Embracing the Journey: Acceleration & Compounding

Intro

Leaders want to speed up their business, increase the speed of growth, improvement, scale, transformation, and winning.

Leaders want to get to the finish line, and most see the path to get there as something in their way, rather than the way.

Action through practice, learning, effective collaboration, communication, and failure are the journey. Embracing the journey allows for you get more meaning and fulfillment from your work, and focus on driving acceleration and compounding. Finding ways to enjoy the work, makes you so much better at the work too.

Connecting The Dots Looking Backward

The Story

Accelerating your growth and learning, leads to compounding improvements. Here is a bit more on each:

Acceleration

Taking urgency and weaponizing it in your business

—> Not next quarter, this month

—> Not next week, by this Friday

—> Not end of the week, but end of day or tomorrow

Quicker meetings, faster decision making, driving goals that are a bit of a stretch, pushing our priorities forward.

Not later, now. Don’t take your time, but get it done.

Acceleration

Definition: Acceleration—”Is the rate at which velocity changes over time, including both speed and direction. It's a vector quantity with both magnitude and direction. Explanation Acceleration can be defined as changing speed, direction, or both. For example, a car speeding up has positive acceleration, while a car slowing down has negative acceleration. Even if speed remains constant, motion along a circle is considered acceleration because direction is constantly changing.” —Safari, AI Summary

Compounding

Everything you do yesterday and today, helps you build for tomorrow. Works for interest and your money, works for work too. Learning improves and speeds up, based on what you learned previously, so if you want to get better at learning new things, becoming Top 10% in a subject, get to learning, because by studying a topic, you can advance beyond 90% within a year. And every effort you put in, will contribute to your learning for tomorrow. Work, learning, and relationships have a compounding affect that is hard to explain and understand, but if you wait too long to figure it out, you will have missed the opportunity to start. Compounding rewards those who start.

Definition: Compounding—If you want to improve a skillset, you can use the concept of compound improvement: Small, consistent improvements add up over time and have a massive effect on your results. One powerful method to engage in compound improvement is to set a Smallest Achievable Perfection (SAP).

“Compounding knowledge is a concept first presented by investor and business magnate Warren Buffet, who suggested “Read 500 pages every day. That's how knowledge works. It builds up, like compound interest.” Buffet and Parrish assert that the principle of compounding can be applied to decisions outside of finance.” —Teradata

In order to get better, increase your at-bats. Position yourself in the arena of work, people leadership, execution, taking action, and building strategies to grow and refine your craft. Push yourself to not shy away from conflict or hard decisions, rather embrace the hardest aspects of your role that move the needle. If you can focus on the top tier needle-moving action, conversations, and decisions, you give yourself optimum at-bats to get better, versus staying in that on-deck circle to use the baseball analogy.

Acceleration and compounding may seem difficult to understand because they are ways of describing the outcomes, results, and characteristics, not the actions necessary to achieve those gains. Leverage acceleration and compounding affects by increasing your pace and focus through small consistent improvements.

https://www.eidigital.com

Closing

Acceleration and compounding drive business and leaders forward unlike most powers behind humans. Embrace what you did yesterday and today, to build for tomorrow. Every day builds, so take it on with pride and passion, and keep accelerating and compounding through work, learning, and increasing your pace through efficiency and leverage.

Lead10x OS | Building the Organizational Leadership Framework of the future

Supporting Content - For More to the Story

Hopefully, this added a little value to your business or leadership journey. Thank you for reading. If you think this may help someone else, please repost ♻️ or share. Thanks for being here. 🌍🏔️

Want to follow along on LinkedIn -> Hit the 🔔

Climb Higher | Raise Your^ROI

For additional content, check out articles on Medium.

"Twenty years from now, you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover."

- Mark Twain

About the Author, Graham Peelle