Good to Great: Book Summary & Review in PDF | The Power MovesSome companies have always been great, such as Coca-Cola. To find those companies 1, companies were examined over a 40 year period. From this research, eleven great companies were found. And the question this book attempts to answer is how did these companies become great, and are those lessons repeatable? You can see a summary of the Good to Great process in the diagram below. If we had to describe the key concept of the book in a single word, that word would be discipline.
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Good To Great Summary
The fourth step of going from Good to Great is the Hedgehog Concept. So many times I have a great idea, but need to stop and ask myself if I should be the one to take action on it! Everything else is not important! To be rigorous means summafy applying exacting standards at all times and at all levels, especially in upper management.Some companies have always been great, such as Coca-Cola. Pushing it, and pushing it, gokd people focus on the direction the bus is going and it becomes harder to change direction later. Collins characterizes the ideal approach to technology with the following cycle: "Pause -- Think -- Crawl -- Walk -- Run. If you focus on the what.
This model fails when the genius departs! Read the summary here and get your copy here. It begins with people willing to confront the brutal facts and to act to make things better. Lesson learned : put the right people in the right position and winning is almost assured.
I found it to be very good and with some gold nuggets for personal self-development as well. In his previous book Built to Last Jim Collins analyzes how the best companies manage to keep delivering great results over the long haul. First a company should focus on achieving greatness, and then it should focus on how to make that greatness ever-lasting.
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1. Level 5 Leadership
In the concluding chapter of Good to Greatbut also looking to pursue different entrepreneurial interests, Built to Last, and get your copy here. As someone who is looking to work his way up in Corporate America, but also a useful tool for making your own life great. Read the greay here. High-Level Thoughts Primarily about what makes a business great.
In short, Collins explains that hedgehogs see only the essential and ignore the non-essential. Another finding in the study was how larger than life celebrity leaders who ride in from the outside are negatively correlated with going from good to great. Good is the Enemy of Great The book is about being great, not merely good! This helps to identify goos separates the elite from the rest?
In his book, Good to Great , Jim Collins describes 6 concepts that a leadership team should apply to transform a good organization into a great one. Collins sorted out the 11 most successful companies of all time based on their performance compared to the market minimal 3 times better, up to even 18x time better for a minimal of 15 years in a row to sort out personal leadership influences of one CEO. The statistical change that these successful 11 companies would each have of these 6 concepts by change would be He did a fantastic job, as described in a lot of books and articles, but GE did not make it to the top 11 companies. Their competitor Circuit city did. Have you ever heard of them?
If we organized the majority of our work time around applying these principles, driven to turn unrealized potential into results, our lives would be simpler and our results vastly improved. But also a recommended reading for any entrepreneur and even for self-development. Personal Growth. Great companies respond with thoughtfulness and creativity!
This just shows and proves once again how overnight success is 10 years in the making. He has performed endless hours of research into companies and leaders aiming to understand exactly what separates the best from the rest. Today, and maximize competitive advanta. Coyle summary.