Good to Great

By:Rob Gerrie

Halyna RomanyukAnthony Reimert

Scott LygoVicky Anton

Agenda

Jim Collins Myths The Right Idea The Right People The Right Actions Summary

Jim Collins

“Good to Great” By Jim Collins Researched 1435 Companies Over 5 Years Compared With Economic Standards

The Myths

Change Program Myth Burning Platform Myth Stock Option Myth Fear-Driven Change Myth Acquisitions Myth Technology-Driven Myth Revolution Myth

The Right Idea

The Flywheel– Slowly Gain Momentum– Mass x Velocity– Breakthrough Point– Step By Step Success

The Right Idea

Hedgehog vs. Fox Theory

- Fox Knows Many Things

- Hedgehogs Know One Thing Darwin and Evolution

The Right Idea

The Right People

Bus Analogy Leaders start not with WHERE, but with

WHO

The Right People

Leaders – Get the RIGHT People ON the Bus– Get the WRONG People OFF the Bus– Get the RIGHT People in the RIGHT Seats

David Maxwell’s bus ride example

The Right People

Advantages– Adapt to a Fast-Changing World– Right people are Self-Motivated– Wrong People – Nothing Else Matters

The Right Actions

Stop-Doing List– Most Companies Have to-do Lists a Mile Long– School Work Analogy – Well Prioritized List– Kimberly-Clark Example– How to Get Flywheel Rolling

Summary

Jim Collin’s Quote Recap To Become a Great Company one must find

the RIGHT IDEA, the RIGHT PEOPLE, and the RIGHT ACTIONS.