The Hedgehog Concept as mentioned by Jim Collins in his book Good to Great consists of the following three principles..
The goal of a great individual or organization is to focus at the intersection point of the three circles which are as follows..
- What you do are you deeply PASSIONATE about
- What you do are you BEST in the WORLD at
- Is the strategy economically viable
“You can be passionate all you want, but if you can’t be the best at it or it doesn’t make economic sense, then you might have a lot of fun, but you won’t produce great results.”