Good2 great jim collins
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Good2 great jim collins Presentation Transcript

  • 1. GOOD TO GREAT JIM COLLINS
  • 2. Disciplined people- no hierarchyDisciplined thought- no bureaucracyDiscipline action- no controls
  • 3. 1. Level 52. First who…then what3. Confront the brutal facts4. Hedgehog (simplicity)5. Culture of discipline (P-T-A)6. Technology Accelerators
  • 4. LEVEL 5 SELF EFFICACY QUIET RESERVEDPERSONAL HUMILITYPROFESSIONAL WILL
  • 5. Culture of Discipline + ethic ofentrepreneurship = alchemy ofgreat performanceGood to great = sustained greatresults= built to last = enduringgreat company
  • 6. LEVEL 5 executive Effective leader Competent managerContributing team leaderHighly capable individual
  • 7. HIGHLY CAPABLE INDIVIDUALPRODUCTIVE CONTRIBUTIONwith talent, knowledge, skills andgood work habits
  • 8. Contributing team leaderContributing individualcapabilities to group objectivesand works effectively
  • 9. Competent managerOrganizing , people, resourceseffectively and efficiently for thepursuit of pre determinedobjectives
  • 10. Effective leaderCatalyzes commitment to andvigorous pursuit of visionstimulating higher performancestandards
  • 11. Level 5 executive Incredible ambitionEnduring personal humility and professional will
  • 12. Modest & willful + humble &fearless “have unwavering RESOLVE to ‘what must be done’”
  • 13. Professional will Personal humility• creating results • compelling modesty• unwavering resolve • calm determination,•“will settle for relies on inspiringnothing less” standards•Looks in mirror for • channels ambitionpoor results •Looks out window for good results
  • 14. • lead with questions, but not answers•Engage in dialogue and debate notcoercion• conduct autopsies, without blame• build red flag mechanisms that “theinformation can’t be IGNORED”
  • 15. STOCKDALE PARADOX RETAIN FATIH & CONFRONT FACT
  • 16. THE HEDGE HOG CONCEPT •WHAT YOU ARE DEEPLY PASSIONATE ABOUT •WHAT YOU CAN BE THE BEST IN THE WORLD AT •WHAT DRIVES YOUR ECONOMIC ENGINE
  • 17. ACTION ON THE HEAR SAY WITHHEDGE HOG CONCEPT- ANITERATIVE PROCESS
  • 18. •X AXIS- ETHIC OFENTREPRENEURSHIP•Y AXIS- CULTURE OFDICIPLINE•BUREAUCRATIC- START UP-HIERARCHIAL- GREAT ORGN
  • 19. A CULTURE OF DISCIPLINEIt is about getting disciplinedpeople with disciplined thoughtfor disciplined actionIt takes discipline to say “No,thank you” to big once in a lifetime opportunityHave a “stop doing list” which ismore important than “to do” lists
  • 20. Nucor’s three circles•Passion- for eliminating class distinctionsand creating an egalitarian meritocracy thataligns management, labor, and financialinterests•Could become the best in the world- atharnessing culture and technology toproduce low cost steel•Economic ENGINE- of profit per ton offinished steel
  • 21. Technology accelerators“crawl, walk, run” is the veryeffective approach in rapid andradical technological change
  • 22. The fly wheel effectConsistency & coherenceLet results do most of the talking andaccelerate momentum“it is your work in life that is theultimate seduction”- Pablo Picasso
  • 23. Built to last“preserve the core (values andpurpose), and stimulate progress(cultural and operating practices,specific goals and strategies)”•Clock building, not time telling•Genius of AND•Core ideology•Preserve the core/ stimulate progress Big Hairy Audacious Goal- BHAG