Tag: Jim Collins

BHAG

What is it? A Big Hairy Audacious Goal (BHAG) in “Good to Great” is a highly ambitious and inspiring long-term objective that unites and motivates an organization, serving as a…

The Flywheel Effect

What is it? The Flywheel Effect is the idea that sustained success and momentum in organizations are achieved through consistent, cumulative efforts that gradually build up like a spinning flywheel.…

Level 5 Leadership

What is it? Level 5 leadership is a defnition of leadership that combines personal humility with professional will, resulting in leaders who prioritize the organization’s long-term success, build exceptional teams,…

The Hedgehog Concept

What is it? The Hedgehog Concept, as introduced by Jim Collins in “Good to Great,” emphasizes the importance of a company aligning its core passion, unique expertise, and economic strategy…