September 1st, 2010
Good to Great: The Flywheel
The Flywheel is one of Jim Collin’s chapters regarding the transition of a good company to a great company. The following are some key concepts of the Flywheel:
- It is an evolutionary process.
- At the core is a company that builds upon success
- Each success creates greater momentum and growth
- More momentum makes the flywheel spin faster
- All “overnight success” companies have a history of continuous evolution and successes they built upon.