The greatest leaders build organizations that, in the end, don’t need them.
JAMES C. COLLINSIn 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
More James C. Collins Quotes
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A great company will have many once-in-a-liftetime opportunities.
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In an ironic twist, I now see Good to Great not as a sequel to Built to Last, but more of a prequel. Good to Great is about how to turn a good organization into one that produces sustained great results.
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In a world of constant change, the fundamentals are more important than ever.
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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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You absolutely must have the discipline not to hire until you find the right people.
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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.
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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.
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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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I am completely Socratic.
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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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…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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Companies that change best over time know first and foremost what should not change.
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The only acceptable goals are measurable,” but that’s actually an undisciplined statement. Lots of goals-beauty, quality, life change, love-are worthy but not quantifiable. But you do have to be able to tell if you’re making progress.
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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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People are not your most important asset….the right people are.
JAMES C. COLLINS