Tuesday, September 9, 2008

The 10x Improvement Challenge

I like the challenge of the 10x improvement question. This line of thinking was introduced by General Electric and has since been used in many other places. The answer to the question suggests what you need to do differently in order to deliver something of ten times the value. The power of this question is that you can not arrive at the answer with incremental, slightly improved ways of doing business but that you have to re-engineer the entire process in order to get there, ten times faster or cheaper or whatever. Try the 10x logic of thinking next time you are faced with a business challenge.

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About the Author

Urban Gavelin a native Swede with more than twenty five years of business experience. He has held positions as director of sales- marketing- and business development on Nordic, European and World Wide levels. Urban has lived and worked in Stockholm, London and New York, now works primarily with leadership development and sales training and is a credentialed coach. He has studied Executive Management at Lausanne Business School and Stockholm School of Economics.

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