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Great by Choice Ch. 5 Leading Above the Death Line

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Great by Choice Ch. 5 Leading Above the Death Line

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    1. Great by Choice Ch. 5 Leading Above the Death Line Tyler Bruce Hunter Buckles Brooke Kavieff Ben Muse Eric Matthews Trevor Stricklan

    2. Productive Paranoia Breashear’s Everest climb 10Xers prepare for adversity “The only way to learn from mistakes is to survive them.”

    3. 10X Journey and the Death Line

    4. Productive Paranoia 1: Extra oxygen canisters – It’s what you do before the storm comes Conservative Balance Sheets 10Xers carry 3-10 times the ratio of cash to assets Start to Finish conservative approach Prepare for “Black Swans” Cannot predict what will happen, but know that something will

    5. Productive Paranoia 1 Extra oxygen canisters – It’s what you do before the storm comes 3 Company Categories Those that fall behind Those that pull ahead Those that die “The disruption itself does not determine your category. You do.”

    6. Productive Paranoia 2: Bounding Risk 3 categories of risk for enterprises: Death Line risk Asymmetric risk Uncontrollable risk

    7. Productive Paranoia 2: Bounding Risk Time-based risk Behaviors that correlate with successful outcomes Hyper vigilance Adjustment of decision speed Make deliberate, fact-driven decisions Superb execution once decisions are made Stryker example

    8. Productive Paranoia 3 Counting task http://www.youtube.com/watch?v=Ahg6qcgoay4 Zoom-out, then Zoom-in The North Face

    9. Productive Paranoia 3 Options and flexibility Minimizing uncontrollable risk The North face website

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