Recently I had been spending some time reading, well, actually listening to Jim Collins and two of his books, Good To Great and then Great by Choice. They are amazing looks at business and led me to believe that truly successful companies are surrounded by great individuals.
At my Toastmasters club, Towpath Talkers, I did a speech on one of the the concepts in Good to Great, the Hedgehog Concept, called “Good is the Enemy of Great”. The concept is about taking three distinct areas to focus on and finding the sweet spot at the intersection of all three. The three core competencies are 1) be passionate about what you do, 2) find your key economic indicator and 3) find out what your company is best at in the world. You have to have all three to become great. You can get all of this and more in his books and I have links below for each.
What made me think about this once again was the article, Newbie leadership mistakes and the important lessons learned, on Smartblog for Leadership. The 8 specific tips are by promising young entrepreneurs. Read this great article here.