Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
JAMES C. COLLINSThe 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.
More James C. Collins Quotes
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If you have a charismatic cause you don’t need to be a charismatic leader.
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Great companies foster a productive tension between continuity and change.
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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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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.’s all grown from the inside – well, that is one key reason why G.E. is a visionary company.
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I am completely Socratic.
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Yet at the same time they display a remarkable humility about themselves, ascribing much of their own success to luck, discipline and preparation rather than personal genius.
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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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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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Not one of the good-to-great companies focused obsessively on growth.
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Companies that change best over time know first and foremost what should not change.
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…the question, Why try for greatness? would seem almost tautological. If you’re doing something you care that much about, and you believe in its purpose deeply enough, then it is impossible to imagine not trying to make it great. It’s just a given.
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It’s what you do before you are in trouble, so that you can be strong when people most need you.
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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 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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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.
JAMES C. COLLINS