Insights from ‘The Infinite Game’ by Simon Sinek Flashcards

1
Q

What is the primary goal in an infinite game, according to Simon Sinek?

A

The goal is not to win, but to play as long as possible.

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2
Q

True or False: Business is a finite game where success is defined by profit alone.

A

False

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3
Q

How does a finite mindset in business affect long-term innovation?

A

It leads to short-term actions like layoffs, which harm long-term innovation.

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4
Q

Fill in the blank: A ‘Just Cause’ is an ______ vision of the future that inspires people to join your mission.

A

idealistic

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5
Q

What was Henry Ford’s ‘Just Cause’ for his business?

A

To provide safe and efficient transportation for everyone and open highways to all.

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6
Q

Why is having a ‘Just Cause’ important for a business?

A

It helps resist short-term pressures, making sacrifices for a vision and sustaining long-term goals.

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7
Q

Give an example of a company that renewed its commitment to its ‘Just Cause’ after decline.

A

CVS, with its mission to get people on the path to better health.

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8
Q

Application: If your ‘Just Cause’ requires a change that could reduce short-term profits, what should you do according to Sinek?

A

You should prioritize the ‘Just Cause’ and be willing to overhaul your business for long-term vision.

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9
Q

What questions can help determine a company’s ‘Just Cause’?

A

1) What profound change can we make in our customers’ lives? 2) What mission are we willing to make sacrifices for? 3) What idealistic vision will inspire others to join us?

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10
Q

True or False: A worthy rival in business is meant to be defeated to win the game.

A

False

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11
Q

How does a ‘worthy rival’ help in an infinite game?

A

It pushes you to improve and can help clarify and strengthen your ‘Just Cause.’

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12
Q

What example does Sinek give of Apple using a ‘worthy rival’ in the 80s?

A

Apple used IBM to position itself as a brand for misfits and innovators, contrasting IBM’s corporate focus.

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13
Q

Fill in the blank: ‘In an infinite game, the _____ are constantly changing, keeping participants on edge.’

A

rules

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14
Q

Describe an example of a company that failed because it stuck to fixed rules in an infinite game.

A

Blockbuster failed by sticking to in-store rentals with late fees, while Netflix changed the game with online rentals and no late fees.

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15
Q

True or False: In an infinite game, you should wait for the rules to change before adapting.

A

False

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16
Q

How did Netflix redefine the rules in the game of movie rentals?

A

They allowed customers to rent movies online without leaving home and eliminated late fees, adapting the game to customers’ needs.

17
Q

What should business leaders remember about rules in an infinite game?

A

The rules will change, and leaders can proactively redefine the rules to better advance their Cause.