An organization is not truly great, if it cannot be great without you.
JAMES C. COLLINSWe learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
More James C. Collins Quotes
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In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not the very point of life
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We learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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People are not your most important asset….the right people are.
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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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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.
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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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Those who turn good organizations into great organizations are motivated by a deep creative urge and an inner compulsion for sheer unadulterated excellence for its own sake.
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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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Discipline is consistency of action.
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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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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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I am completely Socratic.
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Mediocrity results first and foremost from management failure, not technological failure.
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The only way to make any company visionary is through a long-term commitment to an eternal process of building the organization to preserve the core and stimulate progress.
JAMES C. COLLINS