From the book:
"The fact that something is a "once-in-a-lifetime opportunity"is irrelevant, unless it fits within the three circles. A great company will have many one-in-a-lifetime opportunities"."
This sentence really stood out to me. I guess when one thinks of something as once-in-a-lifetime, you get the impression that you must act on it; that this will never happen again - you HAVE to do it. What I learned is quite the contrary, you don't have to do anything. What you should do is react with discipline and remember what it is that you are trying to accomplish, and then decide if this once-in-a-lifetime opportunity makes sense within your three circles.
The key word in the last paragraph is discipline. When they speak of discipline or a culture of discipline, they are speaking of strictly adhering to your Hedgehog Concept (three circles) and the willingness to ignore the opportunities that fall outside that concept. What does that mean for the leader and their staff? They must be disciplined within themselves first, and this concept goes back to having the right people, on the right bus, at the right time...With disciplined leaders and staff, one can trust that they will use disciplined thought to take disciplined action. When you don't have the right staff, you will often find bureaucratic cultures will develop to compensate for the lack of discipline.
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