On 2024-09-20 16:49, Steve Litt via PLUG-discuss wrote:
Keith Smith via PLUG-discuss said on Fri, 20 Sep 2024 12:32:20 -0700

3) I learned about the Hedgehog concept at almost 50.  I wish I would
have learned about it earlier.

If you're like me and didn't know what the Hedgehog concept is, see
this:

https://www.jimcollins.com/concepts/the-hedgehog-concept.html

On the Venn diagram, "best in the world" is a gross oversimplification.
I *might* be the best in the world at describing the mindset and
process of troubleshooting, but there are probably 100 competitors
right there up with me. I might have even taught some of them. I'm
nowhere near the world's best at anything else, and have a hunch few
other people are the world's best at anything. I wish he'd said "damn
good" instead of "best in the world".

There are two Hedgehog concepts. One for business and one that is personal.

In business he talks about being the best in the world. When applying the personal Hedgehog, it is not how good you are it is what you were created to do. As example in H.S. I was not very good at sports, however I had a knack for working on Muscle cars. We are talking natural talent. What you are inherently gifted to do.

There is 3 criteria 1) what where you created to do, 2) what are you deeply passion about, and 3) what drives your economic engine. In the Venn diagram each would be in a circle and the intersection is your Personal Hedgehog. When you find something that meets all three you have a winner. And maybe we all have more than one.

His book, "Good to Great", is about business.




Other than that, the concept is right on target. I'll bet Jim Collins'
book tells you *how* to find such a profession, because unlike the
concept itself, how to achieve the concept isn't at all obvious.

True story: I loved bicycles, especially Schwinn bicycles, riding
bicyles, all things bicycles, and thought bicycles were the key to
improving the world. In a lot of ways, I still do. Anyway, in 1974
after graduating college, I called the Schwinn company, telling them
about my passion for bicycles and my engineering degree. The guy on the
phone, probably some underpaid HR dweeb, said "you sound like a jobless
BSEE who's desperate".

Schwinn really blew it. I would have been a real asset to them.

SteveT

Steve Litt

http://444domains.com
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