The Flywheel and the Doom Loop Good to great: Chapter 8

Breakthrough

An accumulation of effort, not overnight success

Perspective

From the outside: Dramatic, revolutionary breakthroughs

From the inside: An organic development process

No miracle moment, no one big thing, and no name or tag line

Beyond Circumstance

Faced same short-term pressures from Wall Street as comparison companies

Harnessed the flywheel to manage short-term pressures

Attained extraordinary results by Wall Street's own measures

The Flywheel Effect

Tremendous power exists in continuing to improve and delivering results.

Tangible accomplishments placed in context create commitment and motivation

The Doom Loop

Common Mistakes

Misguided use of acquisitions

  • Tried to use as to create momentum, to jump start a breakthrough
  • Good-to-great companies used to accelerate after momentum existed

Leaders who stop the flywheel

  • New leadership arrives with new idea for direction
  • Halts progress of previous leader to chase new idea

The Framework

Consistency and coherence: Each factor pushes the flywheel

Consistently apply each concept, and you will breakthrough, moving from good to great

Thank You

Credits:

Created with images by BenjaminNelan - "rain wet water" • dolbinator1000 - "A Gloomy Eye" • WDnetStudio - "fireplace fire flames" • kevin dooley - "Business." • dolbinator1000 - "A Gloomy Eye" • BenjaminNelan - "rain wet water" • kevin dooley - "Business." • dolbinator1000 - "A Gloomy Eye" • kevin dooley - "Business."

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