You must buy, borrow, or checkout Good To Great by Jim Collins. It is that good.
Simply put, Good To Great is really a research study. Jim and his team set out to find out how can good, mediocre, and even bad companies achieve not just greatness but enduring greatness. What they found was a small list of companies that met their criteria.
I won’t go into detail about the findings of the book. Why? Because I want you to read it. However, I will share with you some of my key takeaways from Good To Great. They are:
First Who, Then What – Find the right people first before you decide what path you want your company to take.
The Hedgehog Concept – Find out what your company can be the best at and stick with it. Don’t waste your company’s resources (manpower, energy, money, time) by trying to be good in a lot of areas — be great in one area!
The Flywheel and Doom Loop – Once you have the right people and are working towards a goal your company can be great at, keep at it. Don’t change direction and don’t use your energy on some other goal. Momentum generates momentum. If you change direction or plans, you’ll lose momentum.
The book deals with companies but you can apply the findings to your department and yourself.
Do yourself a favor and read this book!