Jim Collins' Good to Great Why Some Companies Make the Leap … And Others Don’t Summary

Business & Finance, Management & Leadership, Planning & Forecasting, Management
Cover of the book Jim Collins' Good to Great Why Some Companies Make the Leap … And Others Don’t Summary by Ant Hive Media, Ant Hive Media
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ant Hive Media ISBN: 9781311017864
Publisher: Ant Hive Media Publication: February 15, 2016
Imprint: Smashwords Edition Language: English
Author: Ant Hive Media
ISBN: 9781311017864
Publisher: Ant Hive Media
Publication: February 15, 2016
Imprint: Smashwords Edition
Language: English

This is a Summary of Jim Collins' 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 very beginning.

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?

Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 300 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is a Summary of Jim Collins' 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 very beginning.

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?

Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 300 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.

More books from Ant Hive Media

Cover of the book Dan Lyons’ Disrupted: My Misadventure in the Start-Up Bubble | Summary by Ant Hive Media
Cover of the book Glenn Beck’s It IS About Islam: Exposing the Truth About ISIS, Al Qaeda, Iran, and the Caliphate | Summary by Ant Hive Media
Cover of the book Martin Ford's Rise of The Robots: Technology and the Threat of a Jobless Future Summary by Ant Hive Media
Cover of the book Ben Horowitz’s The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers | Summary by Ant Hive Media
Cover of the book Kristin Hannah’s The Nightingale Summary by Ant Hive Media
Cover of the book Gillian Flynn’s Dark Places Summary by Ant Hive Media
Cover of the book Chris Voss & Tahl Raz’s Never Split The Difference: Negotiating As If Your Life Depended On It | Summary by Ant Hive Media
Cover of the book David D. Burns’ Feeling Good: The New Mood Therapy | Summary by Ant Hive Media
Cover of the book Stephen King's Finders Keepers Summary by Ant Hive Media
Cover of the book Marshall Goldsmith & Mark Reiter’s Triggers: Creating Behavior That Lasts – Becoming the Person You Want to Be | Summary by Ant Hive Media
Cover of the book Henry Marsh's Do No Harm: Stories of Life, Death, and Brain Surgery | Summary by Ant Hive Media
Cover of the book Cameron Diaz & Sandra Bark’s The Longevity Book: The Science of Aging, the Biology of Strength and the Privilege of Time | Summary by Ant Hive Media
Cover of the book Michael V. Hayden’s Playing to the Edge American Intelligence in the Age of Terror | Summary by Ant Hive Media
Cover of the book Aziz Ansari’s Modern Romance Summary by Ant Hive Media
Cover of the book Henry Cloud & John Townsend’s Boundaries When to Say Yes, How to Say No to Take Control of Your Life Summary by Ant Hive Media
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy