Skip to content

Instantly share code, notes, and snippets.

@rcillo
Last active August 29, 2015 14:21
Show Gist options
  • Star 0 You must be signed in to star a gist
  • Fork 0 You must be signed in to fork a gist
  • Save rcillo/106e4e2bcec1f41c3aed to your computer and use it in GitHub Desktop.
Save rcillo/106e4e2bcec1f41c3aed to your computer and use it in GitHub Desktop.
Good to Great notes

Personal notes

lots of important things might be common between good and great. To be good is not easy

too many analogies: toture, Einstein, hedghog, athletes, air traffic

Fanatically, God-given, inate??? wtf? It seems like a cult

Chapter 1 - Good is the enemy of great

  1. The search
  2. Compared do what?
  3. Inside the black box
  • CEOs came from inside (10 of 11)
  • no link with executive compensations
  • strategy was not key
  • focused on what not to do, and what stop doing
  • technology accelerates transformation, but do not cause it
  • mergers ans acquisitions did not matter
  • no need to motivate, align or manage change
  • some companies were in terrible markets, but they achieved great results anyway
  1. Chaos to Concept
  • disciplined people, thought and action
  • fly-wheel
  1. Level 5 leadership
  2. First Who… Then What
  3. Confront the Brutal Facts (Yet never lose faith)
  4. The Hedghog Concept
  5. A Culture of Discipline
  6. Technology Accelerators
  7. The Flywheel and the Doom Loop
  8. From Good to Great to Built to Last
  • The timeless “Physics” of Good to Great

Chapter 2 - Level 5 Leadership

do not cultivate hero status or executive celebrity status

  • it’s highly valued to have a remarkable online presence (blog, github, twitter, presentations, etc). But some very quite people that I know are just he best.
  • software industry suffers with this (dhh is a race runner)
  • do not recognize others people contributions to the industry
  • they give different names to the same thing, so they can be the “creator” of something

Humility + Will = Level 5

Ambition for the Company: Setting Up Successors for Success

company success over personal fortune

  • not only company, but something bigger than yourself
  • the community, the country, the industry standards

modest, humble

insiders

  • probably because of the huge effort on “who” not “what”
  • correlates to Chapter 3 (First who… then what)

do whaterver needs to be done

plow horse and show horse

window and the mirror (luck)

build something larger and more lasting than themselves

work to become a level 5 (do you have the seed?)

Chapter 3 - First Who… Then What

the right people in the bus (the wrong off)

less need to motivate and manage (exagerated opinion?)

  • what about juniors?

first who, then what

not a “genius with a thousand helpers”

after the genius departs, results are not sustained

it’s who you pay, not how you pay them

focus on skills that are not so “learnable” (work ethic, basic intelligence, dedication, values)

rigorous, not ruthless

focus on firing

  • cut people right upfront if they are not going to make it in the longer term
  • to keep people around for years and not been sure if they are going to make it, that is ruthless. They could go around and find other thing to do with their time.

peer pressure is different from been asshole

How to be rigorous

  1. if in doubt, don’t hire - keep lookin.
  2. when you know you need to make a people change, act.
  • “The moment you feel the need to tightly manage someone, you’ve made a hiring mistake.”
  • talked so much about Douglas Pereiro to Estela… so much wasted energy
  • “Worse, it can drive away the best people. Strong performers are intrinsically motivated by performance”
  • who sits where is important
  1. put your best people on your biggest opportunities, not your biggest problems.

best people in the best opportunities

First who, great companies, and great life

  • balance
  • relationship between people at work place

innate capabilities

  • fit?

Chapter 4 - Confront the Brutal Facts (Yet never lose faith)

the end of the grocery store

facts are better than dreams

worry about real facts, not what the leader is going to think

a climate where the truth is heard

  1. lead with questions, not answers.
  2. engage in dialogue and debate, not coercion.
  3. conduct autopsies, without blame.
  4. build “red flag” mechanims.

unwavering faith amid the brutal facts

  • bold movements, like selling the mills, targeting other markets, moving from nuclear to steel manufacturing, whatever it takes to attain success.

the stockdale paradox

  • For god sake… do not compare this to business.
  • “retain faith that you will prevail in the end and you must also confront the most brutal facts of your current reality”

“number one, number two” ?

“Turning Goals into Results: The Power of Catalytic Mechanisms,” Harvard Business Review, July–August, 1999.

do not waste time motivating people ???

Chapter 5 - The Hedghog Concept (Simplicity Within the Three Circles)

amazon sells everything online, develope their own reader device, provide IaS… ???

what’s estudar hedgehog concept ???

The three circles

what you can be the best in the world at (exagerated???, God-given talent???)

what drives your economic engine

what you are deeply passionate about

Understanding what you can (and can not) be the best at

  • potencializando jovens talentos para terem uma carreira de impacto?
  • o mais capaz em conhecer o jovem
  • o mais capaz em orientá-lo nas suas decisões de carreira

Insight into your economic engine - what is your denominator

  • número de jovens impactados por unidade monetária?

Understanding your passion

The triumph of understanding over bravado

  • one more worthless analogy with Einstein theory

The council

Chapter 6 - A Culture of Discipline

  • self-disciplined people
  • bureaucratic cultures arise to compensate for incompetence
  • stop doing lists

Chapter 7 - Technology Accelerators

  • walgreen: from crawl, to walk, to run

Technology and the Hedhhog

technology and the publication industry? adapt or die???

cable tvs???

phone calls, sms’s and the 3G???

uber and taxis? 99 taxis???

music industry???

video games?

The technology trap

competitive strategy and the “recommendations algorithms”

to not be driven by fear

Chapter 8 - The Flywheel and The Doom Loop

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment