Question

Need a summary of chapter 8 of book ' Good to great'

Answer 1

PLEASE LIKE THIS ANSWER, IT HELPS ME A LOT. THANK YOU!!!

THE FLYWHEEL AND THE DOOM LOOP

Blue plans, make predictions to the outside world below what you really would imagine you should achieve, then distinguish from those estimates to what you actually achieve and use it on entrepreneurial ventures The bigger companies are good at a cumulative method step by step, action by measure, decision by decision, turn by turn of the flightwheel. When the flywheel is going, there is less effort to convey always the goals; people may extrapolate from what is happening already. The Doom Chain, establishment of a new plan, leader, or event to promote change, followed by a lack of success, followed by deceit, followed by mo mo moPeter Drucker pointed out that the impetus for combinations and acquisitions is less focused on rational reasoning and more on the fact that playing with them is far more fun than doing actual work.

Signs That You’re on the Flywheel

• Follow an accumulation trend leading to an advance.
• Reach a breakthrough with an accumulation of steps, turn after step; feel like an organic cycle of evolution.
• Compare the raw truth in order to grasp clearly how to move forward.
• To achieve coherence with a simple Hedgehog definition and to stay resolutely in all three circles.
• Follow the paradigm of "first who" (disciplined people), disciplined thinking and disciplined practice.
• Using the right technology to accelerate your hedgehog definition.
• Make major (if any) purchases in order to speed up momentum after breakthrough.
• Using little energy to inspire or coordinate people; the flywheel force is contagious.
• Enable most of the results to talk.
• Maintain continuity over time; the work of previous generations is built on each generation; the flywheel continues its development.

Signs Your in the Doom Loop

• Slide over and skip to a breakthrough right now.
• Create massive projects, revolutionary efforts for reform, drastic transformations, systemic transformation – still searching for a miracle or a new leader.
• Using fads and manipulate hooples instead of facing the blunt truth.
• Exhibit persistent inconsistency – lining and walking away far from the three circles
• Spring straight to practice, without order and without the right people getting on the bus first.
• Taking reactionary development decisions for fear that you will be left behind.
• Create big takeovers in a futile effort to build traction before the breakthrough.
• Spend a lot of time trying to get people together and inspire them to create new ideas.
• To order to offset loss, sell the future.
• Every new leader has a revolutionary new trajectory: the flywheel is stopped and the doom spins again.

PLEASE LIKE THIS ANSWER, IT HELPS ME A LOT. THANK YOU!!!