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?
This book is available for the following devices:
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iPhone
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Page Information
URL:
http://ebookzone12.blogspot.com/2012/11/good-to-great-free-ebook.html
Globsi Heel
Published :
2012-11-16T10:10:00+07:00
Title : Good to Great free Ebook
Rating :
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