
Beyond Entrepreneurship 2.0

innovation is one of the most overlooked aspects of setting strategy. Make sure that your company is responsive to its own internal creative output. Examine what new innovations and new ideas are bubbling up in product development, research, design, and marketing. List all possible innovations that might come to fruition. Obtain estimates on how qu
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How would you feel if the person quit? If secretly relieved, then you might have already concluded that he or she is a wrong person on the bus. If genuinely distraught, then you might well believe that he or she is still a right person on the bus.
Jim Collins • Beyond Entrepreneurship 2.0
Get out of the literal. Draw pictures. Tell stories. Use inexact analogies. Be vivid. Don’t worry about whether the analogy is logically correct—the point is to communicate effectively, not be logically correct.
Jim Collins • Beyond Entrepreneurship 2.0
In the end, we make clothes to satisfy us. We wear them. PATAGONIA CATALOGUE, 1989 One of the best ways to make and keep your company innovative is to have people invent solutions to their own problems or needs. In other words, be your own customer and satisfy yourself. If that is not possible—if you are in a business where you cannot be your own c
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Applicants should never be hired on one interview alone; they should be interviewed by at least two people before an offer is made.
Jim Collins • Beyond Entrepreneurship 2.0
Mission, the third key part of an effective vision, is a clear and compelling overall goal that serves as a focal point of effort.
Jim Collins • Beyond Entrepreneurship 2.0
Consider the following scenario: You have a person in a key seat who’s doing a good but not great job. You like this person. You really want this person to succeed. You’ve invested time and energy in this person. But the fact is that you’re not yet seeing the A-level performance you need in the seat. When facing this situation, which way do you til
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You must retain unwavering faith that you can and will prevail in the end, regardless of the difficulties, and at the same time you must confront the most brutal facts of your current reality, whatever they might be. You must believe you can survive the camp and will live to see your loved ones again, and at the same time you must stoically accept
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“Well, Jim, if you don’t love doing it, you won’t stay with it long enough to ever really get good at it.” Then he added, “Life is just too short not to enjoy what you’re doing. If we can’t make this fun, we should stop doing it! ”