The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
JAMES C. COLLINSThere 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.”
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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Bad decisions made with good intentions, are still bad decisions.
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I can just let my curiosity wander unleashed.
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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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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.
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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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We must reject the idea… Well-intentioned, but dead wrong… That the primary path to greatness in the social sectors is to become “more like a business.” Most businesses… Like most of anything else in life… Fall somewhere between mediocre and good.
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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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You absolutely must have the discipline not to hire until you find the right people.
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Change your practices without abandoning your core values.
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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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First 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.
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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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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
JAMES C. COLLINS