6 Ways to Go from Good to Great

What we can learn from Good-to-great companies?

How does strategic management differ at good-to-great companies versus mediocre ones?

# Finding a simple “Hedgehog concept (Shaded part – Intersection of passion, skill, and economic value)“ provides a clear path to follow.

 

# Success comes from many tiny incremental pushes in the right direction.

New technology should be viewed only as an accelerator toward a goal, not as a goal itself.

How do the people and culture differ at good-to-great companies versus mediocre ones?

Team drives successful transformations from good to great. Right people in the right place are the foundation of greatness.

Success requires confronting the nasty facts, while never losing faith. Leaders must create an environment where the brutal facts are aired without hesitation.

A culture of rigorous self-discipline is needed to adhere to the simple Hedgehog concept.

Follow the above steps to build a great company.

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