The Magic of the Flywheel
In Jim Collins book, 'Good to Great: Why Some Companies Make the Leap...and Others Don't', he describes the many reasons why some companies make the leap to greatness. Among those many reasons is the concept described as the flywheel transition.
Simply put, Jim Collins postures that the time, energy, diligence, focus and time (did I mention time?) are the essentials required for good companies to become great companies. During an interview, Jim explained:
"As I was talking to Walgreen, I said, "Can you put your finger on the moment when the leap from good to great happened? Is there a key transition point that you can identify? If so, when?"
After thinking about my question for a minute, he said, "Well, I would say that was probably sometime between 1971 and 1980." That is a really profound statement when you think about it. It is like turning this giant
flywheel. You are pushing on the giant piece of metal to make it go faster and faster over time. If you push really hard early on, you make very little progress. But if you keep pushing in a consistent direction that ultimately ties back to the hedgehog concept, you will eventually build more and more momentum in the flywheel.
Some turns may be big pushes and some may be small pushes. The key is the accumulation of the pushes over time. If I ask you when the flywheel made its transition to break through rotation, you wouldn't be able to tell me because of this cumulative process."
As I look at Decade Software, I am inclined to believe we are near or at the flywheel transition. I've noticed that we create better quality products, establish better relationships, hire better, meet commitments better, and improve quicker. I've also noticed that our culture fosters the climate that makes it possible.
I'm sure some readers will say, "What would you expect the owner of the firm to say about his firm? He better be careful or he might get hurt patting himself on the back." But, the truth is this: the credit belongs to our staff.
Thanks, everyone.



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