Good To Great: Why Some Companies Make The Leap and Others Don'T Farzin Fardiss, Pars Saman Board Member
Good To Great: Why Some Companies Make The Leap and Others Don'T Farzin Fardiss, Pars Saman Board Member
Good To Great: Why Some Companies Make The Leap and Others Don'T Farzin Fardiss, Pars Saman Board Member
Yes
great if it consistently applies the
concepts and ideas that will be
presented in this presentation.
Before we begin, what is
considered a Great company
Great companies have
returns that are at least
3 times the general market
General
Market
What are some of the
good companies out
there?
All of these companies
only broke the general
market by 2.5 times
What are the great
companies?
Good to Great Cases
Results from Transition point to 15 T‐year to T‐year
Company
years beyond transition point +15
Abbot Upjohn
Circuit City Silo
Fannie May Great Western
Gillette Warner‐Lambert
Kimberly‐Clark Scott Paper
Kroger A&P
Nucor Bethlehem Steel
Philip Morris R.J. Reynolds
Pitney Bowes Addressograph
Walgreens Eckerd
Wells Fargo Bank of America
Unsustained comparisons
Unsustained comparisons are those companies
that have made the leap from good-to-great,
but failed to sustain the progress.
Unsustained Comparisons
Burroughs
Chrysler
Harris
Hasbro
Rubbermaid
Teledyne
¾How did this Great companies
transition from Good to Great?
Good Results What’s
inside the
Black Box?
So What’s in the Black Box?
What’s
inside the
Black Box?
Buildup
THIS
Simplified version of Mr. Collins
framework
Disciplined People
Level 5 Leadership First Who….Then What
Disciplined Thought
Confront The Brutal Facts Hedgehog Concept
Disciplined Action
Culture of Discipline Technology Accelerators
Level 5 Leadership
But this isn’t any ordinary leadership, It’s Level
5 Leadership.
Gives Credit
Level 5
Leader
Level 5 Leadership Formula
HUMILITY
+
WILLPOWER
=
LEVEL 5
We just went over WHO Level 5
Leaders are. The rest of the
process of transitioning from good
to great shows what they DO.
Buildup
Level 5 First Confront the Hedgehog Culture of Technology
Leadership Who…Then Brutal Facts Concept Discipline Accelerators
What
Ask
Questions
Executive
Decisions
Now that the Good to Great companies have
disciplined people and discipline thought,
it’s time for action
Culture of Discipline
Buildup