After the study was completed, the research team found 7 main conclusions: Let’s dive into the key findings in more detail.
The first finding in Good to Great is how Good to Great companies employ level 5 leaders in their organization.
First, they had to define what exactly mediocrity looked like, and what greatness looked like.
They didn’t want to study companies that were always great – he did that in his book Built to Last.
The good to great companies are like hedgehogs – simple, dowdy creatures that know “one big thing” and stick to it.
The comparison companies are more like foxes – crafty, cunning creatures that know many things yet lack consistency.
It begins with people willing to confront the brutal facts and to act to make things better.
The fourth finding in Good to Great is how Good to Great companies apply the Hedgehog Concept.
When things go poorly, however, they look in the mirror and blame themselves, taking full responsibility.
The comparison CEOs often did just the opposite – they looked in the mirror to take credit for success, but out the window to assign blame for disappointing results.