People are not your most important asset….the right people are.
JAMES C. COLLINSThe challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
More James C. Collins Quotes
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We must reject the idea… Well-intentioned, but dead wrong… That the primary path to greatness in the social sectors is to become “more like a business.” Most businesses… Like most of anything else in life… Fall somewhere between mediocre and good.
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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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The only acceptable goals are measurable,” but that’s actually an undisciplined statement. Lots of goals-beauty, quality, life change, love-are worthy but not quantifiable. But you do have to be able to tell if you’re making progress.
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Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
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A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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Profit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.
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Creative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
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In an ironic twist, I now see Good to Great not as a sequel to Built to Last, but more of a prequel. Good to Great is about how to turn a good organization into one that produces sustained great results.
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Great companies foster a productive tension between continuity and change.
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It’s what you do before you are in trouble, so that you can be strong when people most need you.
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If I were running a company today, I would have one priority above all others: to acquire as many of the best people as I could. I’d put off everything else to fill my bus. Because things are going to come back. My flywheel is going to start to turn.
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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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The main point is first get the right people on the bus (and wrong people off the bus) before you figure out where to drive it. The second key point is the degree of sheer rigor in people decisions in order to take a company from Good to Great.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
JAMES C. COLLINS