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Major Pitfalls to Exceeding World-Class Part 1

By Drive, Inc. on Saturday 15 March 2014.

In today’s highly competitive global marketplace, setting one’s sights on world-class isn’t enough. The approach of the past was characterized by big companies “eating” the smaller ones. However, in today’s environment, the faster companies tend to “eat” the slower companies. Our many years of experience working in many different industries and traveling the globe as management consultants have brought to our attention four main areas that separate world-class companies from those companies which are mediocre and/or “mothballed”. Those four areas are Unity, Direction, Execution, and Discipline. All of the teams that have mastered these four areas are considered successful. The proof is in the results they have achieved in their businesses. Those teams which have chosen to pursue mastery in these four areas succeed, whereas, those teams which fail to choose mastery of these areas are eventually replaced and will selfishly bleed the company into a condition of non-existence. This month’s newsletter is dedicated to the discussion of two of the four major areas-- Unity and Direction.

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