Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

# 118 The biggest problem with most Flywheels (part two of two)

# 118 The biggest problem with most Flywheels (part two of two)

FromThe Growth Whisperers podcast


# 118 The biggest problem with most Flywheels (part two of two)

FromThe Growth Whisperers podcast

ratings:
Length:
27 minutes
Released:
Jul 11, 2022
Format:
Podcast episode

Description

  There's a big problem with most flywheels, and it's the main reason they're destined to fail. The Flywheel Concept originated from Jim Collins' book Good to Great and outlines a series of actions that a business takes in order to build momentum in the business. The Flywheel Concept is designed to build ever-increasing momentum and growth in a business, thereby making the business more successful over time.  The successful flywheels that are provided as examples are built after a deep understanding of the business's fundamentals, and yet today we see many people showcasing flywheels that are never going to build momentum in a business.  In this episode two of two, we discuss five things to ensure that your flywheel will fire up and build momentum over time, and what to watch out for.     ----- * Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel. * Do you enjoy our content? Rate our show! * Follow us on Twitter @Evolution_Perth and @lawrenceandco1 Learn more about building enduring great companies. -----   ----- Links: *https://evolutionpartners.com.au/ *https://lawrenceandco.com/ ----- Additional episodes you might enjoy: # 50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company # 16 Jim Collins # 84 The 7 common strategy mistakes from Michael Porter # 43 The top 7 best practices for weekly meetings  # 69 What is a Topgrading virtual bench and why you need one # 88 The hidden cost of not having a team of all A-Players # 96 The three main barriers to consistent growth # 83 Why strategy should focus on producing more profit - not market share
Released:
Jul 11, 2022
Format:
Podcast episode

Titles in the series (100)

The Growth Whisperers are Brad Giles and Kevin Lawrence, two advisors to mid-market businesses, one Australian, one Canadian, who each work with CEOs and Leadership Teams across the world with a mission to build enduring, great companies. Each weekly episode covers interesting situations and questions from the world of strategic planning, leadership development, talent and hiring in high growth entrepreneurial companies where real results matter.