Collins also emphasizes that hedgehog concepts can only be created through sustained debate, with most goodtogreat companies taking at least four years to clarify theirs. The hedgehog concept is not a vision or strategy, but an understanding. This book discusses concepts like level 5 leadership. Hedgehog companies are simple creatures that know one big thing and stick to it. Jan 07, 2011 moving schools from good to great simplify a complex world into a single organizing idea, a basic principle or concept that unifies and guides everything. The hedgehog concept was originally based on an ancient greek parable which stated, the fox knows many things, but the hedgehog knows one big thing. The fox keeps coming up with new ideas to eat the hedgehog. Good to great is divided into 9 chapters, which represent the key elements of the book. The hedgehog concept comes for the old greek parable about a hedgehog and a fox which states the following. What are some links from which i can download jim collins books.
The pivot point in good to great is the hedgehog concept. You can watch my complete free 20 minute video summary of good to great by jim collins on our site at. The fox knows many things, but the hedgehog knows one big thing. From jim collins book good to great, the hedgehog concept helps your organization focus on three main areas. All concepts summarised in this presentation belong to the author of the book. This problem is addressed in this small addon good to great and the social sectors, a small read that makes it clear on how nonprofits can still apply good to great values to their own organizations with mission not profit in mind.
Instead, they link technology w ith the hedgehog concept that is, they will adopt a new technology only if it accelerates their perfo. The classic book good to great, authored by stanford business school professor jim collins shows us why some companies make the leap while from good to great, while other companies dont. Good to great by jim collins cliff notes max hodgen. If level 5 is about ambition first and foremost about the cause, the company, the worknot yourselfcombined with the will to make good on that ambition, then how can each of us as individuals learn to take actions consistent. Nonprofits still need to have the right people on the bus, level 5 leadership, and need to have a hedgehog, but collins. In the concluding chapter of good to great, collins makes a connection between this book and his previous work, built to last, which represented the findings of a sixyear study into the factors that. Why some companies make the leap and others dont was published by harperbusiness in 2001 to international acclaim, both publisher and author jim collins were intrigued. They have great freedom and entrepreneurshipbut always within a culture of discipline. Nov 08, 20 in good to great collins notes that it took four years on average for the goodtogreat companies to get a hedgehog concept. Its the simple idea that is at the intersection of three circles. The concept is drawn from a greek poem in which a cunning fox tries and.
May 04, 2016 the hedgehog concept is from the book good to great by jim collins. The hedgehog concept is developed in the book good to great. Ppt good to great powerpoint presentation free to view. Collins that describes how companies transition from being good companies to great companies, and. Use features like bookmarks, note taking and highlighting while reading good to great. Download it once and read it on your kindle device, pc, phones or tablets.
The essence of a hedgehog concept is to attain piercing clarity about how to produce the best longterm results, and then exercising the relentless discipline to say, no thank you to opportunities that fail the hedgehog test. A simple, crystalline concept that flows from deep understanding about the intersection of three circles. Oct 28, 2018 you can watch my complete free 20 minute video summary of good to great by jim collins on our site at. All good to great companies have a hedgehog concept.
Goodtogreat companies dont get caught up in new technology fads. Transformations from good to great come about by a series of good decisions made consistently with a hedgehog concept, supremely well executed, accumulating one upon another, over a long period of time. Second, the goodtogreat companies translated that understanding into a simple, crystalline concept that guided all their effortshence the term hedgehog concept. Most people and companies would probably choose to be a fox. Analyzing 28 companies in 3 categories goodtogreat, direct comparison and unsustained comparison over the span of 30 years, jim and his team looked at which companies went from average or subpar stock market. More precisely, a hedgehog concept is a simple, crystalline concept that flows from deep understanding about the intersection of the following three circles. The hedgehog concept organizations should only do what they 1 can be great at, 2 can make money at and 3 have a passion for doing. Collins introduces new management concepts, such as level 5 leaders, the hedgehog concept, and the culture of discipline, which are essential to the success of goodtogreat companies. The hedgehog concept was first introduced in the book good to great, by jim collins. So this book examines indepth companies that successfully transitioned from good to great. The hedgehog concept is from the book good to great by jim collins. Along with his research team, collins found that the hedgehog concepts used to guide goodtogreat companies were generally developed based on understanding of three key dimensions of a company.
Pdf good to great by jim collins ankur puri academia. Disciplined thought hedgehog concept 12 good to great summary. Now that you have a level 5 leader, the right people on the bus, confronted brutal facts about you and business and gained deep understanding of your hedgehog concept, it is now time to. The classic book good to great, authored by stanford business school professor jim collins shows us why some companies make the.
Given the choice between being a fox or a hedgehog which one would you choose. Good to great page 1 main idea can a good company become great, and if so, how does that transition process occur. A list of jim collinss core concepts that you can find throughout his books. From the author of built to last, good to great outlines a model for turning a good, average or even mediocre company into a great one. Comparison companies, in contrast, often launched ventures and acquisitions that had little to do with their core concepts. Good to great companies set their goals and strategies based on understanding. This guide contains key points from the book along with discussion questions. Good is the enemy of great theme of the book discovering what made good companies great. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the conquest of how to make good. Collins notes that goodtogreat companies consistently turned down even onceinalifetime opportunities when those opportunities did not match the companys hedgehog concept. The search a six month long financial analysis looking for companies that showed the following basic pattern.
Some found it hard to develop, but no matter how awful they were at the start of the process, they all prevailed in the search for a hedgehog. Jim collins concepts the hedgehog concept good to great. Hedgehog concept in the business sectors good to great. Jim collins good to great read and download epub, pdf. Moving schools from good to great hedgehog concept. One of the later chapters attempts to converg e the two studies to show how a company can. Mar 09, 2019 collins introduces new management concepts, such as level 5 leaders, the hedgehog concept, and the culture of discipline, which are essential to the success of goodtogreat companies. Another perhaps startling fact is that strategy did not separate. When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. That is, if the new technology is unrelated or will provide no new opportunities then they will not spend time on it. Business researcher and consultant, jim collins, used this concept as a metaphor for business in his influential book, good to great. The hedgehog concept perhaps the most important guiding principal, the hedgehog concept was used by every one of the businesses to find their area of focus and apply a laserbeam like precision to their.
Hedgehog concept in the social sectors good to great. The study confirmed that it can be done, and the differences do not appear to be in the amount of effort it takes. The hedgehog concept simplicity within the three circles. Some found it hard to develop, but no matter how awful they were at the start of the process, they all prevailed in the search for a hedgehog concept. Good to great by jim collins book summary and pdf book. Why some companies make the leap and others dont jim collins the thesis of the book is that greatness is largely a matter of choice. Thus, money may not be as crucial in getting the right people on the bus as the opportunity. Moving schools from good to great simplify a complex world into a single organizing idea, a basic principle or concept that unifies and guides everything. To go from good to great requires transcending the curse of competence. The hedgehog conceptrethinking the economic engine without a profit motive. However, jim points out that the good to great companies dont pursue new technologies unless they fit in with their hedgehog concept.
Getting the hedgehog concept is an iterative process. In a very readable format, with bulletpoint summaries at the end of every subject area, collin s writes about what the good to greatcompanies did and did not do. The hedgehog concept is a corporate leadership strategy outlined in jim collins 2001 book, good to great. But, finding it means that my work is much more fulfilling and i hope that asking the question might help you find your hedgehog concept as well. The good to great companies have great track records for technological innovation and leadership, but they do not jerk around pursuing the latest thing. Overall, good to great is an absolute classic business book and one that we recommend you read. Going from good to great is like pushing a heavy flywheel until it begins to have some momentum. What are some links from which i can download jim collins. The sixth characteristic is the disciplined use of technology as an accelerator. Read an article derived from the good to great research.
Order good to great from amazon the original hedgehog concept came from an essay by isaiah berlin in which he talks about leo tolstoys theory of history. Foxes pursue many ends at the same time and see the. Good is the enemy of great the process going from good to great is a process of build up followed by breakthrough. The key to going from good to great is to get the right people onboard, engaging in critical thinking, then taking disciplined action aligned with the hedgehog concept. Jim collins, already established as one of the most influential management consultants, further established his credibility with the wildly popular good to great. In continuing with the current theme of good to great, i would now like to explore the idea that jim collins put forth which he dubbed the hedgehog concept. Usa today ran a nice article today on good to great, written by jim collins, and its exploding popularity heres some highlights from the book. As i said, im trying to make this website the best book summary website in. In good to great collins notes that it took four years on average for the goodtogreat companies to get a hedgehog concept.
In this article, well explain the concept and show how you can apply it to your organization. Collins calls this the hedgehog concept, doing one thing and doing it well. The concept is drawn from a greek poem in which a cunning fox tries and continually fails to eat a hedgehog who was always able to roll into a ball at the key moment. Apr 21, 2020 the hedgehog concept is a corporate leadership strategy outlined in jim collins 2001 book, good to great. Good to great by jim collins cliff notes max hodgen chapter 1. Why some companies make the leap and others dont was published by harperbusiness in 2001 to international acclaim, both publisher and author jim collins were intrigued to discover that a significant number of the books purchasers and readers came from the nonprofit sector. In his book good to great, he uses the parable of the clever, devious fox and the simple hedgehog. The book includes a useful model which brings all the theory.
Technology is used by good to great companies as an accelerator, not a creator of growth. Another perhaps startling fact is that strategy did not separate the goodtogreat companys from the comparison companies. First who, then what first get the right people on the bus, then figure out where to drive it. May 04, 2016 good to great is the book that answers the question the previous one raises. He also brings up the idea of what he calls the council, which is a group of people devoted to working through the three circles in order to find the hedgehog concept. Good to great organizations are like hedgehogs simple creatures that know one big thing and stick to it. Core concepts from jim collins good to great faithmaps blog. The hedgehog concept is not a vision or strategy, but an. When you figure it out it just seems right, it is not some startling revelation.
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