Level 5 leaders are differentiated from other levels of leaders in that they have a wonderful blend of personal humility combined with extraordinary professional will.
JAMES C. COLLINSNot one of the good-to-great companies focused obsessively on growth.
More James C. Collins Quotes
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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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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.
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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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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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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 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.
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Mediocrity results first and foremost from management failure, not technological failure.
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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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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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You absolutely must have the discipline not to hire until you find the right people.
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Bad decisions made with good intentions, are still bad decisions.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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No matter what. Wherever your mind wanders, it seems to turn up at the same Field of Dreams. It’s the vision you wake up with in the morning, and it’s the last thing you picture before you fall asleep.
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Companies that change best over time know first and foremost what should not change.
JAMES C. COLLINS