Download Good to Great - U of L Class Index

Good to Great
By:
Rob Gerrie
Halyna Romanyuk
Anthony Reimert
Scott Lygo
Vicky Anton
Agenda
 Jim Collins
 Myths
 The Right Idea
 The Right People
 The Right Actions
 Summary
Jim Collins
 “Good to Great” By Jim Collins
 Researched 1435 Companies Over 5 Years
 Compared With Economic Standards
The Myths
 Change Program Myth
 Burning Platform Myth
 Stock Option Myth
 Fear-Driven Change Myth
 Acquisitions Myth
 Technology-Driven Myth
 Revolution Myth
The Right Idea
 The Flywheel
– Slowly Gain Momentum
– Mass x Velocity
– Breakthrough Point
– Step By Step Success
The Right Idea
 Hedgehog vs. Fox Theory
- Fox Knows Many Things
- Hedgehogs Know One Thing
 Darwin and Evolution
The Right Idea
The Right People
 Bus Analogy
 Leaders start not with WHERE, but with
WHO
The Right People
 Leaders
– Get the RIGHT People ON the Bus
– Get the WRONG People OFF the Bus
– Get the RIGHT People in the RIGHT Seats
 David Maxwell’s bus ride example
The Right People
 Advantages
– Adapt to a Fast-Changing World
– Right people are Self-Motivated
– Wrong People – Nothing Else Matters
The Right Actions
 Stop-Doing List
– Most Companies Have to-do Lists a Mile Long
– School Work Analogy
– Well Prioritized List
– Kimberly-Clark Example
– How to Get Flywheel Rolling
Summary
 Jim Collin’s Quote
 Recap
 To Become a Great Company one must find
the RIGHT IDEA, the RIGHT PEOPLE,
and the RIGHT ACTIONS.