In chapter 5 of Good to Great by Jim Collins, he talks about the Hedgehog Concept. As a starting point, it is taking one simple concept and doing something excellent and imaginative with it. You never want to compulsively leap at opportunities that have no obvious unifying theme. Under the Hedgehog Concept, a company should attain a very simple concept to use as a framework for all decisions. Jim Collins also goes in to detail about three circle within the hedgehog concept. He explains that these three questions ccan lead you in to a better and more great company: what you can be in the best in the world at? What you are deeply passionate about? As well as what drives your economic engine? When you have attained a piece of each circle, you should be somewhere in the middle of all these questions.
When you think about what you can be the best in the world at, you should also think about what you cannot be the best at. You may have competence in something that you are extremely interested in, but you might not be able to attain the most greatness with it. You might come up with something in the future that you are not even currently engaged in. When you think about what your economic engine is, think about something that can sustain and profit for a long period at a time. What you are deeply passionate about translates into Good to Great companies who focus on those activities that ignite their passion. The idea here is not to stimulate passion, but to discover what makes you passionate.
Under each of the circles it is necessary to ask, “Do I have a god-given talent, or was I born to do this?” or also how well are you paid to do this job? Many successful companies have employees that think it is almost too good to be true to be getting paid for what they are passionate about. Lastly, are you someone who looks forward to getting up and throwing yourself in to your daily work? If you can answer all these questions, then you are on your way to being a hedgehog! If you can translate the intersection of the three circles into something that is simple, crystalline, and guided then your life choice will certainly be great. When asking yourself these questions, I think of trait theory of leadership. When you are born to do something and have that self awareness then it is the same as having a god-given talent. If you choose to pursue and be the best at your talent you are engaging in the transformational theory of leadership.
When you are an individual that manages well, and can follow a list of chores to get paid you are a Transactional leadership. Jim Collins says that a hedgehog concept requires severe standards of excellence and understanding truly where your organization has potential. When you as a leader, can get you and your followers to a better and more happy place then you are embarking on a Transformational path. Hedgehog concepts seem to be more Transformational. Having a way to motivate your employees but in a way where it is subtle and they do not think it is just work is part of hedgehog as well. This seems to be closely related to a path/goal theory where you lead your followers by getting everyone to understand the goal first. Good to Great definitely touches on many of the theories we have learned about in class.
When I joined the HTM program, I did not have a very strong idea of where I wanted to go in the direction of jobs and leadership. When I think back, I thought of leadership as just leading some people and winning. Now, I recognize that leadership is having a vision and following your goals to get somewhere is helpful. It is not always about winning, but recognizing the path you took to get there and what you can do better next time. You want to have the right people with you along the way of your leadership journey. Immersing yourself into different activities and then finding one that is your passion, and that you are best at to get to a great standing within the corporate world is ideal. I do want to go to work everyday and think, “I get paid for this? and I’m excited for this!” That would be the best feeling in the world.