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.
JAMES C. COLLINSThrow leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
More James C. Collins Quotes
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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
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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.
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Change your practices without abandoning your core values.
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Bad decisions made with good intentions, are still bad decisions.
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You absolutely must have the discipline not to hire until you find the right people.
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A great company will have many once-in-a-liftetime opportunities.
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Mediocrity results first and foremost from management failure, not technological failure.
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I can just let my curiosity wander unleashed.
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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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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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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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Discipline is consistency of action.
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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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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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Creativity dies in an indisciplined environment.
JAMES C. COLLINS