The Hedgehog Concept Explained | Focus Your Business Strategy
In this video from Granite Business Planning, we explain the Hedgehog Concept, a powerful strategy framework introduced by Jim Collins in the book Good to Great.
The Hedgehog Concept helps businesses find the intersection of three critical areas:
• What you are deeply passionate about
• What you can be the best in the world at
• What drives your economic engine
When these three things align, businesses gain clarity, focus, and a stronger long-term strategy.
This concept is a powerful tool for small business owners building a clear and effective business plan.