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.…
But then, what is the secret of enduring success?…
Author
Blinkist
Released
3/4/2019
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