The Flywheel Effect by Jim Collins
What drives success – the kind that increases the value of your company year after year?
Whether you call it a recession or not, the economy, and consumer confidence, continue to act as if we are in one. Ninety percent of businesses today have the same #1 objective: growth. In stagnant markets, this makes for an incredibly competitive environment, with stronger companies exploiting every weakness of their competitors.
There are no silver bullets. Sustained revenue growth comes from focused, coordinated, correctly sequenced improvement in a very specific set of skills.
The summary of Jim Collin’s research, Good to Great — The Flywheel Effect, is a great start to understanding those steps.
Read the Article: Good to Great – The Flywheel Effect by Jim Collins (Published in Fast Company, October 2001)