The Role of Luck in Success

This chapter explores the intricate relationship between luck and success, examining how fortunate events can either propel or hinder progress based on individual and organizational responses. Through examples of companies navigating similar opportunities, it highlights the importance of preparation, resilience, and strategic action in transforming luck into sustainable advantages. The discussion also introduces the '20-mile march' concept, emphasizing consistent performance as a key driver of long-term success in volatile environments.