Saturday, May 10, 2008

Good to Great

I gained the most insights about education from reading business books. In United States, one common way to measure an individual's success is to measure his or her achievement in business. I recently read the book "Good to Great" by Jim Collins. The book presents a 5-year research findings on 11 great companies. These companies beat general market 3 times for 15 consecutive years. The book answers what is really behind these remarkable success. It coins the term of "level 5 leaders" and "the Hedgehog concept". I quoted from the book below,

"Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It's not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious - but their ambition is first and foremost for the institution, not themselves."

"A Hedgehog Concept is not a goal to be the best, a strategy to be the best, an intention to be the best, a plan to be the best. It is an understanding of what you can be the best at. The distinction is absolutely crucial".

It is very interesting to think about how to raise kids to be level-5 leaders and to be hedgehogs? I have yet to find a parenting book to answer this question :)