Good to Great by Jim Collins, framework 13 of 15
Blue Plans
Abbott's mechanism for managing Wall Street while investing in the future.
Jim Collins's framework, from Good to Great, pp. 177 to 198.
- Promise less to analysts
Tell analysts a growth figure, say 15 percent, while planning internally for much more.
- Keep a ranked list of unfunded projects
These are the Blue Plans.
- Fund them from the surplus
Channel the difference between promised and actual growth into the Blue Plans.
From chapter: Chapter 8 - The Flywheel and The Doom Loop, pp. 177–198
More from this book
All 15 frameworks-
Framework 14 · Founder mindset Good BHAG test A way to join the two studies and set big goals with understanding.
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Framework 15 · Leadership Where to begin Collins' suggested sequence for using the book.
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Framework 1 · Hiring and teams The good-to-great framework The overall sequence of concepts that takes an organisation from average to sustained great results.
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Framework 2 · Leadership The window and the mirror How Level 5 leaders apportion credit and blame.
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Framework 3 · Hiring and teams Three practical disciplines for rigour How to be rigorous in people decisions without being ruthless.
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Framework 4 · Hiring and teams Do you know when you know? Two questions that tell you whether someone should leave the bus.