Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
JAMES C. COLLINSProfit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.
More James C. Collins Quotes
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In a world of constant change, the fundamentals are more important than ever.
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We must reject the idea… Well-intentioned, but dead wrong… That the primary path to greatness in the social sectors is to become “more like a business.” Most businesses… Like most of anything else in life… Fall somewhere between mediocre and good.
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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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Companies that change best over time know first and foremost what should not change.
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We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
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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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A great company will have many once-in-a-liftetime opportunities.
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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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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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Discipline is consistency of action.
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Not one of the good-to-great companies focused obsessively on growth.
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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.
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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 only mistakes you can learn from are the ones you survive.
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We learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
JAMES C. COLLINS