In 1999, Verne Harnish published his first book, Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm, outlining three fundamental habits that are key to the successful management of a business. These three fundamental habits - Priorities, Data and Rhythm - could be seen over one hundred years ago in John D. Rockefeller’s unprecedented success, and they can still be observed in successful companies today. Since the first publication of the book, thousands of entrepreneurs have adopted the Rockefeller habits and the One-Page Strategic Plan (OPSP) as the foundation for how they scale up their businesses.
In 2006, Patrick Thean developed a method for implementing the Rockefeller Habits called Rhythm. Incorporating the fundamentals of the Rockefeller Habits, the One-Page Strategic Plan and other best practices into one practical system, Rhythm consists of Think, Plan, Do methodology, good habits and disciplines, education and coaching, and a patented software platform that serves as your vehicle for implementing and managing all of these good business practices.
While the Rockefeller Habits are a healthy foundation for your company, they can be applied in any company, any size, in any industry, Rhythm is designed specifically for companies that have grown to a certain size and developed a certain level of complexity. Only 3% of all companies ever reach the $10 million revenue mark, the Elite 3%. These companies have more employees, multiple levels of management, structured departments, multiple product/service offerings, and are faced with a unique set of challenges. Over the past 8 years, we have had the opportunity to work with hundreds of companies around the world who are now part of the Elite 2%. Our observations and research, via consulting sessions, planning sessions, and the review of over 100,000 company, departmental and individual priorities have provided unique insights into what specific habits, patterns, and actions helped these companies execute better and grow faster. It is all about execution, read 10 Tips to Scaling Up with Rockefeller Habits.
Below, using Verne Harnish's 6 Page Summary of Mastering the Rockefeller Habits PDF as the framework, we will discuss each key topic and how Rhythm can help you implement that concept in your company. See how you can power the Rockefeller Habits to "scale up" your company with our Rhythm Software Demo.