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
JAMES C. COLLINSThe only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
More James C. Collins Quotes
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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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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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I can just let my curiosity wander unleashed.
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I am completely Socratic.
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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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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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A great company will have many once-in-a-liftetime opportunities.
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People are not your most important asset….the right people are.
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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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We must reject the idea… Well-intentioned, but dead wrong… That the primary path to greatness in the social sectors is to become “more like a business.” Most businesses… Like most of anything else in life… Fall somewhere between mediocre and good.
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Companies that change best over time know first and foremost what should not change.
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The 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.
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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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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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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.
JAMES C. COLLINS







