Good to Great

Key Concepts and Strategies

The main concepts and strategies outlined in Jim Collins' book «Good to Great» include:
1.Level 5 Leaders: Great companies are led by leaders who combine personal humility and professional will.
2.First Who, Then What: Successful companies first get the right people on board, then determine the strategy.
3.Confront the Brutal Facts: Companies must be willing to acknowledge and confront harsh realities without losing faith in success.
4.Hedgehog Concept: Companies should find the intersection of three circles: what they can be the best in the world at, what drives their economic engine, and what they are passionate about.
5.Culture of Discipline: Great companies create a culture where discipline is the foundation, not bureaucracy.
6.Technology Accelerators: Technology is used as an accelerator, not as the foundation of transformation.
7.Flywheel and the Loop: Transformation happens gradually, like turning a flywheel, rather than through sudden leaps.