Tag Archives: Hedgehog Concept

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.

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..

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

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

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 threeContinue reading “Organizations that effectively communicate their WHY adhere to the Hedgehog Concept”

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 theContinue reading “Great organizations use acquisitions to accelerate momentum not create it”

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..

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 doesContinue reading “Great organizations follow this mantra while taking any business decision”

These are the two principles based on which great companies craft their strategies

Firstly , the great organizations craft their strategies around deep understanding of the three circles mentioned in the Hedgehog concept: What can you be BEST in the WORLD at? What are you DEEPLY PASSIONATE about? Is the strategy ECONOMICALLY VIABLE? Secondly the great organizations translate their understanding into a simple , crystalline concept that guidedContinue reading “These are the two principles based on which great companies craft their strategies”