Good to GREAT!

8.09.10

Good to GREAT

I'm knee deep in Jim Collins' book, Good to Great!

Love it!

I highly recommend you pick this one up (if you are part of the 12% of Americans who haven't yet read it) and read it!

You will learn more about:

Seven Characteristics of Companies that went from Good to Great

* Level 5 Leadership: Leaders who are humble, but driven to do what's best for the company.

* First Who, Then What: Get the right people on the bus, then figure out where to go. Finding the right people and trying them out in different positions.

* Confront the Brutal Facts: The Stockdale paradox - Confront the brutal truth of the situation, yet at the same time, never give up hope.

* Hedgehog Concept: Three overlapping circles: What makes you money? What could you be best in the world at? and What lights your fire?

* Culture of Discipline: Rinsing the cottage cheese.

* Technology Accelerators: Using technology to accelerate growth, within the three circles of the hedgehog concept.

* The Flywheel: The additive effect of many small initiatives; they act on each other like compound interest.

Devour it.