Have you wanted to move your company from Good to Great? Jim Collins offered 12 Questions to help you do exactly that at the recent Australian Growth Summit.
Strategic Discipline Blog
This week I reintroduce the concept of SMaC to one of my customers in our Trimester Planning meeting. SMaC stands for Simple, Methodical and Consistent, as presented in Great by Choice by Jim Collins. I was struck by the irony SMaC reveals about successful companies. Most everyone acknowledges how difficult it is to accomplish change. Yet in Great by Choice their research discovered that poor performing companies change frequently, while great companies change less often. At a scale of 4 to 1.
Overuse. In the Power of Full Engagement the authors use an example of a sprinter versus a long distance runner. The picture here suggests the contrast of someone who is constantly overusing their energy resources versus the person who recovers after short sprints. Underuse could dramatically show someone who is obese, fails to exercise at all. Yet the important thing to recognize is the critical balance we must make in using our energy and not using it.
When Andy Grove, CEO of Intel, discovered in 1994 that he may have a tumor the size of a cube of sugar growing in his prostate gland he didn’t take the immediate step his doctor suggested. Visit his urologist.
Why all this focus on Great by Choice?