July 2013
http//www.experts-visions.com
Lansana.sakho@experts-visions.com
The company to -go for providing added value to ...
2July 2013
Good to Great
nChicken in the egg was:
Ø Evolving
Ø Growing
Ø Developing
Ø Changing
3July 2013
Good to Great
n Average company for over
40 years
n 1975 it began to climb, and
climb and climb
n Beat the gene...
4July 2013
Good to Great
The flywheel effect
nRight now, your flywheel is at a
standstill
nPut your shoulder into it…. And...
5July 2013
Good to Great
HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAP...
6July 2013
Good to Great
§What happens when companies
don’t commit to the quiet
discipline of slow, progressive
change?
n ...
7July 2013
Good to Great
§Companies that fall into the Doom
Loop want change over night
n They bring in a new leader, who ...
8July 2013
Good to Great
§Real people want to
contribute to produce
real results
n Feel the magic of
momentum
n That’s how...
9July 2013
Good to Great
HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAP...
10July 2013
Good to Great
Fox and the Hedgehog
DISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGH...
11July 2013
Good to Great
n All good to great leaders are
hedgehogs
n But why : They ask three
piercing questions
DISCIPLI...
12July 2013
Good to Great
Wells Fargo
n Initially in global bank,
was mediocre
n Switched company
philosophy and industry
...
13July 2013
Good to Great
DISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTION
n Good to Great
leaders...
14July 2013
Good to Great
n Started in the paper mill
industry
n Decided to change focus
n The consumer business was
best ...
15July 2013
Good to Great
nChicken in the egg was:
Ø Evolving
Ø Growing
Ø Developing
Ø Changing
16July 2013
Good to Great
We called for change in ‘2000
nThe plan was to become
‘Good’ and then move forward
‘Great’
We de...
17July 2013
Good to Great
‘2012 we called for another change
Same plan : becoming Good
Brutal Facts
§Lack of vision
§Many ...
18July 2013
Good to Great
We’ll probably call for another
change in ‘2017 but we’ll never
get there : becoming Good
u Medi...
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Good to great

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Good to great

  1. 1. July 2013 http//www.experts-visions.com Lansana.sakho@experts-visions.com The company to -go for providing added value to your business GOOD TO GREAT Inspired by Jim Collins’ book Good to Great
  2. 2. 2July 2013 Good to Great nChicken in the egg was: Ø Evolving Ø Growing Ø Developing Ø Changing
  3. 3. 3July 2013 Good to Great n Average company for over 40 years n 1975 it began to climb, and climb and climb n Beat the general stock market by 15 times n How do we pinpoint Walgreens’ ‘good-to-great’ transformation?
  4. 4. 4July 2013 Good to Great The flywheel effect nRight now, your flywheel is at a standstill nPut your shoulder into it…. And push! nEventually get some forward movement…. nNo longer pushing alone HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN
  5. 5. 5July 2013 Good to Great HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN The flywheel effect nThe faster you go, the more people you have joining you nMomentum starts working in your favor nAren’t pushing any harder, but wheel keeps accelerating nThat’s how companies make the transition from good to great
  6. 6. 6July 2013 Good to Great §What happens when companies don’t commit to the quiet discipline of slow, progressive change? n They fall into….. The DOOM LOOP! HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN
  7. 7. 7July 2013 Good to Great §Companies that fall into the Doom Loop want change over night n They bring in a new leader, who takes them in a new direction n See the pattern? HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN Walter-Lambert Ca. n1979 – Started as consumer products n1980 – Healthcare n1981 – Return to consumer products n1987 – Global pharmaceuticals n1990’s – Return to consumer products n2000 – Swallowed by Pfizer
  8. 8. 8July 2013 Good to Great §Real people want to contribute to produce real results n Feel the magic of momentum n That’s how change really happens…. HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN
  9. 9. 9July 2013 Good to Great HOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPENHOW CHANGE DOSENHOW CHANGE DOSEN’’T HAPPENT HAPPEN u Mediocre people equal mediocre results u If you have the wrong people, nothing else matters Fannie Mae 14 of 26 executives “got off the bus” before good to great changes occurred, no questions asked
  10. 10. 10July 2013 Good to Great Fox and the Hedgehog DISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHT n A Greek Parable explains that ØFoxes know many small things ØHedgehogs know one big thing
  11. 11. 11July 2013 Good to Great n All good to great leaders are hedgehogs n But why : They ask three piercing questions DISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHT Ø What can we be the best in the world at? Ø What is the economic denominator that drives cash flow? Ø What are our core people passionate about?
  12. 12. 12July 2013 Good to Great Wells Fargo n Initially in global bank, was mediocre n Switched company philosophy and industry n New mantra and drive for employees n Led to success DISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHTDISCIPLINED THOUGHT
  13. 13. 13July 2013 Good to Great DISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTION n Good to Great leaders distinguish themselves n Decide what not to do n If it doesn’t fit tightly within your Hedgehog Con- cept, don’t do it
  14. 14. 14July 2013 Good to Great n Started in the paper mill industry n Decided to change focus n The consumer business was best for the company DISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTIONDISCIPLINED ACTION n One magazine wrote § “Kimberly-Clark making the switch was a dumb idea” § 21 years later that same magazine wrote “as it turns out it was a smart one”
  15. 15. 15July 2013 Good to Great nChicken in the egg was: Ø Evolving Ø Growing Ø Developing Ø Changing
  16. 16. 16July 2013 Good to Great We called for change in ‘2000 nThe plan was to become ‘Good’ and then move forward ‘Great’ We definitely failed and got into….. The DOOM LOOP!
  17. 17. 17July 2013 Good to Great ‘2012 we called for another change Same plan : becoming Good Brutal Facts §Lack of vision §Many small things… §Wrong people on the bus §Plan to change over night Another DOOM LOOP ?
  18. 18. 18July 2013 Good to Great We’ll probably call for another change in ‘2017 but we’ll never get there : becoming Good u Mediocre people equal mediocre results u If you have the wrong people, nothing else matters
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