Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
JAMES C. COLLINSI am completely Socratic.
More James C. Collins Quotes
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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.
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Great companies foster a productive tension between continuity and change.
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Companies that change best over time know first and foremost what should not change.
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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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In an ironic twist, I now see Good to Great not as a sequel to Built to Last, but more of a prequel. Good to Great is about how to turn a good organization into one that produces sustained great results.
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You absolutely must have the discipline not to hire until you find the right people.
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Creativity dies in an indisciplined environment.
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Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
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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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If I were running a company today, I would have one priority above all others: to acquire as many of the best people as I could. I’d put off everything else to fill my bus. Because things are going to come back. My flywheel is going to start to turn.
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A great company will have many once-in-a-liftetime opportunities.
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The only acceptable goals are measurable,” but that’s actually an undisciplined statement. Lots of goals-beauty, quality, life change, love-are worthy but not quantifiable. But you do have to be able to tell if you’re making progress.
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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 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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Change your practices without abandoning your core values.
JAMES C. COLLINS







