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The Hedgehog Concept

I need to find my “one big thing”

10.14.2005
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In Good to Great, Jim Collins introduces the Hedgehog Concept as a key insight into taking a good company to greatness. The idea is to develop your strategy along three key dimensions and then to crystallize that into one concept that guides all efforts. The analogy to the hedgehog comes from an parable about a fox and a hedgehog in which the fox tries many different methods to catch the hedgehog. Each time the hedgehog just rolls himself into a tight ball of spikes, thwarting all the fox’s efforts. The hedgehog understands its one big thing and consistently applies it, achieving “greatness,” at least in the ongoing battle with the fox. What is interesting about this business concept is that it closely parallels individuals’ pursuits of their true calling, and thus their personal greatness. [Continue reading…]

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A Man of Value, a Man Not of Conviction

An exploration of why I lack conviction

10.13.2005
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I believe myself to be a man of values and principles. I like to think that I am upstanding and would always “do the right thing.” At the same time, I recognize that I am not so much a man of conviction. The way I see it, conviction is the constant application of beliefs over time, and while I do have beliefs, I often find that averting conflict comes before upholding my beliefs. I’m not referring to major questions of ethics, but instead I’m talking about the more banal, like deciding not to eat red meat. [Continue reading…]

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