I highly recommend this book for everyone that is in business. The core concepts are invaluable for any size of business. The book shows that building a great organization proceeds in four basic stages; Disciplined People, Disciplined Thought, Disciplined Action, and Building Greatness to Last.
Jim Collins and his team of researchers used strict benchmarks to identify a group of eleven elite companies that made the leap from good to great and sustained that greatness for at least fifteen years. When the dust cleared and the eleven companies were identified, Jim and his team found distinct patterns of behavior in those who led each company and the people who followed them. They were patterns that concerned disciplined people, …show more content…
Disciplined people who engage in disciplined thought and who take disciplined action while operating with the freedom within a framework of responsibilities. “This is the cornerstone of a culture that creates greatness.” In a culture of discipline, people do not have “jobs,” the have responsibilities.
Company-wide discipline is essential. When you combine a culture of discipline with an ethic of entrepreneurship, you are more likely to achieve great results.
Building Greatness To Last: Clock Building, Not Time Telling. Build an organization that can adapt through multiple generations of leaders. Build catalytic mechanisms to stimulate progress, rather than acting as a charismatic force of personality to drive progress.
Preserve the Core and Stimulate Progress. Adherence to core values combined with a willingness to challenge and change everything except those core values. Be clear in the distinction between “what we stand for” and “how we do things.” Great companies have a purpose. A reason for being that goes far beyond just making money.
Technology is an accelerator. Good-to-great companies do not jump on technological bandwagons or chase after fads. They determine what technology makes the most sense for them, then pioneer its