Significant decisions carry risks and inevitably some will oppose it. In these settings, the great legislative leader must be artful in handling uncomfortable decisions, and this requires rigor.
JAMES C. COLLINSMediocrity results first and foremost from management failure, not technological failure.
More James C. Collins Quotes
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The 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.
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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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You absolutely must have the discipline not to hire until you find the right people.
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The greatest leaders build organizations that, in the end, don’t need them.
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If you have more than three priorities then you don’t have any.
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People are not your most important asset….the right people are.
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Companies that change best over time know first and foremost what should not change.
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A great company will have many once-in-a-liftetime opportunities.
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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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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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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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I can just let my curiosity wander unleashed.
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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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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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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.
JAMES C. COLLINS