Occam's Razor
Occam’s Razor :This principle thought up a long time ago by William Occam while shaving(!) states that the shortest hypothesis, or solution to a problem, should be the one we should prefer (over longer more complicated ones). This is one of the fundamental tenet’s of the way western science works and has received much debate and controversy.
Which means always the smallest, simplistic equations explains the phenomenon in the best possible way. Is it true in the case of successful companies ? Are they few priciples based on which we can more or less predict the success of a company. I am half way thr the book - Good to Great…The main predictions from the book after a decade long number crunching and analysis of successful companies does propose a few priniciples for companies to become great.
Watch out for my book review soon !