#8 - Simon Sinek: Competition, Business and the Infinite Mindset
Win-Win with Liv Boeree
00:00
Moloch Trap
- The Moloch trap involves playing an infinite game with a finite mindset, focusing on winning in a game without a finish line.
- Companies fall into this trap by obsessing over beating competitors, potentially harming themselves through short-term optimization and efficiency.
- Innovation requires wastefulness and space for experimentation, which is often engineered out when companies fixate on margins and costs.
- The Toyota way, originally about constant improvement and frontline micro-corrections, was distorted in America into a focus on lean efficiency at any cost.
- Perceiving a competitive game where none exists is another facet of the Moloch trap, creating a false zero-sum scenario.
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