By definition, it is not possible to everyone to be above the average.
JAMES C. COLLINSNot 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.
More James C. Collins Quotes
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The secret to a successful retirement is to find your retirement sweet spot. The sweet spot is where your passions, what you do best, and what people will pay you to do overlap.
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In a world of constant change, the fundamentals are more important than ever.
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I am completely Socratic.
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Discipline is consistency of action.
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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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Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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Companies that change best over time know first and foremost what should not change.
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If I were running a company today, I would have one priority above all others: to acquire as many of the best people as I could. I’d put off everything else to fill my bus. Because things are going to come back. My flywheel is going to start to turn.
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An organization is not truly great, if it cannot be great without you.
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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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A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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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.”
JAMES C. COLLINS