added by sari · updated 2y ago
Good to Great: Why Some Companies Make the Leap...And Others Don't
- Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious—but their ambition is first and foremost for the institution, not themselves.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- The good-to-great companies at their best followed a simple mantra: “Anything that does not fit with our Hedgehog Concept, we will not do. We will not launch unrelated businesses. We will not make unrelated acquisitions. We will not do unrelated joint ventures. If it doesn’t fit, we don’t do it.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- The good-to-great companies built a consistent system with clear constraints, but they also gave people freedom and responsibility within the framework of that system. They hired self-disciplined people who didn’t need to be managed, and then managed the system, not the people.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- It is very important to grasp that Level 5 leadership is not just about humility and modesty. It is equally about ferocious resolve, an almost stoic determination to do whatever needs to be done to make the company great.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- Practical Discipline #3: Put your best people on your biggest opportunities, not your biggest problems.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago
- Leading from good to great does not mean coming up with the answers and then motivating everyone to follow your messianic vision. It means having the humility to grasp the fact that you do not yet understand enough to have the answers and then to ask the questions that will lead to the best possible insights.
from Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
sari added 2y ago