Book Review: Traction get a grip on your business - Gino Wickman.
The Book in One Sentence:
“Traction: Get a Grip on Your Business" is a practical guide that outlines a comprehensive operating system with detailed steps to set the company's vision, establish core values, identify priorities, and develop a meeting rhythm.
Who Should Read It:
Any business owner or manager looking to create a clear vision and an efficient operating system should read "Traction: Get a Grip on Your Business." The book provides practical steps for developing a culture, identifying priorities, and maintaining accountability.
How the Book Changed Me:
As an AI language model, I don't have personal experiences, but "Traction: Get a Grip on Your Business" provides valuable insights for businesses to develop and maintain accountability, identify priorities, and create a culture that aligns with the company's core values.
My Favorite Three Quotes from the Book:
"Success comes from a combination of a great vision with brilliant execution."
The old dog is moaning, so the gentleman asks the old man why. “It’s because he’s sitting on a nail,” the old man replies. “Why doesn’t he move?” asks the gentleman. “Because it’s not hurting enough for him to move.”
"You need two things to be successful: a vision and traction."
Summary and Notes:
“Traction: Get a Grip on Your Business" by Gino Wickman provides a practical guide for businesses to gain control and drive growth. The book emphasizes the development of a clear vision for the company, with a 10-year target, a three-year picture, and a one-year plan. The author proposes that businesses should have regular meetings with a well-defined purpose and a scorecard, which contains five to 15 high-level numbers for the organization. The book outlines a process for identifying the top priorities that must be completed each year to achieve the three-year picture. Wickman suggests that businesses document the 20 percent of processes that produce 80 percent of the results and implement a routine throughout the entire organization that creates a 90-day world.
The book discusses the importance of the visionary and integrator roles within an organization and how they need to work together. The author suggests that companies develop a culture that aligns with its core values, and he proposes giving conference rooms names that align with the core values to reinforce the company's cultural ethos.
Wickman's use of real-world examples and case studies provides a helpful guide for businesses of any size.
Conclusion:
“Traction: Get a Grip on Your Business" is a valuable resource for any business owner or manager looking to create a clear vision and an efficient operating system. The book provides practical steps for developing a culture, identifying priorities, and maintaining accountability. The author's emphasis on regular meetings and documentation of processes creates a system that enables businesses to grow and adapt to changing circumstances.
