We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
JAMES C. COLLINSYou absolutely must have the discipline not to hire until you find the right people.
More James C. Collins Quotes
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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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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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You must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time, have the discipline to confront the most brutal facts of your current reality, whatever they might be.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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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 purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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Mediocrity results first and foremost from management failure, not technological failure.
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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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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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Great companies foster a productive tension between continuity and change.
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If you have more than three priorities then you don’t have any.
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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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If I’m going really, really fast, I can do a page of finished text a day, on average.
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Bad decisions made with good intentions, are still bad decisions.
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Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
JAMES C. COLLINS