4 ms·
>Nothing in the article actually shows that the Hedgehog concept is bad or wasn't a factor in these companies' success. It's little more than a glib, cocktail-p
by ryanmolden 14y ago
>Nothing in the article actually shows that the Hedgehog concept is bad or wasn't a factor in these companies' success. It's little more than a glib, cocktail-party sized nugget of contrarianism with no real substance. That's why I dismissed it as FUD.
And nothing in Jim Collin's book shows it was a factor in their success, he just claims it is because all the companies he analyzed allegedly fit into his rubric. Does he research if failed companies did not fit into it equally well? Or perhaps other competitors in the same industry? If all you are doing is retrospectively identifying success, well great, but that isn't terribly hard to do. If all you are doing is cherry picking examples or worse, simply grouping already successful companies and then deciding that their success must be due to some common trait(s) they all share, then you also aren't providing any real insight in my opinion.
As others have pointed out his theories are vague to the point of uselessness. Do only what you can you be 'best in the world' at? Really? Best in the world? Well by that metric there really only should be one company in every single industry, since clearly we can't have multiple 'best in the worlds'.
All he is engaging in is book length common sense "Do what you are good at, don't do what you aren't good at, don't waste money on ill-conceived ideas". Trite sayings that are not really anything anyone would argue against but also don't give a lot of amazing insight.
Maybe I am just too dense to get his brilliance, but I have never seen anything amazing from his writing, which was why I originally responded to someone that appeared to be implying that he was apparently the diviner of the one true path to success.
- _pius 14y agoAll he is engaging in is book length common sense "Do what you are good at, don't do what you aren't good at, don't waste money on ill-conceived ideas". Trite sayings that are not really anything anyone would argue against but also don't give a lot of amazing insight. This is a very common criticism of business books, self-help books, and, hell, advice in general. And yet there are lots of companies and people who neglect to heed these trite sayings and fail because of it. Most people would probably be 10x better at life if they could internalize all of the "obvious" advice they've ever heard. Maybe I am just too dense to get his brilliance, but I have never seen anything amazing from his writing, which was why I originally responded to someone that appeared to be implying that he was apparently the diviner of the one true path to success. Fair enough. I viewed the person you responded to as claiming that (1) this bit of Suster's and Collins' advice is useful and (2) this post, like many other startup blog posts, recapitulates concepts covered in traditional business books. The article you linked to does nothing to support or refute either point, which is why I was dismissive of it.