Surprisingly, great ideas are not necessary for the start of a visionary company. Visionary companies build themselves into outstanding organizations that constantly churn out great ideas and great leaders.
- [Narrator] Link number two. … Visionary companies are like machines … that constantly produce great products and leaders. … Contrary to what most people believe, … the success of a visionary company … is not dependent on great ideas. … The founder of Sony, for example, had no specific … idea of what products his company would make. … He actually held a brainstorming … session after founding the company … to evaluate business ideas ranging from … sweetened bean paste to miniature golf equipment. … Bill Hewlett and Dave Packard also … had no specific idea in mind when … they founded Hewlett-Packard, HP. … They experimented with almost farcically … diverse ideas such as automatic urinal flushers, … and bowling foul line indicators. … Hence, it seems that great ideas are not … necessary for the start of a visionary company, … nor are high profile charismatic leaders. … While visionary companies did have … superb individuals at the top of … their organizations, they were often … down to earth, reserved, and modest people. …
Author
Blinkist
Released
3/4/2019
Note: This audiobook summary was produced by Blinkist. We are pleased to host this content in our library.
Share this video
Embed this video
Video: Clock building