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. COLLINSThe challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
More James C. Collins Quotes
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I can just let my curiosity wander unleashed.
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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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You absolutely must have the discipline not to hire until you find the right people.
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Creativity dies in an indisciplined environment.
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Companies that change best over time know first and foremost what should not change.
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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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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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Yet at the same time they display a remarkable humility about themselves, ascribing much of their own success to luck, discipline and preparation rather than personal genius.
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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 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.
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The main point is first get the right people on the bus (and wrong people off the bus) before you figure out where to drive it. The second key point is the degree of sheer rigor in people decisions in order to take a company from Good to Great.
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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’s what you do before you are in trouble, so that you can be strong when people most need you.
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Bad decisions made with good intentions, are still bad decisions.
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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.
JAMES C. COLLINS