good to great

739 Words2 Pages

Over five years, national bestselling author Jim Collins and his team analyzed and studied eleven companies to discover the key factors that affected the outcome of each company’s growth and survival. Specifically, Collins and his team looked to see what made some companies ‘good’, and what made others ‘great’. What was the force of will that created some company’s success but not others? It starts in the beginning with Level 5 leaders, who are naturally driven to what Collins describes as The Flywheel Model. These leaders are not as interested in self-promotion, that make it look like they are leading, as they are the deliberate process of pushing the flywheel to produce results for the company. To them, it’s all about results. When you’re driving, you already have an idea of who you want in your passenger seat, who gets the back passenger seat, and who is in the back drivers seat. For example, you don’t put the three year old behind the driver; you put him or her in the middle so he doesn’t continuously kick the seat. For Level 5 leaders, getting the right people in the car, the wrong people out of the car, and the right people in the right seats are all crucial steps in the early stages of the Good to Great findings. Equally important is to remember great companies realize they are not going to hit breakthrough by a certain date in the near future, however they know that if they keep pushing in the right direction, they will eventually hit breakthrough in time. This process of confronting the brutal facts helps you see the obvious, although difficult, these steps that must be taken to move towards the flywheel. Next, when you achieve a good perceptive understanding about the Hedgehog Concept and three circles relating to it, t... ... middle of paper ... ...mpany’s foundation and at its original roots, such as the people working for it. Once a group of self-motivated and hard working individuals are chosen, then a clear vision and direction as to where the company will move towards can be established. In addition, knowing where you are in your life is an important, yet challenging venture. A leader must be able to undoubtedly identify what is happening around you, the reality of what is truly going on around you and the reality of your circumstance, are crucial for any business or real life situation. You must be able to reflect, think, and once again observe surroundings to discover important insights to your company. If leaders can do this, then Jim Collins’ Good to Great concepts can be possible. The most important point I will take away from this book is that “greatness results in good decisions over-and-over.”

Open Document