Key insights from Jim Collins'
Turning the Flywheel: A Monograph to Accompany Good to Great
Tips and tricks for building your company’s forward momentum.
What do the most successful companies have in common, and how can you recreate their best practices for your business? In this Snapshot, you’ll learn about the flywheel effect and how it’s helped various organizations reach new levels of success. You’ll also learn the process for creating a personalized flywheel that will build healthy momentum in your own organization.
Read this Snapshot if you:
- Are interested in entrepreneurship
- Want to give your company the momentum it needs to reach the next level of success
- Think about the shared qualities that made IBM and Amazon into success stories
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Introduction
Building an effective business requires more than a brilliant idea, a game-changing product, or an inspired mission. True success requires a reliable underlying business structure, one that supports the creation of innovative ideas and perpetuates your forward momentum.
Creating a successful business is a lot like pushing a heavy flywheel, a gear used in machines to build momentum. After you push the flywheel with great effort, it might move forward by just a few inches. However, with each successive turn, your flywheel builds its own momentum. Before long, it moves forward at...
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Turning the Flywheel: A Monograph to Accompany Good to Great by Jim Collins Rating: 4 out of 5 stars