Great companies foster a productive tension between continuity and change.
JAMES C. COLLINSBy definition, it is not possible to everyone to be above the average.
More James C. Collins Quotes
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An organization is not truly great, if it cannot be great without you.
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By definition, it is not possible to everyone to be above the average.
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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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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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The secret to a successful retirement is to find your retirement sweet spot. The sweet spot is where your passions, what you do best, and what people will pay you to do overlap.
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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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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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The only mistakes you can learn from are the ones you survive.
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The greatest leaders build organizations that, in the end, don’t need them.
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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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A visionary company doesn’t simply balance between preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.
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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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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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A great company will have many once-in-a-liftetime opportunities.
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In a world of constant change, the fundamentals are more important than ever.
JAMES C. COLLINS






