Sunday, August 30, 2020

ACHIEVING OPERATIONAL EXCELLENCE

 In his book, "Anything You Want", Derek Sivers succinctly explains a widely known (but may not be a universally understood) thought. Excerpt from the book:


"To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.

Explanation:

AWFUL IDEA= -1
WEAK IDEA= 1
SO-SO IDEA= 5
GOOD IDEA= 10
GREAT IDEA= 15
BRILLIANT IDEA= 20
-----------------
NO EXECUTION= $1
WEAK EXECUTION= $1000
SO-SO EXECUTION= $10,000
GOOD EXECUTION= $100,000
GREAT EXECUTION= $1,000,000
BRILLIANT EXECUTION= $10,000,000

To make a business, you need to multiply the two."

Bottom line is simple, to win, execution is paramount. Are there a set of principles that can help one execute flawlessly ?

There can be many variants, but i quite liked ideas shared in Keith Rabois video (~46 minutes)- 'How to Operate' https://lnkd.in/g_ZQMsi

The video is very well summarized in this tweet thread by George Mack- https://lnkd.in/gHmrvYk

My favorite:
"The more you simplify, the better people will perform. Force yourself to simplify every initiative, every product, every marketing - everything you do."

Catch my Sketchnote Summary with the key ideas below:

#execution #ideas #product

Sketchnote:


LinkedIn Post:

Tweet:
https://twitter.com/anujmagazine/status/1299634717923241984?s=20

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