I'm currently going over all my favorite books and thought I'd share some of their wisdom here. 1st on the list is Good to Great by Jim Collins. Let's break it down:
Based on a 5 year-long research of public US companies, Collins and his research team were able to provide some insight on what some companies do differently to go from Good to Great, while other companies remain mediocre or make a short trip to greatness, only to fall back down.
First & foremost, all companies must find their ‘Hedgehog Concept’
The wild hedgehog ALWAYS curls himself up into a ball of spikes when threatened by the cunning fox that's out to hunt it down. But this simple strategy is always efficient & saves the hedgehog’s life every time!