On the soft stuff that ruins the most genius plans
Hi, troublemakers! 👋
Here’s a powerful quote I’ve highlighted this week, along with a thought for you to reflect this weekend.
Take care and unwind!
Tom
1 Quote
FromCEO Excellence:
“The »soft stuff« – related to people and culture – account for 72% of the barriers to success. Therefore, once a CEO sets a direction for the company’s future, the probability that the plan will become reality is still low.”
1 Thought
[code] tech (10) x talent (100) = 1000x output [/code]
We all know the concept of ‘zero to one’ and the theoretical leverage that comes with technology. However, being tech-driven is just part of the equation.
Why? It boils down to competition.
The entry level to tech is low. Anyone with a computer can start an online business, resulting in intense competition. Over the last 20 years, the tech workforce has grown almost fivefold in the US (source).
As a result, technology alone no longer provides a strong competitive edge or guarantees above-average growth.
What becomes crucial are talented individuals who can outperform the competition with their skills, approaches, and decisions.
However…
There’s one thought that bugs me.
AGI — Artificial General Intelligence.
The idea is to create AI models capable of autonomously solving a variety of complex problems across different knowledge domains.
If we create such self-teaching algorithms, will the equation 1000x still work? Or might it transform into something like: [code] AGI (1000) x money (100) = 100,000x output [/code]