Built to Last, the defining management study of the '90s, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning.
But what about companies that are not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? Are there those that convert long-term mediocrity or worse into long-term superiority? If so, what are the distinguishing characteristics that cause a company to go from good to great?
Over five years, Jim Collins and his research team have analyzed the histories of 28 companies, discovering why some companies make the leap and others don't. The findings include:
©2001 Jim Collins (P)2005 HarperCollins Publishers
"Like Built to Last, Good to Great is one of those books that managers and CEOs will be reading and rereading for years to come." (Amazon.com review)
"If you believe that a visionary leader with a strong ego is an essential component of sustained business success, then Jim Collins has a few thousand words for you. His carefully researched audiobook explains that the success of companies that outperform the market for 15 years in a row comes from selfless leadership, rigorous focus, and a culture of discipline....[T]here's another reason this book has burst through as a bestseller, which you can feel in Collins's narration: He is honestly excited about his research and unconventional findings. (AudioFile)
There is no doubt a lot of truth in the message of this book. Clearly when it was written there was a great need for ego depletion and there were far to many over sized personalities running the business world. The idea that you don't have enough time or money to change the way people think, so just pick the right people and throw those that are not on board off the bus sounds like an idea that might work in a world of contracted projects. However the book also suggests that you should only promote the quiet steady employee that puts only the greater good of the company at the center of his life to the driving seat. What the book doesn't tell you is where these characters which they say have appeared guiding companies to 300% improvement can be found and why they would be that way.
I read this book because it was given a high rating by a lot of my work associates but I did not really feel that it took my base line of knowledge a lot further forward. It lacks the human factor that I want to see combined with good analysis.
It was one of those books that inspired me to read a lot of other books to quickly regain perspective and balance as it really did leave me with a sinking feeling.
I love the Jim Collins narrated it himself. He did a wonderful job. Jim was able to break down the business process in such a simple way that anyone can apply his ideas. His research is extensive and undeniably persuasive.
Great insight in great companies' mechanics: what makes the company, institution, team or individual outperform. I love the ideas and how they correlate with other principles I learned about like Lean Startup.
Good book that explains how companies go from good to great.
Because of technology?
Because the companies are great?
Because of circumstances?
Because of level 5 leaders?
Listen and find out.
Highly recommend this book.
This book describes how some of the greatest rise to meet their competition and exceed expectations. Most of the book focuses on the 5 traits that it takes survive hardships in larger companies. Yes, it does mention some questionable companies but as the author states near the end of the book the principles are still applicable despite their current standings. I would definitely recommend this book to the person who is looking to run their own life and plans to become something GREAT!
a refreshing look at amazing leaders and the successful companies that they led. Opens your eyes to what each of us can be capable of accomplishing if we strive for it.
if you can get past the list of 'great' company's that haven't done that great. its a worth while read as it is so frequently referenced (often badly) in current literature.
I think the basic message of this book that the right type of simplicity is very hard but very worthwhile is still valid.
It's a must read and reflect book.
The concepts are easy to understand, but at the same time they are very challenging to apply.
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