It’s what you do before you are in trouble, so that you can be strong when people most need you.
JAMES C. COLLINSBy definition, it is not possible to everyone to be above the average.
More James C. Collins Quotes
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People are not your most important asset….the right people are.
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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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First figure out your partners, then figure out what ideas to pursue. The most important thing isn’t the market you target, the product you develop or the financing, but the founding team.
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The greatest leaders build organizations that, in the end, don’t need them.
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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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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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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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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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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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Creativity dies in an indisciplined environment.
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Bad decisions made with good intentions, are still bad decisions.
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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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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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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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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.
JAMES C. COLLINS