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.
JAMES C. COLLINS…the question, Why try for greatness? would seem almost tautological. If you’re doing something you care that much about, and you believe in its purpose deeply enough, then it is impossible to imagine not trying to make it great. It’s just a given.
More James C. Collins Quotes
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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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Throw leaders into an extreme environment, and it will separate the stark differences between greatness and mediocrity.
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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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Not all time in life is equal. How many opportunities do you get to talk about what your life is going to add up to with people thinking about the same question?
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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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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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Discipline is consistency of action.
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I can just let my curiosity wander unleashed.
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Companies that change best over time know first and foremost what should not change.
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You absolutely must have the discipline not to hire until you find the right people.
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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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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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If you have more than three priorities then you don’t have any.
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The main point is first get the right people on the bus (and wrong people off the bus) before you figure out where to drive it. The second key point is the degree of sheer rigor in people decisions in order to take a company from Good to Great.
JAMES C. COLLINS