How Will You Measure Your Life?

by Clayton M. Christensen

But instead of telling him what to think, I taught him how to think.

Andy grove celeron processor looking at nic steel mill disruptor story.

Indeed, while experiences and information can be good teachers, there are many times in life where we simply cannot afford to learn on the job. You don’t want to have to go through multiple marriages to learn how to be a good spouse. Or wait until your last child has grown to master parenthood. This is why theory can be so valuable: it can explain what will happen, even before you experience it.

Theories have purpose

As with all matters of the heart, you’ll know when you find it. —Steve Jobs

Happiness

Hygiene factors are things like status, compensation, job security, work conditions, company policies, and supervisory practices.

Hygiene factors are not motivation factors

Motivation factors include challenging work, recognition, responsibility, and personal growth. Feelings that you are making a meaningful contribution to work arise from intrinsic conditions of the work itself. Motivation is much less about external prodding or stimulation,

Intrinsic factors - motivators

“This is just for a couple of years. I’ll pay off my loans, get myself in a good financial position, then I’ll go chase my real dreams.”

Common trapds

Emergent strategy again preempted my deliberate path.

be flexible to adapt and seek new opportunities lke walton walmart and the aUthor - dream of editor at Wall street journal but started independent coknsultant after B school ,then try own firm and then esmergent into phd and teaching at harvard b school.

The assumptions on this list should be rank-ordered by importance and uncertainty. At the top of the list should be the assumptions that are most important and least certain, while the bottom of the list should be those that are least important and most certain.

Validate assumptions for successful project

“What assumptions must prove true?” offers a simple way to keep strategy from going far off-course. It causes teams to focus on what truly matters to get the numbers to materialize. If we ask the right questions, the answers generally are easy to get.

Right questions are key

What we can learn from how companies develop strategy is that although it is hard to get it right at first, success doesn’t rely on this. Instead, it hinges on continuing to experiment until you do find an approach that works. Only a lucky few companies start off with the strategy that ultimately leads to success.

Strategies for emergent attitudes growth Mndset!

Intimate, loving, and enduring relationships with our family and close friends will be among the sources of the deepest joy in our lives.

Purpose Of life

Honda succeeded because the company was so financially constrained in its early days, it was forced to be patient for growth while it figured out its profit model.

Super cub in US born out of necessity and prioritize profit over growth

else. If they do, the loss will be yours. People in their later years in life so often lament that they didn’t keep in better touch with friends and relatives who once mattered profoundly to them. Life just seemed to get in the way. The consequences of letting that happen, however, can be enormous.

Biggest regret ppl have!

That means children who have been exposed to extra talk have an almost incalculable cognitive advantage.

Talking to kids esp first few years crucial

V8, and get all the nutrition that I promised Mom that I’d get, but with a fraction of the effort and time!’”

Market for children via millshake identified...understanding painpoints, root cause.

The two fundamental jobs that children need to do are to feel successful and to have friends—every day.

What motivates child to school

to feel successful and have friends, they could also drop out of school and join a gang, or buy a car and cruise the streets.

Devils advocate

Schools that have designed their curriculum so that students feel success every day see rates of dropping out and absenteeism fall to nearly zero.

Feel of success super critical

We project what we want and assume that it’s also what our spouse wants.

Check once

the path to happiness is about finding someone who you want to make happy, someone whose happiness is worth devoting yourself to. If what causes us to fall deeply in love is mutually understanding and then doing each other’s job to be done, then I have observed that what cements that commitment is the extent to which I sacrifice myself to help her succeed and for her to be happy.

How selfless

Dell’s success was a Taiwanese component supplier by the name of Asus.

Outsourcing

Dell essentially outsourced everything inside its personal-computer business—everything except

Brand

there’s a danger to outsourcing.

Dell lost to asus as it built pc business

fall into one of three buckets: resources, processes, and priorities.

Important

The ways in which those employees interact, coordinate, communicate, and make decisions are known as processes. These enable the resources to solve more and more complicated problems.

Process crucial

organization’s priorities. This set of factors defines how a company makes decisions; it can give clear guidance about what a company is likely to invest in, and what it will not. Employees at every level will make prioritization decisions—what they will focus on today, and what they’ll put at the bottom of their list.

Clarity to generate energy

Never Outsource the Future

Major learning for companies

You should not focus on what the suppliers are doing now, but, rather, focus on what they are striving to be able to do in the future. Second, and most critical of all: figure out what capabilities you will need to succeed in the future. These must stay in-house—otherwise, you are handing over the future of your business.

Mantra us companies learnt hard way

take the information he absorbed in class and use it to, say, create an application for a tablet computer, like an iPad, or conduct his own scientific experiment—that capability is a process.

Process is intelligent resourcing

Resources are what he uses to do it, processes are how he does it, and priorities are why he does it.

3 central tenets

feel like a good parent: see all the opportunities I’m providing for my child?

Should always be about enriching experience and helping children with processes

Has my child developed the skill to develop better skills? The knowledge to develop deeper knowledge?

Should be there

denies our children the opportunity to develop the processes they’ll need to succeed in the future.

Ensure its deep and meaningful

about how she might try to repair it if it were she who was going to do the repair, and then went on her way. I sat there clueless at first, but eventually figured it out.

More time solving life problems

children will learn when they are ready to learn, not when we’re ready to teach them.”

Learning happens by experiencing

Balance is important,

They lll learn

You can compare with your neighbors and friends how many activities your child is involved in, what instruments he is learning, what sports she is playing. It’s easy to measure and it makes you feel good. But too much of this loving gesture can actually undermine their becoming the adults you want them to be.

Keep it minimal

High Flyers, that I finally found a theory that could help people make better decisions about whom to hire in their future. It explained why so many managers make hiring mistakes.

Best choice

A challenging job, a failure in leading a project, an assignment in a new area of the company—all those things become “courses” in the school of experience. The skills that leaders have—or lack—depend heavily on which “courses,” so to speak, they have and have not taken along the way.

Challenges r the answer

That relegated Pandesic to a footnote in Intel’s and SAP’s histories.

Not right ppl with growth mindset

The braver decision for parents may be to give that child a more difficult, but also more valuable, course in life. Allow the child to see the consequences of neglecting an important assignment. Either he will have to stay up late on his own to pull it off, or he will see what happens when he fails to complete it. And

Life lesson allow kids to cail

Pixar’s creative culture.

Brutally honest originality cultivated

If you don’t articulate a culture—or articulate one but don’t enforce it—then a culture is still going to emerge. However, it is going to be based on the processes and priorities that have been repeated within the organization and have worked.

Walk the talk

you’re going to do something, you hold to that and follow through.

Integrity is key

Parents who let such behavior slide are essentially building a family culture—teaching their child that this is the way the world works, and that they can achieve their goals the same way each time.

Teach right things

Allowing your children to get away with lazy or disrespectful behavior a few times will begin the process of making it your family’s culture.

Nip it in the. Bud

We need to leverage our existing sales team.”

Thinking on a marginal basis can be very, very dangerous.

Henry ford