Home Management and Leadership Turning the Flywheel
Turning the Flywheel
The guide to becoming exceptional
In Turning the Flywheel the author delves into the concept of the flywheel, already presented in a chapter of his book Good to Great. For a business, a company or any type of organization to be successful, the flywheel strategy must be implemented. This is a set of actions that accelerate the organization's momentum towards success, just like a flywheel in mechanics. Using the examples of Amazon and Apple, the author explains how to create a successful flywheel effect.
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Many useful tips to:
- Understand what the flywheel effect is.
- Understand how the flywheel effect can be one of the mechanisms that underpins a company's success.
- Learn how to create and operate the flywheel of a business.
The "flywheel" as the basis of the concept of success
This monograph is aimed at exploring the concept of the "flywheel" of a company and understanding how this can be one of the mechanisms underpinning the success of any business, which the author addresses in one of the chapters of the book Good to Great. Through his research on the reasons for a company's success, Collins has discovered that it is not a precise moment or action that defines it, but it is more an accumulation of small pushes in the right direction, which gain momentum towards a successful result; precisely like constantly pushing a flywheel, it will generate an impulse that will make it move faster and faster.
The key ideas of "Turning the Flywheel"
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