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Building a great company involves a combination of vision and discipline from "summary" of BE 2.0 (Beyond Entrepreneurship 2.0) by Jim Collins,William Lazier
Building a great company is not just about having a grand vision for the future, but also about implementing discipline and consistency in daily operations. Vision is essential as it provides direction and purpose, guiding the company towards its long-term goals. However, without discipline, a vision can remain nothing more than a lofty aspiration, lacking the concrete steps needed to turn it into reality. Discipline is the bridge that connects vision to execution, ensuring that the company stays on track and makes progress towards its goals. It involves setting clear priorities, establishing processes and systems, and holding oneself and others accountable for results. While vision is about dreaming big, discipline is about rolling up one's sleeves and doing the necessary work to make those dreams come true. Successful companies strike a delicate balance between vision and discipline, recognizing the importance of both elements in achieving sustainable growth and success. A strong vision without discipline can lead to chaos and inefficiency, as ideas remain untethered from action. On the other hand, excessive focus on discipline at the expense of vision can result in stagnation and missed opportunities for innovation and growth. In essence, vision provides the "what" of a company's journey, outlining the destination and overall direction, while discipline offers the "how," detailing the steps and processes needed to reach that destination. By combining vision and discipline, companies can create a powerful engine for growth and excellence, driving them towards their full potential.- Building a great company is about striking a balance between dreaming big and executing with precision. Vision inspires and motivates, while discipline ensures that those inspirations translate into tangible results. It is the combination of these two elements that sets the stage for long-term success and sustainability in today's competitive business landscape.
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