Mediocrity results first and foremost from management failure, not technological failure.
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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…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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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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Genius 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.
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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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The only mistakes you can learn from are the ones you survive.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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The greatest leaders build organizations that, in the end, don’t need them.
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Companies that change best over time know first and foremost what should not change.
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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.
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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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Not one of the good-to-great companies focused obsessively on growth.
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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
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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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Great companies foster a productive tension between continuity and change.
JAMES C. COLLINS