As companies look for ways to reinvigorate both the quality and
rate of their growth in the post-industrial-age marketplace, I’ve
found they struggle at a critical first step – making a promise.
Jim Collins in his
book, “Good To Great, asked the now-famous question, “What can
your company be the best in the world at?”.
Answering this question is critical if you want to be able to
make a compelling promise – not just to the market, but to the
people who work with you, as well. If you can’t answer it, quality
growth will always be simply another item on your wish list.
Notice, however, that Collins does not ask, “what is your
company the best in the world at,” he asks “what can your company
be the best in the world at.” It is rare that a company is already
the best at what it wants to best at. By extension, it is rare that
a company is capable of delivering on the promise it makes at the
time it makes the promise. It’s something you have to grow
into.
In fact, I don’t recommend choosing a promise you can deliver
right now. As I’ve written
before, to truly differentiate yourself, you have to have the
courage to make a promise your competition either cannot or will
not emulate. Be definition, this means you must promise something
that doesn’t currently exist.
Don’t get me wrong, it is not okay to make a promise that you
will never be able to deliver. But don’t wait until you are able
to deliver a promise before you make it. This is not a chicken or
egg question. Make the promise and you will develop your ability to
deliver it. A compelling promise should not only excite your
potential clients, it should excite
your team as well.
The point is this: decide what you can be the best at and put
all your efforts behind achieving that vision. Don’t get hung up
figuring out exactly what you do now. Decide what you can do and
start trying to do it. The triggers for growth are always hidden
inside your efforts to make and keep big promises.