Business Counsel A Forum for Ideas and Exchange: Jim Collin's Good to Great-- Management

Business Council: A Forum for Ideas and Exchange
Intellect by Lori Williams
Chief Strategist for LW and Associates
and Founder of Business Simply Put

http://blog.lwandassociates.com

Business Simply Put

Business Simply Put provides entrepreneurs and small companies with the information they need to start, operate and grow their business.

Business Simply Put offers E-classes, E-books and E-Advice.

To Learn More Visit www.BusinessSimplyPut.com
About Lori Williams

Lori Williams has over 15 years of experience in strategic planning, marketing, operations and finance. She has functioned as a business owner, corporate officer and consultant in a variety of industries.

Through a combination of real life experiences and academia, she has developed a unique balance of intellect, experience and interpersonal skills.

Lori is the owner of a LW and Associates, a business consulting firm specializing in strategy and finance. As the Chief Strategist, Lori provides businesses with growth strategies designed to increase revenues, profitability and build long-term sustainable growth.

In 2007 Lori founded Business Simply Put, a division and registered trade mark of LW and Associates, to provide smaller companies with affordable high-level information and advice. Business Simply Put offers professionals access to business intelligence on key topics specific to small and medium-sized companies. This includes a wide variety of forums, including classes, seminars, webinar, teleseminars, and products such as E-Books and E-Resources. Lori recognized the need for sound, simplified business wisdom and by combining experience, expertise and technology; she designed products and services affordable to smaller companies.

Lori holds an MBA from Pepperdine University, BS Business and Management, an AA in Medical Science and a Practitioner’s license in NeuroLinguistic Programming. She is an adjunct professor at the Lloyd Grief Center for Entrepreneurial Studies at USC, teaching the Business Plan Class and Feasibility Studies. She has been a requested speaker at business organizations and has addressed esteemed audiences such as the IBM Big Blue Alumni, City Club, World Savings Bank, Citibank, and members of the Small Business Development Center located in California and Texas.

Lori is a published author. Her EBooks are distributed through Amazon, Barnes and Noble and Linkedin. She self-promotes her classes, seminars and workshops, in which she is solely responsible for content and delivery.

She has an abundance of energy and believes anything is possible if you work hard and are committed to your dream.

To contact Lori: Lori@BusinessSimplyPut.com
lori@lwandassociates.com

Blog Post
Search

Search only in titles: Keyword:

Search in:

Date Range:

Advanced Search

Basic Search
Back to Main Page
Category Archives
Recent Comments
1. Aaj Kamran Khan Kay Sath on Technology--Can be an Asset or a Liability
  5/21/2012
2. how to remove a mole yourself on Technology--Can be an Asset or a Liability
  5/11/2012
3. Summer Training In Noida on California's Financial Crisis
  5/8/2012
4. Mobile software Development on Finding Qualified Buyers
  4/21/2012
5. 20000 airports on Finding Qualified Buyers
  4/19/2012
6. currency rate in pakistan on What is a Leader
  4/5/2012
7. KSE on Measuring Financial Relationships
  3/31/2012
8. Milling company in China on Finding Qualified Buyers
  3/17/2012
9. Karachi Stock Exchange on What is the appropriate selling point?
  3/9/2012
10. Chhipa Ambulance on Marketing for Service Firms
  12/21/2011
Recent Posts
1. Small and mid-sized companies need to think strategically
  Monday, May 21, 2012
2. Finance Information--Must Know's
  Monday, May 14, 2012
3. Research market conditions
  Tuesday, April 24, 2012
4. Strategic Planning - What to Consider
  Tuesday, April 17, 2012
5. Developing Brand Strategies for Services
  Tuesday, April 10, 2012
6. Recession, Regression, Reconstruction—where are we now?
  Tuesday, April 03, 2012
7. False Perceptions-A Destructive Force
  Tuesday, March 27, 2012
8. Operations--Striving for Effeciency
  Tuesday, March 13, 2012
9. Positive Conflict in Business
  Tuesday, March 06, 2012
10. Small businesses –the cost of getting financing
  Tuesday, February 28, 2012
Archive List

Business Counsel A Forum for Ideas and Exchange: Jim Collin's Good to Great-- Management

Jim Collin's Good to Great-- Management

In the end it comes down to people --- management determines how well those people perform. I have written endless articles, blogs and delivered numerous speeches on the topic of management. After consulting with companies for over twenty years I am convinced that management is the single factor that can make or break a company.

I talk about this in my latest summary, 60 Key Essentials for Business Success, Leadership, Strategy, Finance, Operations, Marketing and Sales (can be purchased at www.BusinessSimplyPut.com).

In chapter 8 of Jim Collin's Good to Great he addresses the "human aspect" with the concept of the Flywheel and the DoomLoop.

Steps Forward Consistent with the Hedgehog Concept-G-t-G companies are about a cumulative process –step by step, decision by decision, turn by turn of the flywheel = sustained and spectacular results
Like pushing a giant heavy flywheel it takes effort, persistence, discipline, focus. Ultimately the flywheel gains momentum.
Accumulation of Visible Results-The end result is dramatic but the transformation does not happen in one fell swoop, no defining moment, no single program, no brilliant insight by a charismatic leader, not a miracle, not from luck
People Line Up, energized by Results-The movement does not require motivational speeches, to keep moving the commitment takes care of itself Alignment of culture follows from results not the other way around
The flywheel Builds Momentum-Consistency and coherence within the system reinforces itself 1+1= 4
For Good-to-Great organizations acquisitions come after breakthrough and are within the three circles
Conversely, comparison companies develop a doomloop. Inconsistent management direction, changing focus stopping and starting with the latest management or technology fad had the reverse effect.