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Good to Great: 2 Minutes Summary

1 SENTENCE SUMMARY: Good to Great offers a thoughtful and practical approach to help leaders transform their businesses and organizations into long-term success.

“Good is the enemy of great. And that is one of the key reasons why we have so little that becomes great. We don’t have great dreams, and we don’t have the courage to stick with them.”

Quick Info

Good to Great by Jim Collins Cover
Good to Great by Jim Collins
Category: Leadership
Publish Date: 2001-10-16
# Pages: 400
ISBN: 9780066620992

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Overview

Good to Great by Jim Collins is a book that has become a classic in the business world.

It is a study conducted by Jim Collins and his research team in order to uncover the conditions and characteristics of companies that make the leap from a good or average performance to a great one.

The book is based on rigorous research and analysis of 1,435 companies over a 40-year span.

It provides a framework of principles and strategies that can be used to transform any company and help it achieve greatness.

By examining the successes and failures of some of the world’s most successful companies, Collins and his team of researchers have identified key components that enable a company to go from good to great.

4 Key Lessons from Good to Great by Jim Collins

1. Get the Right People on the Bus

This lesson emphasizes the importance of having the right people in the right roles when it comes to achieving great results.

It’s not just about having talented and skilled people on board, but also about having people who are aligned with the company’s core values and goals, who are passionate about what they do, and who are willing to go the extra mile to make sure the organization reaches its full potential.

By having the right people on the bus, the organization can move in a unified direction, which will ultimately result in better outcomes.

2. Confront the Brutal Facts

This lesson emphasizes the importance of facing the reality of any situation, no matter how difficult or uncomfortable it may be.

This means that leaders need to be willing to acknowledge any issues that are preventing the organization from reaching its goals, and then take action to address them.

The lesson also stresses the importance of being able to pivot and change strategies as needed, in order to remain agile in the face of a rapidly changing environment.

3. Build a Culture of Discipline

This lesson emphasizes the importance of having a clear set of values and expectations that are shared by all members of the organization.

This will ensure that everyone is working towards the same goals and objectives, and that everyone is held accountable for their actions.

This will also help to create an environment where collaboration and innovation can thrive, which can result in greater success.

4. Focus on What’s Really Important

This lesson emphasizes the importance of setting clear priorities and staying focused on them.

It stresses the need to be selective in what projects and initiatives the organization pursues, and to prioritize those that will have the most impact and will best contribute to the overall success of the organization.

This will allow the organization to more effectively manage its resources and ensure that its efforts are directed towards the most effective and important areas.

Who Should Read It

Business professionals, managers, entrepreneurs, and college students studying business or management should read Good to Great by Jim Collins.

Where to Get It

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About Jim Collins

Author Jim Collins Jim Collins is an American writer and business consultant who is most well known for his book, Good to Great.

He is the co-founder of a management lab and a faculty member at the Stanford Graduate School of Business.

He has written or co-authored six books that focus on exploring the concepts of good management and corporate excellence.

Good to Great has sold over 3 million copies and has been translated into over 30 languages.

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