Good to Great: Why Some Companies Make the Leap... and Others Don't

Implications and Applications

• Companies apply the «Hedgehog Concept» to focus on what they can be the best in the world at, what drives their economic engine, and what they are deeply passionate about.
• Leaders use the «First Who, Then What» principle by hiring the right people and placing them in the right positions before determining the company's strategy.
• Organizations implement a culture of discipline to maintain high work standards and avoid bureaucracy, allowing them to remain flexible and efficient.
• Companies use the «Flywheel Concept» to understand that success is achieved through consistent and incremental improvements rather than sudden changes.
• Leaders practice «Level 5 Leadership», combining personal humility with professional will to inspire and guide their teams toward long-term success.
• Organizations apply the «Confront the Brutal Facts» method to honestly assess their challenges and make informed decisions based on facts rather than assumptions.