You not only want to win a gold medal at the Olympics, you not only can see yourself standing there on the podium, but you can also feel the goose bumps as your national anthem is played; the tears are in your eyes. (That’s how real a dream can be and should be)
JAMES C. COLLINSGenius 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.
More James C. Collins Quotes
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Companies that change best over time know first and foremost what should not change.
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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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The only acceptable goals are measurable,” but that’s actually an undisciplined statement. Lots of goals-beauty, quality, life change, love-are worthy but not quantifiable. But you do have to be able to tell if you’re making progress.
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Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
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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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An organization is not truly great, if it cannot be great without you.
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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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Creativity dies in an indisciplined environment.
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Great companies foster a productive tension between continuity and change.
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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.
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Significant decisions carry risks and inevitably some will oppose it. In these settings, the great legislative leader must be artful in handling uncomfortable decisions, and this requires rigor.
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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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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 greatest leaders build organizations that, in the end, don’t need them.
JAMES C. COLLINS