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. 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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Bad decisions made with good intentions, are still bad decisions.
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I am completely Socratic.
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Get involved in something that you care so much about that you want to make it the greatest it can possibly be, not because of what you will get, but just because it can be done.
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You must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time, have the discipline to confront the most brutal facts of your current reality, whatever they might be.
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Companies that change best over time know first and foremost what should not change.
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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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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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If you have a charismatic cause you don’t need to be a charismatic leader.
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A visionary company doesn’t simply balance between preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.
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Mediocrity results first and foremost from management failure, not technological failure.
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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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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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Creative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
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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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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.
JAMES C. COLLINS