Key Points from Book: Good to Great and the Social Sectors

In business, money is both an input (resource for achieving greatness) and an output ( a measure of greatness). In the social sectors, money is only an input, and not a measure of greatness

Greatness is defined by three factors:
Superior performance
Distinctive impact
Lasting endurance

It doesn’t really matter whether you can quantify your results. What matters is that you rigorously assemble evidence to track your progress

Input of greatness:
Discipline people, thought, action, and building greatness to last

There’s two leadership types, executive and legislative. The latter works better in social sectors

True leadership only exists if people follow when they have the freedom not to

Have people who had passion in the field to work with you. Money is not more important than self actualization

Producing the best long term result:
What you are deeply passionate about
What you can be the best in the world at
What best drives your economic engine (time, money, brand)

Success breeds support and commitment, which breeds even greater success, which breeds more support and commitment- round and around the flywheel goes. People like to supoort winners!

Have the discipline to stop doing what does not fit

Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of concious choice, and discipline


About Journeyman

A global macro analyst with over four years experience in the financial market, the author began his career as an equity analyst before transitioning to macro research focusing on Emerging Markets at a well-known independent research firm. He read voraciously, spending most of his free time following The Economist magazine and reading topics on finance and self-improvement. When off duty, he works part-time for Getty Images, taking pictures from all over the globe. To date, he has over 1200 pictures over 35 countries being sold through the company.
This entry was posted in Review and Ideas and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s