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GOOD IS THE ENEMY OF GREAT - Coggle Diagram
GOOD IS THE ENEMY OF GREAT
Good is the enemy of great
Comfort
No growth
Does good to great happen?
It is not very common, but yes
Findings inside the black box
Merges and acquisitions play no role in igniting a transformation
Under the rigth conditions, the problems melt away
Technology cannot cause a transformarion, only accelerate it
Good to great, unaware of the transformation. Litlle by little.
Focus on what to stop doing and what not to do to become great
Greatness is largely a matter of conscious choice
Strategies used in good and good to great comapnies. No difference
No proof that executive compensation is a key driver in corporate performance
Outside CEO's negative
Best CEOs come from within
Flywheel
A culture of discipline
Culture of discipline + ethic of entrepeneurship = Great performance
Technology Accelerators
Technology is not the means to igniting transformation. Rather, they're pioneers of carefully selected techonolgies.
The hedgedog concept (simplicity within the three circles)
Not stay in producng what we're good, we have to be the best
The Flywheel and the Doom Loop
No revolution, dramatic change and wrenching restructurings
Confront the brutal facts (yet never lose faith)
Unwavering faith that you will prevail in the end, and at the same time confront the facts of your current reality
From Good to Great to built to last
Core values and purpose beyond making money
First who... Then what
Good to great leaders: self-effacing, quiet, reserved, even shy
First get right people, drop wrong people, and right people in the right seat.
Then, figure it out
The RIGHT people are your most important asset