Excellence vs Mediocrity
January 23rd, 2012 Posted by admin

"Excellence is a better teacher than mediocrity. The lessons of the ordinary are everywhere. Truly profound and original insights are to be found only in studying the exemplary"  -  Warren G. Bennis

Do you know an organization that tries to be all things to all men? Perhaps your own? Has that approach been successful? The concept of diversification and minimizing risk has long been at the core of business practices, especially as companies seek to expand their reach and growth. Diversification of products, services, and even industries, is brilliant but within the right context.

The hedgehog concept is described by Jim Collins in his book 'Good to Great' as the intersection of three circles: 1) What can you be the best at? 2) What drives your economic engine? and 3) What are you deeply passionate about? Companies which moved from good to great answered all three questions and operated in their intersection. There are myriads of successful companies today that operate in only one or two of the circles.  However, if you want to be the enemy of good ... if you want to be great, then operating in all three circles is critical.

Companies which moved from good to great answered all three questions and operated in their intersection. There are myriads of successful companies today that operate in only one or two of the circles.  However, if you want to be the enemy of good ... if you want to be great, then operating in all three circles is critical.

What legacy will you leave behind? What circles are you operating in? Are you operating in mediocrity or in excellence?



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