Embrace the flywheel effect from "summary" of Good to Great by
The flywheel effect is a concept rooted in understanding the cumulative impact of consistent effort and momentum over time. It is like pushing a giant, heavy flywheel - a massive metal disk mounted horizontally on an axle - to get it spinning. At first, it takes a lot of effort to get the flywheel moving, but with continued pushing and energy, it starts to build momentum. As the flywheel gains speed, it becomes easier to keep it going with less effort. The same principle applies to organizations. In order to achieve greatness, companies must embrace the flywheel effect by focusing on building momentum through a series of consistent actions and decisions. This means making small, incremental improvements day after day, month after month, year after year. It is about setting a clear vision and direction, and then relentlessly pursuing it with discipline and determination. When a company fully embraces the flywheel effect, it creates a self-reinforcing loop of success. Ever...Similar Posts
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