Today could be the day that you start a whole year of unlimited reading!
Add this book to bookshelf
Grey 902feb64d8b6d481ab8ddda06fbebbba4c95dfa9b7936a7beeb197266cd8b846
Write a new comment Default profile 50px
Grey 902feb64d8b6d481ab8ddda06fbebbba4c95dfa9b7936a7beeb197266cd8b846
Read online the first chapters of this book!
All characters reduced 7236434c7af12f85357591f712aa5cce47c3d377e8addfc98f989c55a4ef4ca5
Good to Great - Why Some Companies Make the LeapAnd Others Don't - cover

Good to Great - Why Some Companies Make the LeapAnd Others Don't

Jim Collins

Publisher: HarperBusiness

  • 0
  • 13
  • 0

Summary

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 verybeginning.  
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 world's 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?

Other books that might interest you

  • Job Interview Sample Questions - cover

    Job Interview Sample Questions

    Robert House

    • 0
    • 1
    • 0
    Be prepared when you conduct your next interview with questions to ask. Do not blow it now! 
    You have the interview and now take the time to look at some sample questions to help you ask great questions of the interviewer that will impress them and help you to understand more about the many aspects of the job you are applying for.
    Show book
  • 201 Knockout Answers to Tough Interview Questions - The Ultimate Guide to Handling the New Competency-Based Interview Style - cover

    201 Knockout Answers to Tough...

    Linda Matias

    • 0
    • 1
    • 0
    Increasingly, employers today are using a tough new kind of interview to evaluate candidates and determine how well they think on their feet. To be successful in these new competency-based interviews, job seekers must be prepared with situation-specific examples that highlight the accomplishments, knowledge, and abilities they have that employers need. Featuring a plethora of sample questions-and winning answers-this book is organized by the five core competencies most interviewers are looking for: * Individual responsibility (decisiveness, independence, flexibility, career goals) * Managerial skills (leadership, delegation, strategic planning) * Motivational factors (ambition, initiative) * Analytical skills (problem solving, attention to detail) * People skills (teamwork, communication, customer service) This indispensable guide features fill-in-the-blank exercises readers can use to prepare themselves to demonstrate sought-after competencies and wow potential employers. It's a powerful book no job seeker should be without.
    Show book
  • The Murder of Lehman Brothers an Insider's Look at the Global Meltdown - cover

    The Murder of Lehman Brothers an...

    Joseph Tibman

    • 0
    • 1
    • 0
    The aftershocks of the 2008 financial crisis still appear in the headlines most recently the government's quest to crush Moodys and S&P for failure to rate securities correctly given the risk. Were these agencies the only responsible parties? 
    
    “To me, as a multi-decade, veteran Lehman investment banker, the breathtaking death of my firm appeared impossible as little as three days ahead of the bankruptcy filing.  Not only did I consider our ‘master of the universe’ firm invincible, but, like my colleagues, when it became clear we were in deep trouble, it was unfathomable that the US government could misstep so foolishly as to let any bulge bracket investment bank simply fail. The worst case seemed to be the Bear Stearns route.”
    
    For the first time, Joe Tibman pulls back the kimono to share intriguing information and detail about Lehman Brothers and the economic meltdown that has never before been revealed:
    
    • How Lehman Brothers almost went under 10 years earlier but was, in a lucky turn of events, rescued from the brink of disaster when the U.S. government bailed out Mexico before it defaulted on billions of dollars in bonds?
    
    • How, in the most detailed and intimate account of Lehman after the September 11, 2001 terrorist attack, when the firm and its people were ripped from their home, Fuld’s “One Firm” strategy finally took root, sweeping away the vestiges of internal war inside Lehman’s own halls, turning tragedy to triumph for a newly united firm where survival and success meant much more than a payday?
    
    • What role did Paulson play?  Cox?  Bernanke? Greenspan?  Geithner?  Clinton? Phil Gramm?  Congress? Summers? 
    
    • No reporter has ever been able to uncover why the rating agencies rated subprime securities so high.  These agencies have never come clean with a clear statement on this issue.  They just fired subprime analysts.  For the first time in this book, Tibman discloses the key facts behind the subprime rating disaster.
    Show book
  • In Search of Excellence - Lessons from America's Best-Run Companies - cover

    In Search of Excellence -...

    Thomas J. Peters, Robert H....

    • 0
    • 4
    • 0
    The "Greatest Business Book of All Time" (Bloomsbury UK), In Search of Excellence has long been a must-have for the boardroom, business school, and bedside table. 
    Based on a study of forty-three of America's best-run companies from a diverse array of business sectors, In Search of Excellence describes eight basic principles of management -- action-stimulating, people-oriented, profit-maximizing practices -- that made these organizations successful. 
    Joining the HarperBusiness Essentials series, this phenomenal bestseller features a new Authors' Note, and reintroduces these vital principles in an accessible and practical way for today's management reader.
    Show book
  • All Player HD Pro - cover

    All Player HD Pro

    All Player Hd Pro

    • 0
    • 1
    • 0
    All Player HD Pro is the best video player and mp3 music player for Android. Watch tv shows, movies, music videos as well as locally stored FLV and SWF flash video files. (You don't need to install Adobe Flash Player Plugin.)
    This is a highly efficient and convenient video playback tool. We ensure that your file is played original resolution, though the optimization of the encoding format files playback speed and effectiveness to achieve the best results.
    Do you know something about video formats from wiki? Come to read.
    Many analog and digital recording formats could be in use, and digital video clips could also be stored on a computer file system as files, which have their own formats. In addition to the physical format used by the data storage device or transmission medium, the stream of ones and zeros that could be sent must be in a particular digital video compression format, of which a number are available.
    Show book
  • Knockout Interview Answers - 52 brilliant ideas to make job hunting a piece of cake - cover

    Knockout Interview Answers - 52...

    Ken Langdon

    • 0
    • 1
    • 0
    Knockout interview answers is a collaboration between best-selling business author Ken Langdon and human resources specialist Nikki Cartwright. Unlike the majority of interview techniques books this book steers clear of blindingly obvious advice such as not to wear track-suit bottoms or turn up drunk to your interview, and instead provides a way into the mind of the interviewer so that you can spot the likely questions and know how to answer them differently depending on the perspective of the interviewer.
    Show book