The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment – you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out.
JAMES C. COLLINSNot one of the good-to-great companies focused obsessively on growth.
More James C. Collins Quotes
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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
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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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The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
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Mediocrity results first and foremost from management failure, not technological failure.
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…the question, Why try for greatness? would seem almost tautological. If you’re doing something you care that much about, and you believe in its purpose deeply enough, then it is impossible to imagine not trying to make it great. It’s just a given.
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I can just let my curiosity wander unleashed.
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The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
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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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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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In a world of constant change, the fundamentals are more important than ever.
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Change your practices without abandoning your core values.
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Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.
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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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Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results. They are resolved to do whatever it takes to make the company great, no matter how big or hard the decisions.
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A great company will have many once-in-a-liftetime opportunities.
JAMES C. COLLINS