#24 Extreme Ownership – Owning your shit

The only way to truly influence the important things in your life is fully owning them yourself. If your role is to lead other people this is even more important. In “Extreme Ownership” Jocko Willink and Leif Babin share their hard-won insights from years of leading Navy SEALs in combat as well as helping business leaders perform on their battlefield. We draw on the lessons from Jocko and Leif as we provide practical tips for efficiency, decision making and getting results.

Time stamps:
00:30 Extreme Ownership – background
2:20 Extreme ownership – what the concept means
6:30 Why it is hard to take extreme ownership
8:35 Knowing your “why”
10:35 The “discipline equals freedom” concept
12:20 Make sure people you rely on know the “why” too
13:35 Make it simple!
15:50 Use decentralized decision-making
17:30 Situational awareness
18:50 The 3 steps of decision making:
a. gathering information
b. analyzing and assigning meaning and risk/reward to the information
c. making a probability-weighted decision
20:35 The 80/20 rule (a.k.a. the Pareto principle)
22:50 Summary and key takeaways

24:30 Thanks for listening, until next week

References:
13:35 Albert Einstein on simplicity: “Make things as simple as possible, but not simpler.”
Extreme Ownership: books.google.se/books/about/Extre…cover&redir_esc=y

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