It’s what you do before you are in trouble, so that you can be strong when people most need you.
JAMES C. COLLINSYet at the same time they display a remarkable humility about themselves, ascribing much of their own success to luck, discipline and preparation rather than personal genius.
More James C. Collins Quotes
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I am completely Socratic.
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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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Discipline is consistency of action.
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If you have more than three priorities then you don’t have any.
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A great company will have many once-in-a-liftetime opportunities.
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You absolutely must have the discipline not to hire until you find the right people.
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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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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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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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I’ve never found an important decision made by a great organization that was made at a point of unanimity.
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You must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time, have the discipline to confront the most brutal facts of your current reality, whatever they might be.
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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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Those who build and perpetuate mediocrity…are motivated more by the fear of being left behind.
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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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Get involved in something that you care so much about that you want to make it the greatest it can possibly be, not because of what you will get, but just because it can be done.
JAMES C. COLLINS