October 2024
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    An interesting book that dives into the factors that created “overnight successes” in the corporate world. I really like the author’s research methodology in choosing the Good to Great companies and the companies they’re compared with. I’m not an expert in research, mind you.

    Turns out that the companies that successfully sustained their transitions had a few factors in common including:

    1. Hiring the right people first, building the right strategy later.

    2. Disciplined and deep thinking about their core strengths. And the discipline to stick to their core when the world yapped at them to move the other way, or to chase after a fad.

    3. Using technology as accelerators rather than change creators.

    4. Focusing on a North Star metric and using it to inform every decision – profit per ton, wallet share per customer, etc.

    5. Brutal candor and the courage to face hard facts.

    Really simple stuff. But it resonated with me because a lot of big tech guys (looking at you Amazon) have their 14 principles or 30 step process.

    Maybe starting with these simplified principles and drilling it into your employees could help solve the lack of meaning in our jobs that a lot of us feel?

    by quiescent_haymaker

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