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Why the best is too much

Posted by Daniel Rose - October 26, 2010 - Blog

When I ask peo­ple what the vision is for their organ­i­sa­tion, quite a few answer that they want to be “the best”. It’s not a bad vision by any means, but it might be too much.

In real terms being the best might overkill. Think about it in terms of the amount of time, energy and money required. If you’re in sec­ond place it may well cost you a for­tune to become num­ber one, prob­a­bly more than the ben­e­fit you’d receive.

It’s the old eighty-twenty rule again. Eighty per­cent of the effect is the result of only twenty per­cent of the cause. The remain­ing twenty per­cent effect is much more dif­fi­cult to achieve. Stick to the first eighty.

Think of the won­der­ful exam­ples of com­pa­nies that weren’t the best. Avis is per­haps the best known. For many years , whilst sec­ond to Hertz, they stuck by their slo­gan of “we try harder.” Avis has since sur­passed Hertz in terms of rev­enue, but that wasn’t the orig­i­nal vision.

It’s impor­tant that the options for your vision are con­sid­ered fully. Don’t strive to be the best just because it was an easy vision to think of. Under­stand the effort required to achieve your vision, and you are much more likely to see it eventuate.

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Management, Strategy, Vision

One comment on “Why the best is too much”

  1. InspiroHost says:
    October 29, 2010 at 2:32 am

    Well I guess you need to define best first. It’s not pos­si­ble to be the best in all aspects. May be you you’re the best in terms of employ­ees, but not the best in terms of mar­ket­ing. Focus in a key area and improve from that point further.

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