good to great excerpt

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  • 1. Good to Great Jim CollinsExcerpt created by Martijn Sjoorda 2008

2. Good to GreatJim CollinsCentral Theme:Can a good company become great, and if so, how?Good to Great: Why Some Companies Make the Leap... andOthers Dont by Jim CollinsSee this book on Amazon 3. The concept 4. The lessons Old and new economy: No difference. Its about timeless issues Old change paradigms are brokendown: No point in large scale communicationdriven cycles Large mechanistic change teams 5. Level 5 leadershipYou can accomplish anything in life, provided that you do not mind whogets the credits. Harry Truman Level 5: Executive : builds enduring greatness through aparadoxical blend of personal humility and profesional will. Level 4: Effective leader Level 3: Competent manager Level 2: Contributing team member Level 1: Highly capable individual Level 5: can channel their ego, are very ambitious for theinstitution, not themselves Key compentences are:Humility + Will = level 5 6. Law 1: Level 5 Lesson: set up successor for success (not failure) Will HumilityResults, catalistCompelling modestyDo what is needed Acts with cal determinationSet the standards Channels ambitionLooks in the mirror looks out the window for poor resultsto credit More plow horse than show horse 7. Law 2: First who than whatThere are times you cannot wait for somebody. Youre either on the bus or off thebus.Lessons: First choose the people and then the road Create a team, not a genius with a thousand helpers People are not your most important asset,the right people are. Be rigourous in this issue, act 8. Law 3: Face the brutal factsThere is no worse mistake in public leadership than to hold out false hopes soonto be swept away. Churchill Continuously refining the path Create the climate for great performance lead with Qs not As Engage in dialogue and debate Conduct autopsy without blame Build red flag mechanisms Stockdale paradox: retain faith that you can and will prevail in the end and at the sametime face the brutal facts of the current reality 9. Law 4: the Hedgehog conceptKnow thyself, Scribes of Delphi 10. Law 4: the Questions to bedeeply understood 11. Law 5: Culture of discipline 12. Law 6: Technology acceleratorsMost men would rather die, than think. Many do. Bertrand Russel The real question is not what is the role oftechnology but rather how do you think differentlyabout technology? Become pioneers in the application of carefullyselected technologies 13. The Fly Wheel and the DoomLoop Good-to-great transformations internally feel cumulativeand organic and externally as revolutionary No killer innovation, no wonder moment, no1 1 action, nohuge programmes Consistent building, no big breakthroughs, just like settinga flywheel in motion Not investing energy in motivating the troops ormanaging change Competitors: the doom loop, looking for straightbreakthoughs and stretching, usually with heavy M & Aactivity. 14. The ChallengeFrom built to last to good-to-great... 15. Want to talk? Martijn Sjoorda 614908830 Or check out our facebook