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Tag: Jim Collins

  • This piece of advice differentiates the GREAT from the GOOD

    Those who turn GREAT are motivated by a deep sense of creative urge and inner compulsion for sheer unadulterated excellence for its own sake..

    Those who build and perpetuate MEDIOCRITY are motivated more by the fear of being left behind..

    Adopted from Jim Collins’s book Good to Great

  • An enduring culture of discipline cannot be built with force

    Great organizations led by Level 5 leaders build an enduring culture of discipline whereas comparison companies who are led by talented yet not Level 5 leaders tend to personally discipline the organization through sheer force.

    This comparison is a leadership masterclass and shows why Level 5 leadership is so difficult to attain..

    Adopted from Jim Collins’s book Good to Great

  • Great organizations build consistent systems with clear constraints

    The great organizations build consistent systems with clear constraints..

    Along with this they also give the people freedom and responsibility within the framework of the system..

    They hire self disciplined system who do not need to be managed , manage the system and not the people..

    Adopted from Jim Collins’s book Good to Great..

  • 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:
      1. What can you be BEST in the WORLD at?
      2. What are you DEEPLY PASSIONATE about?
      3. Is the strategy ECONOMICALLY VIABLE?
    • Secondly the great organizations translate their understanding into a simple , crystalline concept that guided all the efforts

    Adopted from Jim Collins’s  book Good to Great

  • The Doom Loop that leads to the demise of finite minded organizations

    Adopted from Jim Collins’s book Good to Great the following image shows the Doom Loop that because of its short sighted nature leads to the demise of all such finite minded organizations..

  • Flywheel Effect Framework to scale up great organizations

    Great Organizations led by Level 5 leaders , identify breakthrough then build transformation using the following Flywheel Effect based framework

    The framework has been illustrated below

    Adopted from Jim Collins’s book Good To Great

  • What is the Creative Discipline Matrix followed by great organizations?

    The below plot of Ethic of Entrepreneurship vs Culture of Discipline which is part of the creative discipline matrix, suggests that Great Organizations inculcate the spirit of Entrepreneurship while at the same time remain with the framework of Discipline to create a long lasting impact year on year.

    Adopted from Jim Collins’s book Good to Great

  • Contrasting Approaches between Level 5 and Egocentric Leaders

    Level 5 vs Egocentric Leaders

    The above image shows the subtle difference in approach between Level 5 and comparison Egocentric leaders

    The approach adopted by Level 5 leaders lead to long lasting results

    Adopted from Jim Collins’s book Good To Great

  • Understanding the Level 5 leadership hierarchy

    Level 5 leadership hierarchy

    The image shows the journey from a Level 1 leader to a visionary Level 5 leader

    Needless to say the journey is a gruelling one and only the best of the best can dare to reach the top

    Adopted from Jim Collins’s book Good To Great

  • Hedgehog vs Fox , whom do great organizations replicate?

    Whereas a Hedgehog is FOCUSED towards its goal , a FOX even though more powerful and cunning works in a Scattered , diffused and inconsistent manner..

    A company which adopts a HEDGEHOG concept is focused like a hedgehog knowing their own limitations and operate within the bounds of the Hedgehog framework..

    Companies which have potential to be great but never quite reach there are like foxes wherein in spite of being street smart they cannot quite be disciplined to be within the bounds of the Hedgehog Framework..

    Adopted from Jim Collins’s book Good to Great