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Good to great PPT Slides

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Good to great PPT Slides

  1. 1. 1www.exploreHR.org Creating Good-to-GREAT Company
  2. 2. 2www.exploreHR.org You can download these excellent slides at : www.HR-Management-Slides.com
  3. 3. 3www.exploreHR.org Six Key Elements of Good to Great Company
  4. 4. 4www.exploreHR.org Element 1 : Level 5 Leadership
  5. 5. 5www.exploreHR.org Element 2 : First Who…..then What
  6. 6. 6www.exploreHR.org Element 3 : Confront the Brutal Facts (Yet Never Lose Faith)
  7. 7. 7www.exploreHR.org Element 4 : The Hedgehog Concept
  8. 8. 8www.exploreHR.org Element 5 : A Culture of Discipline
  9. 9. 9www.exploreHR.org Element 6: Technology Accelerators
  10. 10. 10www.exploreHR.org Element 1: Level 5 Leadership
  11. 11. 11www.exploreHR.org Level 5: Good-to-Great Leader Level 4: Effective Leader Level 3: Competent Manager Level 2: Contributing Team Member Level 1: Highly Capable Individual Level 5 Leadership
  12. 12. 12www.exploreHR.org Level 5 leaders display a compelling modesty, are self- effacing and understated.
  13. 13. 13www.exploreHR.org In contrast, two thirds of the comparison companies had leaders with gargantuan personal egos that contributed to the demise or continued mediocrity of the company
  14. 14. 14www.exploreHR.org Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results.
  15. 15. 15www.exploreHR.org Element 2: First Who…Then What
  16. 16. 16www.exploreHR.org The good-to-great leaders began the transformation by first getting the right people on the bus (and the wrong people off the bus) and then figured out where to drive it
  17. 17. 17www.exploreHR.org The key point of this element is not just the idea of getting the right people on the team.
  18. 18. 18www.exploreHR.org The key point is that "who" questions come before "what" decisions— before vision, before strategy, before organization structure, before tactics. First who, then what — as a rigorous discipline, consistently applied.
  19. 19. 19www.exploreHR.org Element 3: Confront the Brutal Fact
  20. 20. 20www.exploreHR.org All good-to-great companies began the process finding a path to greatness by confronting the brutal facts of their current reality
  21. 21. 21www.exploreHR.org A key psychology for leading from good to great is the Stockdale Paradox : Retain absolute faith that you can and will prevail in the end, regardless of the difficulties, and at the same time confront the most brutal facts of your current reality, whatever they might be.
  22. 22. 22www.exploreHR.org A primary task in taking a company from good to great is to create a culture wherein people have a tremendous opportunity to be heard and, ultimately, for the truth to be heard
  23. 23. 23www.exploreHR.org Element 4: Hedgehog Concept
  24. 24. 24www.exploreHR.org The good-to-great companies are more like hedgehogs — simple, dowdy creatures that know "one big thing" and stick to it. The comparison companies are more like foxes — crafty, cunning creatures that know many things yet lack consistency.
  25. 25. 25www.exploreHR.org It took four years on average for the good-to-great companies to get a Hedgehog Concept.
  26. 26. 26www.exploreHR.org You absolutely do not need to be in a great industry to produce sustained great results. No matter how bad the industry, every good-to-great company figured out how to produce truly superior economic returns.
  27. 27. 27www.exploreHR.org Element 5: A Culture of Discipline
  28. 28. 28www.exploreHR.org The good-to-great companies appear boring and pedestrian looking in from the outside, but upon closer inspection, they're full of people who display extreme diligence and a stunning intensity
  29. 29. 29www.exploreHR.org A culture of discipline is not just about action. It is about getting disciplined people who engage in disciplined thought and who then take disciplined action.
  30. 30. 30www.exploreHR.org A culture of discipline involves a duality. On the one hand, it requires people who adhere to a consistent system; yet, on the other hand, it gives people freedom and responsibility within the framework of that system.
  31. 31. 31www.exploreHR.org Element 6: Technology Accelerators
  32. 32. 32www.exploreHR.org The key question about any technology is: does the technology fit directly with your Hedgehog Concept? If yes, then you need to become a pioneer in the application of that technology. If no, then you can settle for parity or ignore it entirely.
  33. 33. 33www.exploreHR.org The good-to-great companies used technology as an accelerator of momentum, not a creator of it. None of the good-to-great companies began their transformations with pioneering technology, yet they all became pioneers in the application of technology once they grasped how it fit with their strategies.
  34. 34. 34www.exploreHR.org Source of Reference: Jim Collins, Good to Great : Why Some Companies Make the Leap…and Others Don’t, Harper Business

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