An organization is not truly great, if it cannot be great without you.
JAMES C. COLLINSBad decisions made with good intentions, are still bad decisions.
More James C. Collins Quotes
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Our findings do not represent a quick fix, or the next fashion statement in a long string of management fads, or the next buzzword of the day, or a new ‘program’ to introduce. No!
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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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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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Bad decisions made with good intentions, are still bad decisions.
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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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I am completely Socratic.
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If you have more than three priorities then you don’t have any.
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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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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 challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
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A great company will have many once-in-a-liftetime opportunities.
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By definition, it is not possible to everyone to be above the average.
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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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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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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.
JAMES C. COLLINS