Good to Great: Why Some Companies Make the Leap...And Why Some Companies Never Do

In his groundbreaking book, Good to Great, Jim Collins sets out to answer the question of why some companies make the leap from good to great while others never do. Through extensive research and case studies, Collins uncovers the key factors that distinguish great companies from good ones, providing a roadmap for businesses seeking to achieve lasting success.

Collins' research team spent five years studying 11 companies that made the transition from good to great, and compared them to a control group of companies that remained good but never achieved greatness. The research revealed several key differences between the two groups of companies, including:

• Leadership: Great companies have strong leaders who are able to inspire and motivate their employees, and who are committed to building a culture of excellence.
• Strategy: Great companies have a clear and concise strategy that is aligned with the company's core values and capabilities.
• Execution: Great companies are able to execute their strategy effectively, and they are relentless in their pursuit of improvement.

Collins identified seven key factors that contribute to the success of great companies:

How the Mighty Fall: And Why Some Companies Never Give In (Good to Great Book 4)

by Jim Collins

4.6 out of 5

Language	:	English
File size	:	2849 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	244 pages

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1. Level 5 Leadership: Great companies are led by Level 5 leaders, who are humble, determined, and self-effacing.
2. First Who, Then What: Great companies focus on getting the right people on the bus, and then figuring out where to drive it.
3. Confront the Brutal Facts (Yet Never Lose Faith): Great companies are willing to face the truth about their situation, and they never give up on their goals.
4. The Hedgehog Concept: Great companies understand their core competencies and focus on ng what they do best.
5. A Culture of Discipline: Great companies have a culture of discipline that is based on self-control and accountability.
6. Technology Accelerators: Great companies use technology to accelerate their progress, but they never rely on it as a substitute for good management.
7. The Flywheel Effect: Great companies build momentum through a flywheel effect, where each success leads to another success.

Collins concludes by arguing that the difference between good companies and great companies is not a matter of luck or circumstance, but rather a matter of choice. Great companies are built by leaders who are willing to make the hard choices, and who are committed to building a culture of excellence.

If you are a leader who is looking to take your company to the next level, then I encourage you to read Good to Great. Collins' insights are invaluable, and his roadmap for success is proven to work.

How the Mighty Fall: And Why Some Companies Never Give In (Good to Great Book 4)

by Jim Collins

4.6 out of 5

Language	:	English
File size	:	2849 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	244 pages

FREE