Reference no: EM133154057

Please respond to two of the questions below (choose 1 question from Set 1 and one question from Set 2)

SET 1

1. Explain the flywheel effect. Why was the flywheel effect in the great companies?

2. Explain the Doom Loop theory. Why was this in the comparison companies?

3. How does the Fly Wheel Effect and the Doom Loop concepts apply to principles of the Gospel? How can this relate to our personal and professional lives?

4. Explain Collins observations of acquisitions between the good and great companies and explain at least one key aspect that you should keep in mind for this process to be successful.

SET 2

1. Explain the difference between a good and bad BHAG and how does this apply to the principles in this book?

2. How can the concepts of this book be applied to small business, large business, non-profits, families, and personal situations?

3. Why is greatness so appealing and as members of the Church, should we be striving for greatness? What can we learn from the processing of striving for greatness?

4. Please describe one concept from the book that really appealed to you (or was a great learning moment) and then describe one concept, thought, or direction that you want to further explore on your own because of what you read in the book. How will this help you in your car.