Jim Collins is a student and teacher of what make great companies tick and author or co-author of six books, including Good to Great and Built to Last.
The big winners are those who keep turning the #flywheel to a billion turns, not those who abandon a great flywheel too soon.
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The #flywheel is the principle right at the inflection point when companies make the leap from good to great.
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The #flywheel principle is not just a business concept; it is a principle for creating sustained momentum in any human enterprise.
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Companies that apply the #flywheel make a conceptual shift from “running a business” to turning a flywheel. And over time, they extend that flywheel by firing bullets, then cannonballs.
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For a truly great company, the Big Thing is never any specific line of business or product or idea or invention. The Big Thing is your underlying #flywheel architecture, properly conceived.
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A #flywheel must have an underlying, inexorable logic of cause and effect– A drives B, B drives C, C drives D, and so on—generating momentum almost like a chain reaction.
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Once you fully grasp how to create #flywheel momentum in your particular circumstance (as Amazon did), and apply that understanding with creativity and discipline, you get the power of strategic compounding.
Learn more about Turning the Flywheel here: https://t.co/Q0i1aBKcqw
I am excited to share with you that my latest work, Turning the Flywheel: A Monograph to Accompany Good to Great, is available now. I recorded this video to tell you more about this powerful concept and why I wrote this monograph. https://t.co/Q0i1aBsByY
“Why do some people perform better at work than others?” My dear friend, Morten Hansen tackles this question in his new book, Great at Work. Learn more at https://t.co/2jipleuLpN .
Engaging conversation with @RyanHawk12 on The Learning Leader Show talking #GoodtoGreat concepts and what makes great companies tick. https://t.co/3E90CtBpxq