James Collins

Good to Great

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  • EndeRciteerde uit3 jaar geleden
    Indeed, the real question is not, “Why greatness?” but “What work makes you feel compelled to try to create greatness?” If you have to ask the question, “Why should we try to make it great? Isn’t success enough?” then you’re probably engaged in the wrong line of work
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    They’re just focusing on the right things, and not the wrong things
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    Look,” she said, “this program will be built on the idea that running is fun, racing is fun, improving is fun, and winning is fun. If you’re not passionate about what we do here, then go find something else to do.”
  • EndeRciteerde uit3 jaar geleden
    Boeing’s executives understood with calm, equanimity that (1) the company could become the best in the world at commercial jet manufacturing even though it had no presence in the market, (2) the shift would significantly improve Boeing’s economics by increasing profit per aircraft model, and (3) the Boeing people were very passionate about the idea.
  • EndeRciteerde uit3 jaar geleden
    They built the 707 and launched Boeing on a bid to become the leading commercial aviation company in the world.
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    Bad BHAGs, it turns out, are set with bravado; good BHAGs are set with understanding. Indeed, when you combine quiet understanding of the three circles with the audacity of a BHAG, you get a powerful, almost magical mix
  • EndeRciteerde uit3 jaar geleden
    a BHAG captures the imagination and grabs people in the gut
  • EndeRciteerde uit3 jaar geleden
    In Built to Last, we identified BHAGs as a key way to stimulate progress while preserving the core
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    These values included technical contribution, respect for the individual, responsibility to the communities in which the company operates, and a deeply held belief that profit is not the fundamental goal of a company
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    Packard bequeathed his $5.6 billion estate to a charitable foundation and, upon his death, his family created a eulogy pamphlet, with a photo of him sitting on a tractor in farming clothes. The caption made no reference to his stature as one of the great industrialists of the twentieth century.9 It simply read: “David Packard, 1912–1996, Rancher, etc.” Level 5, indeed
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