According to Harvard Business Review, studies have shown that 60-70% of organizational change projects fail. This statistic has held true for the last 50 years. My guest is Dr. Michael Canic. He is the president of Making Strategy Happen and the author of the book Ruthless Consistency. Michael says that this high rate of failure is not due to a lack of strategy but instead the lack of consistent strategic execution. In this episode, Michael shares high-level points from his book, Ruthless Consistency which contains his wisdom from 20+ years of experience including his time as a corporate leader for FedEx.
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Chapters
00:00 Introduction to Ruthless Consistency
05:25 Understanding Ruthless Consistency
07:48 The Reality of Commitment
14:39 The Importance of Experience
19:54 The Right Commitment
25:05 Final Thoughts on Consistency
Takeaways
Ruthless consistency means unwavering commitment to your goals.
Success requires alignment of intentions, decisions, and actions.
Many entrepreneurs struggle with commitment due to distractions.
Delegating tasks allows focus on what truly matters.
Understanding what others experience is crucial for effective leadership.
Self-management is key to avoiding distractions.
Saying no is essential to prioritize important tasks.
Commitment involves both doing the business and getting the business.
Discomfort is a part of the journey to success.
Chronic inconsistency is the signature of mediocrity.
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