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.
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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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 great company will have many once-in-a-liftetime opportunities.
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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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I am completely Socratic.
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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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Bad decisions made with good intentions, are still bad decisions.
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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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The only mistakes you can learn from are the ones you survive.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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In an ironic twist, I now see Good to Great not as a sequel to Built to Last, but more of a prequel. Good to Great is about how to turn a good organization into one that produces sustained great results.
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Creativity dies in an indisciplined environment.
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The greatest leaders build organizations that, in the end, don’t need them.
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We learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
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By definition, it is not possible to everyone to be above the average.
JAMES C. COLLINS