GOOD TO GREAT Why Some Companies Make the Leap ... and Others Don’t
GOOD TO GREAT Why Some Companies Make the Leap ... and Others Don’t
JIM COLLINS
Self-HelpPsychology
20 pages45 min
Good to Great investigates how companies transition from merely good performance to sustained greatness. Through rigorous five-year research on eleven select companies, the book identifies key principles that contradict conventional wisdom. It highlights the importance of Level 5 leadership (personal humility combined with intense professional will), prioritizing 'first who' (getting the right people on the bus) before 'what' (strategy), and the necessity to confront brutal facts while maintaining unwavering faith. Great companies develop a clear 'Hedgehog Concept' rooted in passion, unique capabilities, and economic drivers, fostering a culture of discipline. This transformation is a cumulative 'Flywheel' process of consistent effort, accelerating with technology, leading to breakthrough results rather than sudden, revolutionary events. The framework offers timeless principles for achieving enduring organizational success and personal application.