What is the chapter's final conclusion about the relationship between technology and the flywheel?
Explanation
This question tests the synthesis of the chapter's main concepts. Technology isn't the start of the flywheel, nor is it irrelevant; its proper role is to add significant force to a flywheel that is already turning due to disciplined people, thought, and action.
Other questions
According to Chapter 7, what is the primary role of technology in transforming a company from good to great?
What was Walgreens' strategic approach to the internet during the dot-com frenzy?
At one point during the internet bubble, drugstore.com traded at 398 times revenue. What was Walgreens' trading multiple at the same time?
What does the chapter mean by the 'technology trap'?
What percentage of the eighty-four good-to-great executives interviewed did NOT mention technology as one of the top five factors in their company's transformation?
How did Gillette's application of technology act as an accelerator?
What is the key question a company should ask before adopting any new technology?
What was the eventual outcome for drugstore.com, as described in the chapter?
How did Nucor's CIO (chief information officer) exemplify the company's approach to technology?
What does the author conclude about the relationship between charismatic leaders and technology adoption in the comparison companies?
What historical analogy does the chapter use to illustrate that technology alone does not guarantee success?
What was the fundamental difference in motivation for building greatness between good-to-great companies and their comparison counterparts?
What investment did Kroger make in technology that was crucial for its transformation and its ability to fund its store revitalization?
What was the total market valuation of drugstore.com four weeks after its public offering in July 1999?
According to the chapter, why do early technology pioneers rarely prevail in the end?
What was a significant consequence of the pressure on Walgreens from the rise of dot-coms?
What did Nucor CEO Ken Iverson cite as the primary factors for his company's success, when technology was not on his list?
According to a Nucor executive, what was the ratio of culture to technology in contributing to the company's success?
If a new technology does not fit a company's Hedgehog Concept, but is necessary for parity in the industry, what does the chapter suggest the company should do?
How did the good-to-great companies' approach to technology differ from the 'Chicken Little' reaction?
What was the one word that the author notes came to mind when observing the debate within the research team about the role of technology?
The chapter concludes that the evidence from their study does NOT support what common idea about technological change?
How did Fannie Mae's transition illustrate the principle of technology as an accelerator?
What was the investment amount for Walgreens' Intercom system, including its own satellite system?
In what way did the comparison company A&P fail in its use of technology compared to Kroger?
How much did Gillette invest in the design and development of the Sensor razor?
What was the firm that pioneered the first major personal computer spreadsheet, which later failed?
The chapter contrasts the good-to-great companies' reaction to technology with that of mediocre companies. How is the mediocre companies' reaction described?
In what decade did Walgreens make its initial, pioneering investment in the Intercom network?
What does the author suggest is the great irony regarding the media's perception of technology's role at Nucor?
Besides Chrysler and Rubbermaid, which unsustained comparison company pioneered technology (electronics applied to printing) but failed to create lasting greatness?
How did the North Vietnamese forces' approach to technology in the Vietnam War contrast with that of the United States?
The chapter states that 'bubbles come and bubbles go.' Which of the following was NOT listed as an example of a technology bubble?
What metaphor from the research team's internal debate is used to describe the good-to-great companies' approach to new technology?
Why was the decline of Bethlehem Steel NOT primarily caused by technology?
What final, overarching contrast does the chapter set up as the subject for the next chapter?
At Fannie Mae, how long did the 'loan-approval time' get reduced to after implementing their new technology systems?
What does the book argue is the ultimate lesson from the historical pattern of technology pioneers?
What does the author suggest about the relationship between a company's reaction to technological change and its inner drive?
In the case of Fannie Mae's technology push, how was Bill Kelvie's role consistent with the 'First Who, Then What' principle?
What company did NOT pioneer the commercial jet, according to the chapter?
The chapter argues that technology's role is different in good-to-great companies versus their comparisons. In what way?
By 1999, after its turnaround, what was the status of Walgreens' stock price from its low point during the dot-com scare?
What is the author's final argument about what technology CANNOT do?
What did it mean for Kroger to view inventory as 'stacks of dollar bills'?
How did Chrysler's use of technology exemplify the failure to link it to a Hedgehog Concept?
What company pioneered the AC electrical system, prevailing over the one that pioneered the DC system?
What was the firm that pioneered the personal digital assistant (PDA) with its Newton product, but did not ultimately dominate the market?
Ultimately, the research team decided to include the chapter on technology accelerators because of what essential difference between great and good companies?