A great company will have many once-in-a-liftetime opportunities.
JAMES C. COLLINSIf I’m going really, really fast, I can do a page of finished text a day, on average.
More James C. Collins Quotes
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Not one of the good-to-great companies focused obsessively on growth.
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I can just let my curiosity wander unleashed.
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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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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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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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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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If I’m going really, really fast, I can do a page of finished text a day, on average.
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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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In a world of constant change, the fundamentals are more important than ever.
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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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Discipline is consistency of action.
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You not only want to win a gold medal at the Olympics, you not only can see yourself standing there on the podium, but you can also feel the goose bumps as your national anthem is played; the tears are in your eyes. (That’s how real a dream can be and should be)
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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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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.’s all grown from the inside – well, that is one key reason why G.E. is a visionary company.
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An organization is not truly great, if it cannot be great without you.
JAMES C. COLLINS