Good to Great Flashcards
What is the first thing that a good to great leader do?
We expected that good-to-great leaders would begin by setting a new vision and strategy. We found instead that they first got the right people on the bus, the wrong people off the bus, and the right people in the right seats— and then they figured out where to drive it.
Are people your most important asset?
People are not your most important asset. The right people are.
Do the good to great companies use technology as the primary means to ignite a transformation?
They never use technology as the primary means of igniting a transformation.
Do the good to great transformations happen in one fell swoop
No, the process resembled relentlessly pushing a giant heavy flywheel in one direction, turn upon turn, building momentum until a point of breakthrough, and beyond
What are the three simple truths that good to great leaders understand?
First, if you begin with “who,” rather than “what,” you can more easily adapt to a changing world. Second, if you have the right people on the bus, the problem of how to motivate and manage people largely goes away. Third, if you have the wrong people, it doesn’t matter whether you discover the right direction; you still won’t have a great company.
What is the ultimate throttle on growth for any great company?
Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
What is the attitude of good to great companies regarding brutal facts of reality?
There is nothing wrong with pursuing a vision for greatness. After all, the good-to-great companies also set out to create greatness. But, unlike the comparison companies, the good-to-great companies continually refined the path to greatness with the brutal facts of reality.
What are the three circles of the Hedgehog Concept?
- What can you be the best in the world at (and equally important, what you cannot be the best in the world at)?
- What drives your economic engine?
- What are you deeply passionate about?