Forget Strategy, Build Mechanisms Instead
How do you build mechanisms that cannot be ignored?
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Listen in: Building mechanisms drives progress.

The foundation of all ideas generated by Jim and the Chimps is supported by years of research.
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We found no evidence that the good-to-great companies had more or better information than the comparison companies. None. Both sets of companies had virtually identical access to good information. The key, then, lies not in better information, but in turning information into information that cannot be ignored.

One particularly powerful way to accomplish this is through red flag mechanisms.

Read on: Good to Great (English), Chapter 4, pages 79-80
   
   

 

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Laboratory illustrations: Jon Keegan