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Good to Great - Coggle Diagram
Good to Great
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Level 5 Leadership
Individual -> Cooperative -> Manager -> Effective Executive -> LEVEL 5 LEADER (Also has traits of all before)
Humble but extremely effective, looks AT THE ENTERPRISE ONLY. Not flashy.
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Management Team
First right people on the bus, wrong people off the bus AND THEN define the roadmap
Compensation attracts great people onto the bus, but doesn't make them work.
Hiring people based on the right and good characteristics, not their education etc. Stuff can be taught, character not.
The 'Genius with 1000 helpers" -> This is how most companies are ran, big shot CEO with servants.
Hedghehog Concept
- What can we be the best in the world at? & What can we not?
- What drives your economic engine? -> What drives profitability
- What are you deeply passionate about? - Not simulating passion but discovering what makes you passionate.
Define your ONE -> Profit per X (It can be more, BUT try to define one)
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The Flywheel
Streps Forward (Consistent with Hedgehog) -> Accumulation of Visible Results -> People Line Up (Energized by Results) -> Flywheel Builds Momentum
The Doom Loop
Disappointing Results -> Reaction (Without Understanding) -> New Direction (Program, Leader, Fad etc..) -> No Buildup/Accumulated Momentum
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