Features of Good to Great by Jim Collins PDF
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.Good to Great by Jim Collins PDF
But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness?
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?
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 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 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?
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Description of Good to Great by Jim Collins PDF
This book is one of the best selling books for the subject of science and math for all
Students and professionals around the world who aspire to achieve excellency in their courses and field for better understanding and teaching their pupils and themselves. It is a must read atleast once a lifetime
So download Good to Great by Jim Collins PDF here.
Jim Collins is a student and teacher of what makes great companies tick, and a Socratic advisor to leaders in the business and social sectors. Having invested more than a quarter-century in rigorous research, he has authored or coauthored six books that have sold in total more than 10 million copies worldwide. They include Good to Great, Built to Last, How the Mighty Fall, and Great by Choice.
Driven by a relentless curiosity, Jim began his research and teaching career on the faculty at the Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. In 1995, he founded a management laboratory in Boulder, Colorado.
In addition to his work in the business sector, Jim has a passion for learning and teaching in the social sectors, including education, healthcare, government, faith-based organizations, social ventures, and cause-driven nonprofits.
In 2012 and 2013, he had the honor to serve a two-year appointment as the Class of 1951 Chair for the Study of Leadership at the United States Military Academy at West Point. In 2017, Forbes selected Jim as one of the 100 Greatest Living Business Minds.
Jim has been an avid rock climber for more than forty years and has completed single-day ascents of El Capitan and Half Dome in Yosemite Valley.
Learn more about Jim and his concepts at his website, where you’ll find articles, videos, and useful tools. jimcollins.com
Dimensions and Characteristics of Good to Great by Jim Collins PDF
- Identification Number : 0066620996
- Publisher : HarperBusiness; 1st edition (October 16, 2001)
- Language : English
- Hardcover : 400 pages
- International Standard Book Number-10 : 9780066620992
- International Standard Book Number-13 : 978-0066620992
- Item Weight : 1.1 pounds
- Dimensions : 6.12 x 1.05 x 9.25 inches
October 2, 2018
June 25, 2018
May 7, 2019
This is a Fad book that criticizes Fads…
The companies this book glorifies…have virtually all FAILED spectacularly following their business models since publication.
Fannie Mae is praised constantly for gambling in the capital markets with Wallstreet…how did that work out in 2008?!
Walgreens gained market share as a “hedgehog”…then became a bloated celebrity-obsessed Leftist corporation and enabled THERANOS!
Wells Fargo abandoned the safe banking model after deregulation… “hedgehog”…then started robbing their customers, and engaging in massive fraud…then the executive class threw local managers under the bus and escaped with their parachutes..
Circuit city focused on quality delivery experience…”hedgehog”…then they sat there and rotted away and were obliterated by the internet.
The list goes on. Don’t buy this book.
July 30, 2020
The advice and research in this book applies to very large corporations, with very specific investment returns over a period of time. Very little advice could be applied to small businesses (maybe the Hedgehog concept). Sure their research is impressive, but even the author admits most of this could not be consciously recreated. One of his “great” companies was Circuit City and they closed up just a few years after writing this book. All their choices of “great” companies were made based on stock market returns and they were very clear about this…for those who don’t understand what this means; the author based his research of “great” companies on the results of a speculative market (the company is valued by investors/speculators!). Not a good judgement of a company being good or great, but it was hard data so they took the easy way.
This book just ended up being a narrowly defined research project by academics that have probably never had more responsibility than thinking they are the smartest person in the room. This is in no way a managerial development book as it is often thought as, or recommended as. It was a complete waste of time, unless of course you are intrigued by these company’s histories. But they are smart enough to get professors and executives to recommend it everywhere. I’ll give them that.
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