6 Takeaways from the book "GOOD TO GREAT"

Why Some Companies Make the Leap and Others Don't is a management book by Jim C. Collins that describes how companies transition from being good companies to great companies, and how most companies fail to make the transition.

6 key takeaways from the book “Good to Great”

1. Level 5 leadership

Disciplined people, disciplined thought, and disciplined action... which sums up the qualities of level 5 leaders..!

2. Stockdale paradox

Confront the brutal facts: you must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, and at the same time, have the discipline to confront the most brutal facts of your current reality.

3. Hedgehog thinking

A concept that flows from a deep understanding of the intersection of three circles:

a. what you are deeply passionate about,

b. what you can be the best in the world at

c. what best drives your economic or resource engine

4. A culture of discipline

Getting the right people on the bus .. Those who build great organizations make sure they have the right people on the bus.

5. The flywheel effect

No matter how dramatic the end result, good-to-great transformations never happen in one fell swoop. Rather, the process resembles relentlessly pushing a giant, heavy flywheel, turn upon turn, building momentum until a point of breakthrough, and beyond.

6. Build to last

build companies to last long