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Business literature

Good to Great

Original titleeng. Good to Great · 2001
Prepared by the Litseller editorial team. Our goal is to share concise, accurate, and valuable book summaries for personal growth and education.

Implementation Notes

  • Level 5 Leadership: Level 5 leaders combine personal humility with professional will. They prioritize the company's interests above their own and strive for long-term success.
  • First Who, Then What: It's important to first assemble the right team, then decide where to go. Having the right people in the right places ensures the company's success.
  • Confront the Brutal Facts: Companies must be ready to honestly face their problems and not shy away from tough questions. Only then can they find the right solutions.
  • Hedgehog Concept: Find the intersection of three circles: what you can be the best in the world at, what you are truly passionate about, and what drives economic benefit. This helps focus on what matters most.
  • Culture of Discipline: Create a culture where discipline is the foundation. This includes not only discipline in actions but also in thinking.
  • Technology Accelerators: Use technology as a means to accelerate progress, but don't rely on it as the main solution. Technology should support the strategy, not define it.
  • Flywheel and the Loop: Success comes gradually through consistent and deliberate efforts. Each action should contribute to accelerating the flywheel, creating a cumulative effect.
Good to Great
Date of publication: 3 July 2024
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Good to Great
Author
Original titleeng. Good to Great · 2001