Key summaries from the book "Good to Great"

source (reviewed by Donald Mitchell)

The key conclusions as to "how" included the following:

(1) a series of CEOs (promoted from within) who combined "personal humility and professional will" focused on making a great company;

(2) an initial focus on eliminating weak people, adding top performing ones, and establishing a culture of top talent putting out extraordinary effort;

(3) then shifting attention to staring at and thinking unceasingly about the hardest facts about the company's situation;

(4) using facts to develop a simple concept that is iteratively reconsidered to focus action on improving performance;

(5) establishing and maintaining a corporate culture of discipline built around commitments, with freedom about how to meet those promises;

(6) using technology to accelerate progress when it fits the company's concept of what it wants to become; and

(7) the company builds momentum from consistent efforts behind its concept that are reinforced by success.

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Jamie Larson