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.
JAMES C. COLLINSBy definition, it is not possible to everyone to be above the average.
More James C. Collins Quotes
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Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results. They are resolved to do whatever it takes to make the company great, no matter how big or hard the 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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By definition, it is not possible to everyone to be above the average.
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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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If you have more than three priorities then you don’t have any.
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Get involved in something that you care so much about that you want to make it the greatest it can possibly be, not because of what you will get, but just because it can be done.
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The only mistakes you can learn from are the ones you survive.
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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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Mediocrity results first and foremost from management failure, not technological failure.
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…the question, Why try for greatness? would seem almost tautological. If you’re doing something you care that much about, and you believe in its purpose deeply enough, then it is impossible to imagine not trying to make it great. It’s just a given.
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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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A great company will have many once-in-a-liftetime opportunities.
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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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In a world of constant change, the fundamentals are more important than ever.
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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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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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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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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 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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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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Change your practices without abandoning your core values.
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Bad decisions made with good intentions, are still bad decisions.
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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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The greatest leaders build organizations that, in the end, don’t need them.
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I can just let my curiosity wander unleashed.
JAMES C. COLLINS