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Tag: Hedgehog Concept

Hedgehog Concept provides Direction in Life

Daily writing prompt
What gives you direction in life?
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Hedgehog Concept provides direction in life by helping you understanding how to channelize your potential in the right direction.

The Hedgehog Concept mentioned by Jim Collins in Good to Great is as follows:

Cal Newport has extended this and enlightened us on the concept of Craftsman Mindset as follows:

Choosing to become a skilled CRAFTSMAN by adopting the CRAFTSMAN MINDSET helps us focus on WHAT we can OFFER to the world.

This is turns would inspire us to hone the skills we are good at, become RARE and VALUABLE and in turn become so good that others cannot ignore us.

To become a CEO of your life, please read the following blog:

Are you lacking DIRECTION in your CAREER?Learn to run your CAREER as a BUSINESS..

May 2, 2024
Are you GENUINELY GOOD at SOMETHING and want to make a CAREER out of it?Use this FRAMEWORK to CONCLUDE..

This piece of self help and motivation has been adopted from Jim Collins’s book Good to Great

The Hedgehog Concept outlined below can help validate and determine whether you are on the right track or not.

The Assessment Framework

January 3, 2021
Wondering whether your PASSION can be converted to a BUSINESS MODEL ?This would help you START..

Adopted from the following great insight shared by Jim Collins from the book Good to Great

The Hedgehog Concept would help you gauge when to START..

November 15, 2020
Are you in search of direction in life?This is your guiding star..

Adopted from the great insight shared by Jim Collins from the book Good to Great illustrates the Hedgehog Concept as the framework..

September 20, 2020
Want to make a career out of your passion?This is the framework to follow

Adopted from the following great insight shared by Jim Collins from the book Good to Great

The HegdeHog concept highlighted in the book is the framework to follow to choose a profession that matches our passion

August 5, 2020
Be it personal lives or business , this framework is the guiding star

Adopted from the following great insight shared by Jim Collins from the book Good to Great highlights the Hedgehog Concept

June 30, 2020
Organizations that effectively communicate their WHY adhere to the Hedgehog Concept
Great organizations have an uncanny knack of communicating their WHY or the reason they exist , in an easily understandable manner..

The Hedgehog Concept is highlighted by three circles wherein the organization tries to operate at the common intersection point of these three circles..

The following three messages form the central theme of the three circles part of the Hedgehog Concept..
1. What are you Deeply Passionate about?
2. What can you be BEST in the WORLD at?
3. Is the strategy economically viable?
Thus adherence to the Hedgehog Concept for any major business decision becomes the mandate for any great organization that effectively communicates its WHY..

Concepts adopted from Jim Collins’s book Good to Great and Simon Sinek’s book Start With Why..
April 17, 2020
Great organizations use acquisitions to accelerate momentum not create it

The key to success of great organizations with acquisitions is that the big acquisitions generally take place only after the development and understanding of the three circles in the Hedgehog Concept and after the flywheel has built significant momentum..

This is what they use acquisitions as a accelerator of momentum not a creator of the same..

Adopted from Jim Collins’s book Good to Great

April 15, 2020
Aligning use of technology with the Hedgehog Concept

The great organizations use technology as the ACCELERATOR of momentum not the CREATOR of it..

Great organizations understand technology first and decide to adopt the relevant technology that aligns with the three circles of the Hedgehog Concept..

Adopted from Jim Collins”s book Good to Great , this is what makes great organizations so successful..

April 14, 2020
Great organizations follow this mantra while taking any business decision

The great organizations as mentioned by Jim Collins in his book Good to Great follow the below simple mantra for any business decision..

“Anything that does not fit with the HEDGEHOG concept they do not do”

They do not launch unrelated businesses , do not make unrelated acquisitions , unrelated joint ventures..

If it does not fit they do not do..

April 14, 2020