The greatest leaders build organizations that, in the end, don’t need them.
JAMES C. COLLINSFirst 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.
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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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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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
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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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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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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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Creativity dies in an indisciplined environment.
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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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Change your practices without abandoning your core values.
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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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You absolutely must have the discipline not to hire until you find the right people.
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An organization is not truly great, if it cannot be great without you.
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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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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 best CEOs in our research display tremendous ambition for their company combined with the stoic will to do whatever it takes, no matter how brutal (within the bounds of the company’s core values), to make the company great.
JAMES C. COLLINS