A great company will have many once-in-a-liftetime opportunities.
JAMES C. COLLINSIf I’m going really, really fast, I can do a page of finished text a day, on average.
More James C. Collins Quotes
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I am completely Socratic.
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Bad decisions made with good intentions, are still bad decisions.
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There is a sense of exhilaration that comes from facing head-on the hard truths and saying, “We will never give up. We will never capitulate. It might take a long time, but we will find a way to prevail.”
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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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An organization is not truly great, if it cannot be great without you.
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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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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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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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You must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time, have the discipline to confront the most brutal facts of your current reality, whatever they might be.
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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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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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Great companies foster a productive tension between continuity and change.
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The greatest leaders build organizations that, in the end, don’t need them.
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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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We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
JAMES C. COLLINS