Realintro

Agent Sign In
RE/MAX Escarpment
Profile
Listings
Conrad Zurini

Conrad Zurini

RE/MAX Escarpment

Profile
Posts
Listings

Languages

  • English

A Word To the Wise on How to be GREAT BY CHOICE

A Word To the Wise on How to be GREAT BY CHOICE Let’s end this article with what the opening speaker had to say. Morten T. Hansen is a management professor at the University of California, Berkeley and author of Great By Choice. Hansen narrates the story about the great 1911 r...

Jun 14, 2022


Let’s end this article with what the opening speaker had to say. Morten T. Hansen is a management professor at the University of California, Berkeley and author of Great By Choice. Hansen narrates the story about the great 1911 race to the South Pole, by British explorer Robert Falcon Scott and Norwegian explorer Ronald Amundsen.


These two explorers had two very different approaches to the expedition, which is best described as the ‘20 Mile March’. Scott took a more aggressive stance to the journey where he and his crew took advantage of various factors such as better weather conditions, and marched until they dropped. They sometimes travelled 40-50 miles straight and would sometimes break for a stretch. While Amundsen, chose a more disciplined approach of 20 miles a day no matter what the conditions were. Amundsen arrived at the South Pole 5 weeks before Scott and the round trip journey covered 3,440 km, taking 99 days.


Scott’s story was not as successful. They arrived at the South Pole very dejected that they had lost. On the way back they encountered horrible conditions. Scott and the team perished just 10 miles away from their base camp.


The big question is how do you accomplish consistent indisputable growth? Or in other words how do join the class of the 10xers? Hansen and his co-author, Jim Collins (Good To Great, Built To Last) analyzed 10x companies who took on the same philosophy as Amundsen, and companies who took the Scott philosophy and applied it to their businesses.


Stryker Corporation and one of their CEO’s John Brown believed in a progress marker of 20%, per year. Brown would give the ‘snorkel award’ if your department’s growth was below 20%, the watermark. He believed in consistent growth vs exceptional growth, and during Brown’s tenure at the helm, Stryker’s shares soared by more than 8,800.


The Final Word 5 Attributes to Strong and Consistent Growth


  • How can we apply this wisdom to what's happening in the world around us, and at the local level where most of us operate from? No matter the headwinds we face or the trade winds which push our growth, you must have fanatical discipline where ‘words equal actions’.
  • Empirical creativity is your most valuable resource. If you can’t measure it, don’t do it. Be aware that ideas are not in short supply, and there will always be a shiny new object. Remember to always be A-B testing new ideas and concepts.
  • ‘Failure should guide you’ (Bill Gates) and only the paranoid survive. Adopt productive paranoia, and ask yourself ‘what can go wrong?’ And always, always look for blind spots!
  • Believe in the concept of slow and steady wins the race. 15%-20% consistent growth is where it's at. If you grow by more than that you run the risk of not serving your Clients well. If all you do is execute without building the infrastructure and systems to serve your Clients needs, you will fall off the edge.
  • It is about how you innovate, not how much. Ask yourself ‘what can I/we do more of'? Giving great customer service is such a cliché. ‘We solve our Client’s problems within 24 hours’ is easily understood by your team, your customers and is executable. Experiment with different forms of marketing and service deliverables. Once you are able to measure great results and fine tune your service offering, then scale aggressively.
Realintro

Helpful Links

  • Find a Property
  • Commercial
  • Agent Sign In
REALTOR® Logo
MLS® Logo

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

Copyright 2025 Realintro · Privacy Policy