Home » Great by Choice: Summary of the Key Ideas - Original Book by Jim Collins, Morten T. Hansen: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All by Evolvo
 About the Book 

Companies often have to face difficult conditions, due to the unpredictability and uncertainty of events. In “Great by Choice”, the author examines how some companies manage to survive through chaotic and turbulent times while others don’t. He givesMoreCompanies often have to face difficult conditions, due to the unpredictability and uncertainty of events. In “Great by Choice”, the author examines how some companies manage to survive through chaotic and turbulent times while others don’t. He gives insights into the strategies of great organizations and their recipes for success.Who should read this book:• Entrepreneurs who want to establish a successful company.• Leaders and businesspeople who are eager to find out how to survive through challenges.In this summary:Chapter 1: Great companies observe to adapt to changes in the environmentChapter 2: Anything that can go wrong needs to be factored in during preparationChapter 3: Leaders have to be both innovative and disciplinedChapter 4: 10X companies keep closely to their targetsChapter 5: Innovation becomes less important after reaching a thresholdChapter 6: 10X companies only make bold moves after validationChapter 7: Small moves can lead up to a great innovationChapter 8: 10X leaders always expect the worst and are prepared for itChapter 9: Clear principles are important for continuous good performanceChapter 10: Success does not depend solely on luck, but also on hard work and determinationChapter 11: Final Summary