Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
JAMES C. COLLINSWe 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.
More James C. Collins Quotes
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Change your practices without abandoning your core values.
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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.
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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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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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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 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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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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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.
JAMES C. COLLINS -
A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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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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By definition, it is not possible to everyone to be above the average.
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A great company will have many once-in-a-liftetime opportunities.
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Discipline is consistency of action.
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Profit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.
JAMES C. COLLINS