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


The Challenge: 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. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study: 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? The Standards: 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 Comparisons: 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: 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?

Author(s): Jim Collins  

ISBN 10: 0066620996
ISBN 13: 9780066620992
Pages: 320
Format: Hardcover
Publication: October 2001
Edition: 1
Rate book Rate this book
Find this book on Amazon

 

User Reviews (1)

Rating of 5 by Marcel Ceneviz

"A great book for everyone to read especially entrepreneurs. I love how this book clearly points out the difference between a great company and a poorly run one based on empirical data collect throughout many years. I actually need to reread this book there was too much information to absorb all at once."

---

 

This books is in the following lists (12)

 25 Books for Success - List by SUCCESS Magazine™
 List of Over 1000 Popular Books
 Over 50 popular Business Books
 14 Good Business and Startup Books
 15 Books on Innovation
 Ten Popular and Best Selling Business Books
 Business Best Seller Books
 Business Books by James Collins Best Selling Author of Good to Great
 Some of Best Selling Business Books of All Times
 A Short List of Some of The Best Selling Books on Business, Management, Innovation, Marketing and Much More
 22 Popular Books on Sales and Strategy
 Over 50 Popular Management and Business Books

Related YouTube Videos (add a video)

Add the YouTube URL below and submit:

To add a YouTube video, please copy the video's URL on YouTube and submit by clicking "Add".
The URL should look something like this: https://www.youtube.com/watch?v=CXQdBuuanI8
How to copy the videos URL from YouTube


Good to Great Summary - Jim Collins - YouTube

Subscribe here for weekly book summaries: https://www.youtube.com/c/2000books Download Good to Great Audiobook Free at: http://www.2000books.com/free Get the...

Video Review for 'Good To Great by Jim Collins' - YouTube

Employee Engagement with http://callibrain.com This is video review for the book Good To Great by Jim Collins, produced by Callibrain, employee engagement th...

Jim Collins: From Good to Great, Part 1 | Nordic Business Forum 2014 - YouTube

Jim Collins is a student and teacher of leadership and what makes great companies tick. He has authored or co-authored six books that have sold in total more...

Good To Great by Jim Collins | Animated Book Review - YouTube

Get access to our entire library of book summaries for free: http://bit.ly/elite-summaries-club Get the detailed summary: http://amzn.to/2lmWE8W Get the book...

Good To Great by Jim Collins | Animated Book Review - YouTube

Good To Great by Jim Collins | Book Review FREE ACCESS to our entire library of one-minute key takeaways from 1000+ best-selling books: https://snapreads.co/...


Related Articles (add an article)

Add an article URL below and submit:

To add an article, please paste the article's URL and submit by clicking "Add".
Below is an example of a valid URL:
How to copy and paste a webpage URL




Other books by Jim Collins

1. Accident Reconstruction Hardcover (11/28/1979)
2. Architectures of excess Hardcover (2002/02/27)
3. Architectures of excess Paperback (1995/03/09)
4. Beyond Positive Thinking: Success & Motivation in the Scriptures Paperback (January 04, 2011)
5. Beyond Positive Thinking: Success and Motivation in the Scriptures; How to Tap Into the Force That Created the Universe! Paperback (2002/10/01)
6. Built to Last: Successful Habits of Visionary Companies Paperback (September 2002)
7. Built to Last: Successful Habits of Visionary Companies Hardcover (November 2004)
8. Built to Last: Successful Habits of Visionary Companies Compact Disc (November 2004)
9. Built To Last: Successful Habits of Visionary Companies (2005/09/01)
10. Built To Last: Successful Habits of Visionary Companies (2007/11/05)
11. Empresas Que Sobresalen Paperback (March 2002)
12. Film Theory Goes to the Movies Paperback (March 1993)
13. First to the Moon Hardcover (1978/12/01)
14. Good to great (2001/10/04)
15. Good to Great (November 2006)
16. Good to Great And the Social Sectors (November 2005)
17. Good to Great and the Social Sectors: Why Business Thinking Is Not the Answer - A Monograph to Accompany Good to Great Paperback (November 2005)
18. Good to Great Why Some Companies Make the Leap... And Others Don't (January 2001)
19. Good to Great: Why Some Companies Make the Leap...and Others Don't Compact Disc (June 2005)
20. Good to Great: Why Some Companies Make the Leap...and Others Don't Compact Disc (October 2001)

Report an error with this book