It may seem odd to talk about something as soft and fuzzy as “passion” as an integral part of a strategic framework. But throughout the good-to-great companies, passion became a key part of the Hedgehog Concept.
JAMES C. COLLINSBad decisions made with good intentions, are still bad decisions.
More James C. Collins Quotes
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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 preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.
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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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The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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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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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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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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Creative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
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The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment – you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out.
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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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People are not your most important asset….the right people are.
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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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Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
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Discipline is consistency of action.
JAMES C. COLLINS