Chapter 7: Technology Acceloraters

Chapter 7: Technology Acceloraters

CHAPTER 7: TECHNOLOGY ACCELORATERS Katy Lovett, CJ Baker, and Matt Snowden DOES TECHNOLOGY FIT INTO YOUR HEDGEHOG CONCEPT? If yes, carefully select it

If no, do without or settle for less TECHNOLOGY IS AN ACCELERATOR, NOT A CREATOR OF CHANGE Walgreens Vs. DrugStore.com McDonalds and credit cards THE TECHNOLOGY TRAP

.technology by itself is never a primary cause of either greatness or decline. (p. 157) Examples: Westinghouse and the AC electrical system De Havilland and the Comet

Not a differentiation between Good to Great and Just Good. Relying too heavily makes you lazy STRATEGY Proactive not Reactive Common Traits of Good to Great Improvement Excellence

Creativity Do we really want to be great? Wayne Sanders of Kimberly-Clark: Were just never satisfied. We can be delighted, but never satisfied. SUMMARY

Accelerates momentum, doesnt create it Technology must fit into your hedgehog strategy If fundamentals are not in place, technology cant save you

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