Humility is the cornerstone of any successful business! The author of Good to Great skillfully outlined all the challenges it takes for a business to sustain long term meaningful growth. Jim Collins meticulously outlined that great leaders are not over-indulgent or self-absorbent, but are rather focus on the overall success, and growth of their organizations.
Great leaders are capable of identifying the best possible solution that can optimize even bad, or mediocre companies. Primarily with effective management skills, they have the capabilities to efficiently, and effectively transition any company from Good to Great.
Collins Hedge concept - beautifully outlined the process of self-discovery. Most importantly, it teaches that you should find something that you are passionate about, once you have discovered that one thing - you can put all your passion into it, and work assiduously to create your very own success story.
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Written by Elite Summaries
Please note: This is a detailed summary and analysis of the book and not the original book.
Learned much of this in highschool on FFA projects. The hedgehog concept is good & it does work, however with the evolution of technology it's outdated: the idea of outsourcing tasks to other companies & strategic elements of business to enhance bottom line preformance . What happened to the meat & potatoes of this meal...?