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Quotations

"The secret of joy in work is contained in one word - excellence. To know how to do something well is to enjoy it."

  - Pearl Buck,
The Joy of Children,
1964

 

 

Good to Great:
Why Some Companies Make the Leap... and Others Don't

 
  by Jim Collins
 
 
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By The Numbers
 Product Details

  Format: Hardcover, 1st ed., 320 pages
  Publisher: HarperCollins Publishers
  ISBN: 0066620996
  Release Date: Jan 1, 2002

  Average Reader Review: One Thumb UpOne Thumb UpOne Thumb UpOne Thumb UpNo Thumb Up (Based on 1 review.)


 
 
Cover to Cover
 In Brief
The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include:
  • Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness.
  • The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence.
  • A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology
  • Accelerators: Good-to-great companies think differently about the role of technology.
  • The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap.


 
 
 From The Publisher
The Challenge

Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning.

But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness?

The Study

For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great?

The Standards

Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the worldÕs greatest companies, including Coca-Cola, Intel, General Electric, and Merck.

The Comparisons

The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good?

Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness why some companies make the leap and others don't.

The Findings

The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include:

  • Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness.
  • The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence.
  • A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results.
  • Technology Accelerators: Good-to-great companies think differently about the role of technology.
  • The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap.


Some of the key concepts discerned in the study, comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people. Perhaps, but who can afford to ignore these findings?


 
 
The Reader's Corner
  Product Review
 
 Number of Reviews: 1     Average Rating: One Thumb UpOne Thumb UpOne Thumb UpOne Thumb UpNo Thumb Up

Greatly interesting
   One Thumb UpOne Thumb UpOne Thumb UpOne Thumb UpNo Thumb Up

-- A reviewer, August 16, 2002

Also Recommended: Guerilla PR: Wired - because it also combines examples and ideas that a reader can use in their own live


 
 
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All Topics > Business & Investing > General
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All Topics > Business & Investing > Management & Leadership > Systems & Planning
All Topics > Business & Investing > Small Business & Entrepreneurship > Entrepreneurship
All Topics > Business & Professional


 
 
 These specific items are very similiar:

Good to Great: Why Some Companies Make the Leap... and Others Don't , by Jim Collins

Good to Great: Why Some Companies Make the Leap... and Others Don't , by Jim Collins

 
 
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Now, Discover Your Strengths, by Marcus Buckingham

Built to Last: Successful Habits of Visionary Companies, by James C. Collins

The Tipping Point: How Little Things Can Make a Big Difference, by Malcolm Gladwell

 
 
 Keywords
Leadership, Strategic planning, Organizational change, Technological innovations, Management, Business / Economics / Finance, Business & Economics, Management - General, Entrepreneurship, Reading Group Guide

 
 
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Inverse Black Hole
By the Numbers
By the Numbers
Cover To Cover
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Reader's Corner
Reader's Corner
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Inverse Black Hole
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