The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment – you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out.
JAMES C. COLLINSPeople are not your most important asset….the right people are.
More James C. Collins Quotes
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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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The greatest leaders build organizations that, in the end, don’t need them.
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Mediocrity results first and foremost from management failure, not technological failure.
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The moment you feel the need to tightly manage someone, you’ve made a hiring mistake. The best people don’t need to be managed. Guided, taught, led-yes. But not tightly managed.
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Not one of the good-to-great companies focused obsessively on growth.
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Level 5 leaders are differentiated from other levels of leaders in that they have a wonderful blend of personal humility combined with extraordinary professional will.
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The best CEOs in our research display tremendous ambition for their company combined with the stoic will to do whatever it takes, no matter how brutal (within the bounds of the company’s core values), to make the company great.
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Great companies foster a productive tension between continuity and change.
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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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Not all time in life is equal. How many opportunities do you get to talk about what your life is going to add up to with people thinking about the same question?
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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
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I am completely Socratic.
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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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A great company will have many once-in-a-liftetime opportunities.
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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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Bad decisions made with good intentions, are still bad decisions.
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You not only want to win a gold medal at the Olympics, you not only can see yourself standing there on the podium, but you can also feel the goose bumps as your national anthem is played; the tears are in your eyes. (That’s how real a dream can be and should be)
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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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People are not your most important asset….the right people are.
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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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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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Creativity dies in an indisciplined environment.
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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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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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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
JAMES C. COLLINS