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DIRE
TRANSITION POINT
Fundamental Law No. 1 :
Good is the ENEMY of great.
CULTURE OF DISCIPLINE E
DISCIPLINED ACTION
TECHNOLOGY ACCELERATORS F
Two WRAP-UP concepts of the entire
framework :
LEVEL 5 LEADERSHIP
Old Adage :
People are the most important asset of a
Company.
Right ? wrong !
• Character
• Work ethics
• Intelligence
• Dedication to fulfilling commitments.
• Values
Learnable Attributes :
• Educational Background
• Practical Skills
• Specialised Knowledge.
• Work Experience.
IMPLEMENTING PEOPLE DECISIONS
To be rigorous :
Consistently applying the same exacting standards
at all times – difficult or good times – and for all
levels , especially in upper management.
Some Points :
FOR
PATIENT HEARING
DISCIPLINED THOUGHT
CONCEPT- C :
- Winston S. Churchill
G
ENE
R
KROGER , A & P AND THE MARKET MARK
Cumulative value of $ 1 Invested $3
1959-1973
0
KOGER
KROGER , A & P AND THE MARKET
$198.47
Cumulative value of $ 1 Invested
1973-1998
0
0 GENERALM
RS.
Some Fundamental Rules :
• Charisma may cause filtration of facts, unless conscious efforts are made.
FOXES:
a) Pursue many goals at the same
time.
b) See the world in all its
complexity.
c) Move on many levels.
TWO TYPES OF PEOPLE
HEDGEHOGS:
a) Simplify a complex world into one
simple organizing idea.
b) Create a basic principle or concept
that unifies and guides the
business.
“The essence of profound insight is SIMPLICITY”
c) See what is essential in a big
picture and ignore the rest.
Three Circles of the Hedgehog
Concept:
1. The key is to UNDERSTAND what your
organisation CAN be the best in world at and
equally important what it cannot be the best at –
not what it “wants” to be the best at.
- IT IS AN UNDERSTANDING.
Corollary:
If you cannot be best in the world at your core
business, then
your core business cannot form the basis of your HC.
Drivers of Economic Engine: