Turning Goals into Results: The Power of Catalytic Mechanisms
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Rather, companies should have catalytic mechanisms as powerful as short pay. Is it any surprise that their wildly ambitious dreams are seldom realized? Granite Rock would provide total customer satisfaction and achieve a reputation for service that met or exceeded that of Nordstrom, the upscale depa
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Summary
- Companies should have powerful catalytic mechanisms to achieve their goals
- Not every company should implement short pay
- The book "Turning Goals into Results: The Power of Catalytic Mechanisms" by Jim Collins explores this concept
- Many executives have ambitious goals but struggle to achieve them
- The catalytic mechanism is a simple yet powerful tool to help organizations achieve their goals
Top Highlights
- Rather, companies should have catalytic mechanisms as powerful as short pay.
- Is it any surprise that their wildly ambitious dreams are seldom realized?
- Granite Rock would provide total customer satisfaction and achieve a reputation for service that met or exceeded that of Nordstrom, the upscale department store that is world famous for delighting its customers
- A new rule regarding waivers was put in place, and it is a catalytic mechanism that exemplifies the beauty and power of redistributing power.
- few have added an effective means of enforcement by saying, “and if the business is not number one or number two, or on a clear trajectory to get there, we will exit within three months.”
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