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 Kevin

Kevin is an Emerging Markets Research Analyst at a global macro investment firm based in Montreal, Canada. Originally trained to be a medical doctor, he found his passion in capital markets after being involved in managing portion of his family’s equity portfolio. Kevin holds Masters degree in both finance and management, has passed all levels of CFA exam, and is a certified Financial Risk Manager (FRM), Chartered Alternative Investment Analyst (CAIA) and Professional Financial Modeller (PFM). He read voraciously and has a hobby of tinkering (read: programming) his systematic equity and volatility trading model for the “Quantimental” investment firm he founded. In his spare time, Kevin likes to travel the world and become a freelance photographer for Getty Images. To date, he has a portfolio of over 1200 pictures across 35 countries.
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