeaway World is uncontrollable and chaotic. What is a 10x Company? GM steps to becoming a 10x company

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