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The Algorithm: the hypergrowth formula that transformed Tesla, Lululemon, Gneral Motors, and SpaceX
Jon McNeill had already founded and sold sis start-ups when Sherly Sandberg introduced him to Elon Musk, who was looking for help at Tesla. McNeill was steeped in the lean principles that had made Toyota a global powerhouse-principles focused on achieving efficiency and optimization by incrementally improving existing systems and process. What he learned from Elon at Tesla was its antithesis, an approach that required radical rethinking to explode the status quo, attack complexity, and set seemingly unrealistic goals. Elon called this five=step framework "the Algorithm".
1. Question every requirement.
2. Delete every possible step in a process.
3. Simplify and optimize.
4. Accelerate cycle time.
5. Automate last.
In this book, Mc Neill details this tremendously powerful set of tools, which brought Tesla from a production crisis threatening to derail it to a period of hypergrowth. During his tenure, revenue boomed from $2 billion to $20 billion in just thirty months. Since his departure from Tesla, McNeill has used the Algorithm in every enterprise he has worked with to superchange speed, efficiency, innovation, and growth. Featuring case studied from Tesla and SpaceX, as well as from Lululemon, GM, and companies of various sizes acroos industries, he reveals how any business can do the same and achieve the unimaginable.
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