Good to Great by Jim Collins is still powerful leadership reading after all these years....
Good to Great is a powerful leadership read by Jim Collins Good to Great has been a wildly popular and influential book for many leaders around the world. Jim Collins and his team of researchers asked a big question, “why do some companies soar and others go south in the same market at the same time?”
What they discovered has had powerful impact on me and the organizations that I lead. And it has been wildly popular and useful for a lot of other leaders as well.
Collins charged his team with one cardinal rule which was that ‘leadership’ could not come back as the answer to the success and failure of the companies in the study. He believed that ‘leadership’ was too obvious an answer and that they needed to dig deeper than that to unearth the inner workings that made some companies great and others irrelevant.
The team analyzed publicly traded companies because their financial records were easily accessible and usable for quantitative analysis. The companies that fell into obscurity were called the ‘comparison companies’ while the companies that became ‘great’ were called “good to great companies”. The companies analyzed had to have at least 15 years of public records. Companies were matched for age, market, and history of origin. The study matched companies like Krogers against A & P because they had a similar origin, had been around about the same length of time and were competing for the same slice of the market.
The researchers watched for an ‘inflection’ point in the stock prices where the good to great company began to take off while the comparison companies profits began to head south.
What the researchers wanted to know was, ‘Why?’ Why did one company go on to succeed while the other disappeared?
They called the inflection point, ‘The Black Box’ and wanted to know what was in the box? What was in that box that allowed one company to zoom while the comparison company wound up on the business ‘scrap heap?’
They uncovered 5 Ideas in the black box. And, like finding buried treasure leaders who unearth these 5 keys will be all the richer as will the teams that they serve.
What'd they find in the Black Box? Level 5 Leadership First Who, Then What Confront the Brutal Facts The Hedgehog Concept A Culture of Discipline Technology Accelerators The Doom Loop and the Fly Wheel
This is a 5 Star Read! It'd be hard for me to 'oversell' this work. Although Collins and his team did a lot of research and analysis the book reads easily with ample real-life stories that will engage, challenge, and offer insights that you can put into motion right away.
Build YOUR Leadership Muscle Here!
Jim Collins and his research team unearthed a treasure trove of powerful leadership principles.
JimCollins.com is a tour-de-force of great 'stuff' to learn more.
Learn about other great leadership books here.
Good to Great is One of the Books Reviewed at JeffFuson.com
What they discovered has had powerful impact on me and the organizations that I lead. And it has been wildly popular and useful for a lot of other leaders as well.
Collins charged his team with one cardinal rule which was that ‘leadership’ could not come back as the answer to the success and failure of the companies in the study. He believed that ‘leadership’ was too obvious an answer and that they needed to dig deeper than that to unearth the inner workings that made some companies great and others irrelevant.
The team analyzed publicly traded companies because their financial records were easily accessible and usable for quantitative analysis. The companies that fell into obscurity were called the ‘comparison companies’ while the companies that became ‘great’ were called “good to great companies”. The companies analyzed had to have at least 15 years of public records. Companies were matched for age, market, and history of origin. The study matched companies like Krogers against A & P because they had a similar origin, had been around about the same length of time and were competing for the same slice of the market.
The researchers watched for an ‘inflection’ point in the stock prices where the good to great company began to take off while the comparison companies profits began to head south.
What the researchers wanted to know was, ‘Why?’ Why did one company go on to succeed while the other disappeared?
They called the inflection point, ‘The Black Box’ and wanted to know what was in the box? What was in that box that allowed one company to zoom while the comparison company wound up on the business ‘scrap heap?’
They uncovered 5 Ideas in the black box. And, like finding buried treasure leaders who unearth these 5 keys will be all the richer as will the teams that they serve.
What'd they find in the Black Box? Level 5 Leadership First Who, Then What Confront the Brutal Facts The Hedgehog Concept A Culture of Discipline Technology Accelerators The Doom Loop and the Fly Wheel
This is a 5 Star Read! It'd be hard for me to 'oversell' this work. Although Collins and his team did a lot of research and analysis the book reads easily with ample real-life stories that will engage, challenge, and offer insights that you can put into motion right away.
Build YOUR Leadership Muscle Here!
Jim Collins and his research team unearthed a treasure trove of powerful leadership principles.
JimCollins.com is a tour-de-force of great 'stuff' to learn more.
Learn about other great leadership books here.
Good to Great is One of the Books Reviewed at JeffFuson.com