People are not your most important asset….the right people are.
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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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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A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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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 purpose of bureaucracy is to compensate for incompetence and lack of discipline.
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Bad decisions made with good intentions, are still bad decisions.
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Great companies foster a productive tension between continuity and change.
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Creativity dies in an indisciplined environment.
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Change your practices without abandoning your core values.
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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 best CEOs in our research display tremendous ambition for their company combined with the stoic will to do whatever it takes, no matter how brutal (within the bounds of the company’s core values), to make the company great.
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Our findings do not represent a quick fix, or the next fashion statement in a long string of management fads, or the next buzzword of the day, or a new ‘program’ to introduce. No!
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If you have more than three priorities then you don’t have any.
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Companies that change best over time know first and foremost what should not change.
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Whether you prevail or fail depends more on what you do to yourself than on what the world does to you.
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In a world of constant change, the fundamentals are more important than ever.
JAMES C. COLLINS