Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
JAMES C. COLLINSCreative leadership impact increases in your 50’s. When I turn 50 I want to say, “Nice start!”
More James C. Collins Quotes
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We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
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Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results. They are resolved to do whatever it takes to make the company great, no matter how big or hard the decisions.
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If I’m going really, really fast, I can do a page of finished text a day, on average.
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You absolutely must have the discipline not to hire until you find the right people.
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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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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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Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
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Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
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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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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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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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By definition, it is not possible to everyone to be above the average.
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Not one of the good-to-great companies focused obsessively on growth.
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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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People are not your most important asset….the right people are.
JAMES C. COLLINS