Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
JAMES C. COLLINSA great company will have many once-in-a-liftetime opportunities.
More James C. Collins Quotes
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Not one of the good-to-great companies focused obsessively on growth.
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In a world of constant change, the fundamentals are more important than ever.
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If I’m going really, really fast, I can do a page of finished text a day, on average.
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It’s what you do before you are in trouble, so that you can be strong when people most need you.
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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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You absolutely must have the discipline not to hire until you find the right people.
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Bad decisions made with good intentions, are still bad decisions.
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Creative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
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If you have a charismatic cause you don’t need to be a charismatic leader.
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By definition, it is not possible to everyone to be above the average.
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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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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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Genius of AND. Embrace both extremes on a number of dimensions at the same time. Instead of choosing a OR B, figure out how to have A AND B-purpose AND profit, continuity AND change, freedom AND responsibility, etc.
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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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The only mistakes you can learn from are the ones you survive.
JAMES C. COLLINS