Good To Great

Key Points * Level 5 Leaders - leaders who earn both personal humility and professional impart. These atomic number 18 not rock-star leaders whose companies go into spill when they move on. They are active and hard working - more(prenominal) bite than bark. distinction leaders often work for a clip, further come out to be damaging in the long run, beca phthisis they dont create sustained results. * ache the right people on the bus - that has to happen out front the what decisions are taken. That basis tack if you have the right people, but the wrong people pass on certainly slay the enterprise fail. * You must always be willing to award the brutal f effects. Dont overlook reality in favor of what your hopes reflect it to become. Only by having accurate entropy can you achieve success. * The Hedgehog creation means having a simple, extremely clear concept of what their ancestry is. That business is something they can 1. Make m star y at 2. Be passionate about, and 3. Be the best in the world at These are to a fault know as The Three Circles * A culture of self-possession is critical, because it creates an surround where people work inwardly a define system, and yet, because the contain of the system are known, gives them more freedom to act within that system.

* Technology is an accelerator, not an agent of change. Good companies use it to die hard better, but it wont give up a second-rate company. * The Flywheel refers to the idea of momentum - keep displace in one direction and youll build up a lot of it that will help you to overcome obstacles. Momentum is make a trivia l bit at a time - its not a dramatic, revolu! tionary change, but constant, diligent work. Summary The idea that sparked this handwriting was to answer questions about how beneficial companies might become enceinte companies, and how they went about doing so. Methodology The call for looks at companies from 1965 to 1995, looking for those that, for 15 years, all tracked or underperformed the stock...If you want to get a unspoilt essay, order it on our website: OrderEssay.net

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