In last week’s article, I wrote about the three basic elements of a successful strategy. I also mentioned that CEOs and their leadership teams can use other tools and practices to refine their strategy and make it more robust over time.
Jim Collins’ flywheel concept, from his best-selling book Good to Great, is one of those refinement tools we use with midsize companies.
This Gravitas Impact Premium Coaches webinar by certified coach and colleague Paul Cronin, in Minneapolis, Minnesota, covers how to apply the flywheel concept to strengthen a company’s strategy.
In this 60 minute “under the covers” webinar, Paul explains the flywheel concept in detail and how it connects with the 3 key disciplines outlined in Good to Great, shares some great examples of flywheels (including his own as a coach - which, not coincidentally, is very similar to my own), and describes a process for discovering and developing your flywheel.
How can you improve your strategy?
To find out what you can improve in your strategy to grow more easily, quickly and profitability, try our complimentary Agile Growth Checklist. This self-service questionnaire takes 5 to 10 minutes to complete. You'll receive the checklist with your responses immediately. Within 24 hours, you'll receive a compiled report highlighting areas to improve. Complete section 3 and 6 to check your strategy and customer processes. Complete section 4 to check your execution. Or complete all 7 sections to find out how your company is doing in each of the 7 areas needed to produce more rapid, profitable and sustainable growth. This report is complementary and involves no obligation.