Good to Great: Why Some Companies Make the Leap... and - download pdf or read online

By Jim Collins

ISBN-10: 0066620996

ISBN-13: 9780066620992

The problem
Built to Last, the defining administration research of the nineties, confirmed how nice businesses conquer time and the way long term sustained functionality could be engineered into the DNA of an firm from the verybeginning.

But what concerning the corporation that's not born with nice DNA? How can sturdy businesses, mediocre businesses, even undesirable businesses in attaining enduring greatness?

The learn
For years, this query preyed at the brain of Jim Collins. Are there businesses that defy gravity and convert long term mediocrity or worse into long term superiority? And if this is the case, what are the common distinguishing features that reason an organization to move from stable to nice?

The criteria
Using difficult benchmarks, Collins and his examine crew pointed out a suite of elite businesses that made the jump to nice effects and sustained these effects for no less than fifteen years. How nice? After the bounce, the good-to-great businesses generated cumulative inventory returns that beat the overall inventory industry by means of a typical of 7 instances in fifteen years, greater than two times the implications introduced by way of a composite index of the world's maximum businesses, together with Coca-Cola, Intel, common electrical, and Merck.

The Comparisons
The examine group contrasted the good-to-great businesses with a gently chosen set of comparability businesses that didn't take the plunge from stable to nice. What was once various? Why did one set of businesses develop into really nice performers whereas the opposite set remained merely solid?

Over 5 years, the group analyzed the histories of all twenty-eight businesses within the learn. After sifting via mountains of information and hundreds of thousands of pages of interviews, Collins and his team chanced on the most important determinants of greatness -- why a few businesses take the plunge and others don't.

The Findings
The findings of the nice to nice learn will shock many readers and make clear nearly each region of administration method and perform. The findings include:
* Level five Leaders: The study workforce was once stunned to find the kind of management required to accomplish greatness. * The Hedgehog Concept (Simplicity in the 3 Circles): to head from reliable to nice calls for transcending the curse of competence. * A tradition of Discipline: if you mix a tradition of self-discipline with an ethic of entrepreneurship, you get the mystical alchemy of significant effects. expertise Accelerators: Good-to-great businesses imagine otherwise concerning the function of expertise. * The Flywheel and the Doom Loop: those that release radical switch courses and wrenching restructurings will potentially fail to make the leap.</UL>
“Some of the foremost suggestions discerned within the study,” reviews Jim Collins, "fly within the face of our smooth company tradition and may, particularly frankly, disenchanted a few people.”

Perhaps, yet who can have the funds for to disregard those findings?

Show description

Read Online or Download Good to Great: Why Some Companies Make the Leap... and Others Don't PDF

Similar business books

Download e-book for kindle: A Consumers' Republic: The Politics of Mass Consumption in by Lizabeth Cohen

During this sign paintings of background, Bancroft Prize winner and Pulitzer Prize finalist Lizabeth Cohen indicates how the pursuit of prosperity after international struggle II fueled our pervasive patron mentality and reworked American life.

Trumpeted as a way to advertise the final welfare, mass intake speedy outgrew its fiscal pursuits and have become synonymous with patriotism, social equality, and the yankee Dream. fabric items got here to embrace the promise of the USA, and the facility of shoppers to buy every little thing from vacuum cleaners to convertibles gave upward push to the facility of electorate to buy political impact and influence social switch. but regardless of indisputable successes and remarkable affluence, mass intake additionally fostered monetary inequality and the fracturing of society alongside gender, classification, and racial strains. In charting the advanced legacy of our “Consumers’ Republic” Lizabeth Cohen has written a daring, encompassing, and profoundly influential booklet.

Read e-book online The Lenovo Way: Managing a Diverse Global Company for PDF

Construct your organization right into a international GIANT--THE LENOVO means

A robust ebook that indicates the step by step evolution of a brand new type of worldwide expertise powerhouse, The Lenovo means is quintessential studying for leaders and executives who care for technique, innovation, branding, and HR at any type of corporation. It additionally tells the striking tale of ways ladies from very assorted backgrounds rose to turn into leaders in Lenovo's trip to the pinnacle. The Lenovo means indicates enterprise leaders tips to achieve industry percentage and boost new company types. The concepts riding Lenovo’s ascent to the prime place within the workstation were in movement for years, and this publication exhibits how Lenovo, with roots in either East and West, did it. in response to exceptional entry to former and current CEOs and different best managers, The Lenovo approach tells the interesting tale of the increase of this impressive international model. It additionally presents valuable enterprise classes for the way to exploit Lenovo’s good fortune recommendations to develop your individual company's luck. development for a decade on its history-making acquisition of IBM's computer enterprise in 2005, this present day Lenovo is number 1 in international laptop revenues, and it's quickly gaining in revenues of drugs and smartphones. Lenovo is tough the world's largest and strongest manufacturers via strategies and new acquisitions to develop into a bigger strength in smartphones, servers, and cloud computing, and its CEO has been indexed as the most effective on this planet. utilizing the tale of Lenovo as a case research illustrating most sensible worldwide practices, The Lenovo means explains how you can: achieve industry proportion via maintaining middle strengths whereas seizing new possibilities Create a various and potent tradition that transcends all borders Lead your organization effectively throughout the chaos of switch Make innovation a part of your organizational DNA delivering key insights into the subjects most important to leaders of world companies, the authors discover the entire significant turning issues: from construction an iconic model to streamlining offer chains, whereas making the transition from a center company of desktops to a brand new company version. with a view to excel in today's industry, managers have to create a blueprint for an entire new point of globalization. you want to place your organization to proceed doing what it does top, but be poised not only to navigate but additionally to capitalize on switch and benefit from turmoil. glance to the corporate that has been capable of flip a various team right into a international company phenomenon. this is often it slow to profit how one can do it The Lenovo approach.

PRAISE FOR THE LENOVO method:

"In this publication, the authors pull again the covers and provides superb insights into this attention-grabbing association of the long run, sharing a blueprint that others can adapt so as to be a really worldwide association. "

-- DAVE ULRICH, Ross university of industrial, collage of Michigan; writer of HR Transformation and The Why of labor

"If you must develop your small business and switch international chance into fact, learn The Lenovo method. From the recent new release of girl management, this e-book stocks very important company classes for an international global. " -- CAROL EVANS, President, operating mom Media "Through groundbreaking and cutting edge management, Lenovo has confirmed that 'soft' values can result in large gains. The Lenovo manner exhibits how they did it--and how one can too. "

-- MARSHALL GOLDSMITH, writer of the hot York instances bestseller

What received You right here Won't Get You There "In The Lenovo method, authors Gina Qiao and Yolanda Conyers have mapped a path to good fortune for destiny international leaders. "

-- DEBORAH GILLIS, President and CEO, Catalyst

"The Lenovo approach is a needs to learn for leaders who're looking to practice worldwide management attributes in a dynamic international market. learn it! "

-- RONALD C. PARKER, President and CEO, the administrative management Council & origin; former SVP of HR and leader international variety Officer, PepsiCo

"Through vibrant storytelling and full of functional takeaways, The Lenovo means indicates, step-by-step, how this nimble corporation has turn into this kind of international player--and how their cutting edge workforce is at the leading edge of most sensible company practices. "

-- DAVE DUFFIELD, Co-founder and Chairman of the Board, Workday

"The Lenovo manner indicates leaders and bosses of any form of enterprise how prioritizing range really ends up in progress and good fortune. "

-- JOHN HALEY, CEO, Towers Watson

Download e-book for iPad: Telecom and IT Financial Handbook by P.J. Louis

This e-book offers details and instruments essential to aid technical humans comprehend the funds of telecom and IT in addition to sensible info from real-world examples from an writer with over 25 years of expertise. it isn't meant to be a "MBA in a Box". The instruction manual as a substitute specializes in the points which are most vital to make the technical person's existence more uncomplicated whilst facing monetary matters.

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

Example text

I spent a few short days with a senior Gillette executive and his wife at an executive conference in Hong Kong. During the course of our conversations, I asked them if they thought Colman Mockler, the C E O most responsible for Gillette's transition from good to great, had a great life. Colman's life revolved around three great loves, they told me: his family, Harvard, and Gillette. Even during the darkest and most intense times of the takeover crises of the 1980s and despite the increasingly global nature of Gillette's business, Mockler maintained remarkable balance in his life.

1° Later, after losing over $1 billion in the mid1980s, Bank of America recruited a gang of strong generals to turn the bank around. And where did it find those strong generals? From right across the street at Wells Fargo. "" At that point, Bank of America began to climb upward again, but it was too little too late. From 1973 to 1998, while 7 44 Jim Collins Wells Fargo went from buildup to breakthrough results, Bank of America's cumulative stock returns didn't even keep pace with the general market.

A Level 5 executive team member does not blindly acquiesce to authority and is a strong leader in her own right, so driven and talented that she builds her arena into one of the very best in the world. Yet each team member must also have the ability to meld that strength into doing whatever it takes to make the company great. An article on Philip Morris said of the Cullman era, "These guys never agreed on anything and they would argue about everything, and they would kill each other and involve everyone, high and low, talented people.

Download PDF sample

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


by Paul
4.5

Rated 4.98 of 5 – based on 23 votes

Categories: Business