“The good-to-great companies built a consistent system with clear constraints, but they also gave people freedom and responsibilities within the framework of that system. They hired self disciplined people who didn’t need to be managed, and then managed the system, not the people.”
I think the system Collins is referring to is in fact that culture of discipline. Hire the right people, give them direction, clear objectives and create a culture of results and accomplishment and you are on your way toward greatness. In order to have a successful company you need to have a way to establish a framework for that system Collins refers to as the culture of discipline. I sincerely believe that the framework is built on the four cornerstones of: Mission, Vision, Values, and Principles.
Entrepreneurship and starting a business is a wild roller coaster ride or one could also think of it as a journey through the wilderness. If principles are your compass in the wilderness then mission, vision and values are your survival kit, map and supplies. The journey toward greatness starts with the proper equipment and supplies.
If you are going to build a great company then having a foundation to build on right from the start is a solid idea.
- Ian Graham