Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
JAMES C. COLLINSOur findings do not represent a quick fix, or the next fashion statement in a long string of management fads, or the next buzzword of the day, or a new ‘program’ to introduce. No!
More James C. Collins Quotes
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The greatest leaders build organizations that, in the end, don’t need them.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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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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Bad decisions made with good intentions, are still bad decisions.
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If you have a charismatic cause you don’t need to be a charismatic leader.
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You absolutely must have the discipline not to hire until you find the right people.
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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.’s all grown from the inside – well, that is one key reason why G.E. is a visionary company.
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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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Change your practices without abandoning your core values.
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The moment you feel the need to tightly manage someone, you’ve made a hiring mistake. The best people don’t need to be managed. Guided, taught, led-yes. But not tightly managed.
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Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
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The best CEOs in our research display tremendous ambition for their company combined with the stoic will to do whatever it takes, no matter how brutal (within the bounds of the company’s core values), to make the company great.
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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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Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
JAMES C. COLLINS