The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
JAMES C. COLLINSGet 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.
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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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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I can just let my curiosity wander unleashed.
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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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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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Bad decisions made with good intentions, are still bad 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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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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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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Creativity dies in an indisciplined environment.
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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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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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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
JAMES C. COLLINS