Change your practices without abandoning your core values.
JAMES C. COLLINSCreative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
More James C. Collins Quotes
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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Our 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!
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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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By definition, it is not possible to everyone to be above the average.
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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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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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I can just let my curiosity wander unleashed.
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You absolutely must have the discipline not to hire until you find the right people.
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A great company will have many once-in-a-liftetime opportunities.
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Yet at the same time they display a remarkable humility about themselves, ascribing much of their own success to luck, discipline and preparation rather than personal genius.
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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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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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If you have more than three priorities then you don’t have any.
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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 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. COLLINS