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. COLLINSThose 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.
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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Mediocrity results first and foremost from management failure, not technological failure.
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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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It may seem odd to talk about something as soft and fuzzy as “passion” as an integral part of a strategic framework. But throughout the good-to-great companies, passion became a key part of the Hedgehog Concept.
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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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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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Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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Great companies foster a productive tension between continuity and change.
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You absolutely must have the discipline not to hire until you find the right people.
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I can just let my curiosity wander unleashed.
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Not all time in life is equal. How many opportunities do you get to talk about what your life is going to add up to with people thinking about the same question?
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Level 5 leaders are differentiated from other levels of leaders in that they have a wonderful blend of personal humility combined with extraordinary professional will.
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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.
JAMES C. COLLINS