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10X companies outperform their industry peers over extended periods from "summary" of Great by Choice by Jim Collins,Morten T. Hansen
In the landscape of business, a distinct group emerges, defined by their remarkable ability to achieve sustained success. These enterprises, often referred to as 10X companies, demonstrate a pattern of performance that consistently eclipses that of their industry counterparts. Their journey is not merely a stroke of luck but a result of deliberate choices and disciplined execution over time. Key to their success is a deep-rooted adherence to core principles. These organizations operate with a steadfast commitment to their mission, navigating through turbulent times with a sense of purpose that transcends mere profit. They embrace a culture of discipline, where every decision is informed by a clear understanding of their core values and goals. This unwavering focus ...
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