It’s what you do before you are in trouble, so that you can be strong when people most need you.
JAMES C. COLLINSThe only way to make any company visionary is through a long-term commitment to an eternal process of building the organization to preserve the core and stimulate progress.
More James C. Collins Quotes
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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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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.
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If you have a charismatic cause you don’t need to be a charismatic leader.
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Profit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.
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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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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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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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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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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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We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
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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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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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First figure out your partners, then figure out what ideas to pursue. The most important thing isn’t the market you target, the product you develop or the financing, but the founding team.
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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.
JAMES C. COLLINS