In his new book mr collins examines 11 of the 60 great companies studied in his two earlier books that have since deteriorated to mediocrity or worse. Good to great by jim collins posted on march 8, 2012 by liz stinson some quick notes on some of my main takeaways not necessarily the full set of key points, rather the ones that spoke to me from jim collins great book good to great. Fannie mae, praised as one of the banks to go good to great, has fallen into the trash heap since 2008 and has never recovered. Collins that describes how companies transition from being good companies to great companies, and how most companies fail to make the transition. Companies that make the change from good to great have no name for their transformationand absolutely no program. Good to great by jim collins book summary from the author of built to last, good to great outlines a model for turning a good, average or even mediocre company in to a great one. Why some companies make the leap and others dont by jim collins and a great selection of related books, art and collectibles available now at. Jim and his team have identified companies that made the leap from good results to great results and maintained those results for a minimum of 15 years. Good to great, by jim collins the stockdale paradox chapter 4, pages 8385 the name refers to admiral jim stockdale, who was the highest ranking united states military officer in the hanoi hilton prisonerofwar camp during the height of the vietnam war. Book report of good to great by jim collins essay 2029 words. By bringing together disciplined people, using disciplined thought and disciplined action companies can build up and break through the barriers that hold. As with all matters of the heart, youll know when you find it. Those who build great organizations make sure they. As the recipe book for hoisting yourself to an initial stage of greatness, good to great is actually the prequel, collins says.
Books turning the flywheel jim collins good to great. Book report of good to great by jim collins essay example. And that is one of the key reasons why we have so little that becomes great. Before good to great, collins wrote the celebrated built to last, about visionary, iconic companies that have stood the test of time. In the journey from good to great, defining your hedgehog concept is an essential element. Jim collins is author or coauthor of six books that have sold more than 10 million copies worldwide, including the bestsellers good to great, built to last, and how the mighty fall. Good is the enemy of great the process going from good to great is a process of build up followed by breakthrough.
We knew that for every successful book, ten or twenty equally good or better works languish in obscurity. It did this by appealing to the mainstream and not just the business community. Jim began his research and teaching career on the faculty at stanford graduate school of business, where he received the distinguished teaching award in 1992. Great by choice jim collins epilogue collins closes the book with comments that speak so well to our nations need to reestablish some of the foundational principles of a biblical world view that i have moved the epilogue to the front of the class. Two years later, as we write this introduction to the paperback edition, we. The findings of the good to great study will surprise many readers and shed light on virtually every area of management strategy and practice. And others dont by jim collins available from rakuten kobo. This book is a must read before implementing the next big change or improvement program in your business, or hiring the next keyperson. It talks about how good companies some were bad companies changed their way of doing things and became great or successful. The book was a bestseller, selling four million copies and going far beyond the traditional audience of business books.
The research conducted for this book is complicated however collins simplifies the process to more clearly explain why some things were included or omitted. Key words strategy, level 5 leadership, culture of discipline, the hedgehog concept, corporate culture, packards law, the stockdale paradox summary this book is considered as one of the most important management books of the 1990s and has been in the best seller list ever since then. The research team was shocked to discover the type of leadership required to achieve greatness. Collins that aims to describe how companies transition from being average companies to great companies and how companies can fail to make the transition. Then, he examined their performance over 40 years, to later on, find the 11 companies that became great. On average, it took four years for the goodtogreat companies to crystallize their hedgehog concepts. I have to catch up on a few days i missed, and publishing one summary per day is my hedgehog concept right now. Recently, jim collins genredefining good to great has surfaced in quite a few discussions about my forthcoming book and thats a serious compliment. Jul 19, 2016 good is the enemy of great the process going from good to great is a process of build up followed by breakthrough. Jim collins, already established as one of the most influential management consultants, further established his credibility with the wildly popular good to great.
Summary of good to great by jim collins summarised by paul. Jim collins, the author of good to great, is a student and teacher of enduring great companies. Good to great examines what it takes for ordinary companies to become great and outperform their competitors by analyzing 28 companies over 30 years, who managed to make the transition or fell prey to their bad habits. The moment you feel the need to tightly manage someone, youve made a hiring mistake. Good to great episcopal diocese of central florida. Jul, 2010 good to great is an excellent book, filled with fascinating insights for the business leader, or anyone striving to make their organization great. In order to make a point, they used companies that were doing really well which they called the good to great companies. Summary of good to great by jim collins summarised by. A tenstep list to level 5 would trivialize the concept.
Jim collins is the author of good to great, built to last and how the mighty fall. Good to great by jim collins, first edition abebooks. And the only way to do great work is to love what you do. Mr collins says that when he charted the factors that led these firms to greatness, he had never claimed that they were. Pdf good to great by jim collins ankur puri academia. The author was inspired to write good to great when a business acquaintance pointed out that his previous book. In it, collins explains how some companies that are good become great. The book went on to be one of the bestsellers in the genre, and it is now widely regarded as a modern classic of management theory.
The book includes a useful model which brings all the theory together in a meaningful and memorable way. Disciplined action level 5 leadership the type of leaders required for going from good to great are level 5 leaders. Jim collins presents many interesting business concepts throughout good to great. A culture of discipline is not a principle of business, it is a principle of greatness. If good to great by jim collins were to be summarized in just 1 word, it would be discipline. The classic book good to great, authored by stanford business school professor jim collins shows us why some companies make the leap while from good to great, while other companies dont key ideas.
With more than 25 years of research on this topic, the following jim collins quotes offer insight and perspective on business growth. See a summary of the concept definitions on the next page for a brief definition of each concept. What are some links from which i can download jim collins books. The hedgehog concept is developed in the book good to great. His previous book built to last sold over 4 million copies. Use features like bookmarks, note taking and highlighting while reading good to great.
Good to great by jim collins book report by gary tomlinson preface. A simple, crystalline concept that flows from deep understanding about the intersection of three. A monograph to accompany good to great jim collins. Based on a fiveyear research project comparing companies that made the leap to those that did not, good to great shows that greatness is not primarily a function of circumstance but largely a matter of conscious choice, and discipline this book discusses concepts like level 5. Download it once and read it on your kindle device, pc, phones or tablets. What are some links from which i can download jim collins. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. Good to great by jim collins book summary paul minors. First who, then whatget the right people on the busis a concept developed in the book good to great. Uncertainty, chaos, and luckwhy some thrive despite them all good to great book 5 jim collins. Good to great, jim collins shop online for books in australia. You can watch my complete free 20 minute video summary of good to great by jim collins on our site at. Like all authors, we had hopes and dreams for the book, but never dared allow these hopes to become predictions.
The book good to great is a nonfiction book written by jim collins. As i listened to him describe his discomfort with all the people in the company looking at a book that says, youre great, i realized that the key to greatness is. Collins started his research with 1,435 good companies. Based on an expansive 5year study, the ultrasuccessful book unearths the seven characteristics which make a good company great. It begins with this statement, we sense a dangerous disease infecting our modern culture. Good to great why some companies make the leap and others dont book by jim collins slides by ryan battles collins, james c. From the author of built to last, good to great outlines a model for turning a good, average or even mediocre company into a great one. Good to great is an excellent book, filled with fascinating insights for the business leader, or anyone striving to make their organization great. Supersummary, a modern alternative to sparknotes and cliffsnotes, offers highquality study guides that feature detailed chapter summaries and analysis of major themes, characters, quotes, and essay topics. As i said, im trying to make this website the best book summary website in the world.
Read good to great why some companies make the leap. Everyday low prices and free delivery on eligible orders. Get 50% off this audiobook at the audiobooksnow online audio book store and download or stream it right to your computer, smartphone or tablet. Jim collins is coauthor of built to last, a national bestseller for over five years with a million copies in print. I was shocked to find out that jim collinss built to last was published in 1994, but instantly. The seven principles discovered by collinss study in almost all companies that went from good to great, and conversely not found in the comparison companies that never became great or became great only to fall back into mediocrity, are something i keep coming.
I wrote my latest monograph, turning the flywheel, to share new and practical insights about the flywheel principle, inspired by its wideranging impact in recent years. The seven principles of good to great jims jumbler. But insight and understanding dont happen overnightor after one offsite. Good to great, jim collins shop online for books in. At one end of the spectrum there are fastgrowing companies like amazon, which has consciously harnessed the flywheel effect. It was an inherently iterative processconsisting of piercing. Jim collins, an american author and business consultant, focuses on providing companies with new ways to grow. The book good to great by jim collins is technically a business book, but many of its findings apply to individuals as well. May 22, 2011 the book good to great is a nonfiction book written by jim collins. 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 worlds greatest companies, including cocacola, intel, general electric, and merck. The challenge built to last, the defining management study of the nineties, showed how great companies triumph over time. One of the best management books to ever see the light of day, good to great by jim collins tries to answer the question why some companies make the leap mentioned in the title, while others fail. Good to great this book addresses a single question.
Good to great by jim collins quickie book summary by dan. Mar 26, 2018 jim collins, an american author and business consultant, focuses on providing companies with new ways to grow. May 15, 2018 good to great book summary jim collins hedgehog principle, flywheel, 3 intersecting circles duration. The amount of research and analysis that has gone into this book is mindboggling. A student of enduring great companies, he serves as a teacher to leaders throughout the corporate and social sectors. Good to great book summary jim collins hedgehog principle, flywheel, 3 intersecting circles duration. This onepage guide includes a plot summary and brief analysis of good to great by jim collin. Big change has to be wrenching, extreme, painfulone big. Why some companies make the leapand others dont far outsold the typical business oriented book with millions of copies in print. Collins gathered people to research on many different companies. Good to great by jim collins is a book that has been sitting on my bookshelf for awhile now. Circuit city, another good to great, doesnt even exist anymore, at least by name and as a bricknmortar store. After the leap, the goodtogreat 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 worlds greatest companies, including cocacola, intel, general electric, and. For this exact reason, this is my third summary of the day.