Good to Great

Description

Jim Collins’s excellent to exceptional looks at why some businesses stagnate while others leap from being just excellent to becoming very exceptional. By use of comprehensive study and case studies, Collins reveals important elements guiding long-term success. Emphasizing that very outstanding leaders mix personal humility with professional will, he presents the idea of Level 5 Leadership. The Hedgehog Concept exhorts companies to concentrate on their strongest suit, their passion project, and their driving force for financial success.

The Flywheel Effect is another fundamental idea that emphasizes the need of steady, slow improvement throughout time. Collins also emphasizes the significance of businesses acquiring the “right people on the bus”—that is, making sure their team is in place before choosing a course of action. The book issues a warning about the “Doom Loop,” in which businesses implement radical changes without a clear, consistent direction, therefore causing failure.

Collins also looks at the need of disciplined thought and behavior, pushing businesses to face hard truths while keeping relentless trust in their goal. Good to Great offers ageless principles relevant to firms, leaders, and people striving for long-term excellence by examining enterprises that effectively moved to greatness. Whether your business is little or you are an executive, entrepreneur, or just someone looking for development, this book provides insightful analysis of reaching ongoing success.