Happy Friday! This week at Zipdev, we discussed "Technology Accelerators," the 7th chapter of "Good to Great." Jim Collins illustrates how great companies use technology as an accelerator of momentum, not a creator of it.
𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳 𝗦𝘂𝗺𝗺𝗮𝗿𝘆:
Great companies think differently about technology, using it to accelerate growth only after their three circles are well defined.
𝟯 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:
1. 𝗦𝗲𝗹𝗲𝗰𝘁𝗶𝘃𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗨𝘀𝗲: Adopt technology that aligns with your Hedgehog Concept to accelerate progress.
2. 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁, 𝗡𝗼𝘁 𝗖𝗿𝘂𝘁𝗰𝗵: Technology should enhance, not define, your strategy.
3. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗮𝘀 𝗮 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: Leverage technology to support and improve your key processes, not replace the core fundamentals.
A couple of questions that came up in our book club:
1. What existing technologies can we better utilize to accelerate our progress?
2. Are there emerging technologies that align with our Hedgehog Concept that we should consider adopting?
This chapter was one of my favorites so far. Because of tech, we are literally seeing companies grow at astronomical rates. Look at what Amazon, Google, and Salesforce have been able to do. I mean, these companies own city blocks.
See you back here next week for chapter 8.
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1moThank you Audrey 🫶 Lovely meeting you too and looking forward to being an early adopter of Impart 🔥