The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
JAMES C. COLLINSA visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
More James C. Collins Quotes
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Great companies foster a productive tension between continuity and change.
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In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not the very point of life
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In a world of constant change, the fundamentals are more important than ever.
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Those who turn good organizations into great organizations are motivated by a deep creative urge and an inner compulsion for sheer unadulterated excellence for its own sake.
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A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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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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By definition, it is not possible to everyone to be above the average.
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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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There is a sense of exhilaration that comes from facing head-on the hard truths and saying, “We will never give up. We will never capitulate. It might take a long time, but we will find a way to prevail.”
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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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Creative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
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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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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.
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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?
JAMES C. COLLINS