Company Culture | Lawline

Good to Great: The Flywheel

Written by Lawline Staff | Sep 1, 2010 12:20:30 PM

The Flywheel is one of Jim Collin's chapters regarding the transition of a good company to a great company. The following are some key concepts of the Flywheel:

  • It is an evolutionary process.
  • At the core is a company that builds upon success
  • Each success creates greater momentum and growth
  • More momentum makes the flywheel spin faster
  • All "overnight success" companies have a history of continuous evolution and successes they built upon.