Chapter 5- Big Hairy Audacious Goals Chapter 5 discusses a visionary company characteristic of taking risk and “setting super goals” as a hallmark for success. It starts off with Boeing’s pursuit of the commercial airline market in the 1950’s‚ which was underdeveloped and needing a major player for jet aircrafts. Unlike its rival Douglas Aircraft‚ who avoided entering the commercial market‚ Boeing took a gamble and developed a prototype for the commercial airliners used today. This chapter
Premium Leadership Management Goal
Built To Last - Summary of Key Points Written by James Collins & Jerry Porras both are associated with Stanford About this book: This summary of Built to Last is included because if one is going to change an organization‚ one needs to know what to change towards. This book is one of the best we know of that answers that question. It is one of the best pieces of research done on why certain organizations are more successful over time than others. Because its time horizon is a minimum of 50 years
Premium Charismatic authority Sociology Charisma
progress‚ and seeking support by aligning company objectives‚ strategies‚ and policies. These companies are what Jim Collins and Jerry Porras call "visionary". Built to Last seeks to discover these timeless management principles that make a company truly "visionary" (Collins & Porras‚ 2002). One of the central principles presented in Built to Last is the importance placed upon building the company‚ rather than relying exclusively on building a specific product or service. Collins and Porras use the metaphor
Premium Leadership Sociology Management
visionary products. Visionary companies are institutions in industry having a separate standing in terms of admiration and impact on world around them. All visionary products as well as visionary charismatic leaders have to die‚ it is actually company that last long through multiple products and leaders. In six year of research Jim Collins and Jerry I. Porras have identified historical development of visionary companies. Along with they have selected control set of comparison companies. The visionary companies
Premium Leadership Charisma Charismatic authority
Built To Last James C. Collins and Jerry I. Porras Chapter 1 The Best of The Best The critical question is not “What’s common across a group of companies?” Rather‚ the critical issues are: “What’s essentially different about these companies? Selected a comparison company for each visionary company. Compare gold medal teams to silver and bronze medal teams whenever possible to give real meaning to our findings. History and Evolution They reflect the accumulation of past events and the shaping force
Premium Hewlett-Packard Charismatic authority Sociology
Book Summary: Built To Last Built To Last by James Collins & Jerry Porras What has enabled some corporations to last so long‚ while other competitors in the same markets either struggle to get by‚ or fade away after a short period of time? This is the major question that Mr’s Collins and Porras try to answer. They took a look at 18 well known‚ well established and healthy companies (’visionaries’)‚ and compared them to a counterpart in their specific area of business. They analyzed all the information
Premium Management Project management Human
BOOK REVIEW SUCCESS BUILT TO LAST: Creating A Life That Matters By Jerry Porras‚ Stewart Emery‚ and Mark Thompson Summary Success Built to Last builds on over 200 interviews with highly successful people to discern patterns on how they define success and how they achieved it. The authors spoke to remarkable people that were trimmed down from initial thousand lists to hundreds who were able to sustain success for over a 20 year period. The interviewees were Nobel Laureates‚ Pulitzer‚ Grammy
Premium Meaning of life Idea Success
Denver is talking with Paul D‚ when both are going to work. Pg.314 “Well‚ if you want my opinion---” “I don´t” she said. “I have my own” Denver character developed to be more independent and optimistic as shown when “she heard about an afternoon job in the shirt factory” and when she “might go to Oberlin”. She is facing the outside world and fighting to succeed on it. “…‚ down by the stream‚ and saw‚ cutting through the woods‚ a naked woman with fish for hair” (pg. 315) Paul D narrates
Free English-language films Black people Woods
Amazon Print-on-Demand The Merchant of Venice by William Shakespeare Home Literature The Merchant of Venice Events Act 1‚ Scene 2 Intro Summary Themes Quotes Characters Analysis Questions Photos Quizzes Flashcards Best of the Web Write Essay * Summary * ------------------------------------------------- Brief Summary * Chapter Summaries * ------------------------------------------------- Act 1‚ Scene 1 * ------------------------------------------------- Act 1‚ Scene 2
Premium SAT Marriage William Shakespeare
Summary: Randy Pausch was a computer science professor at Carnegie Mellon University. He was living a great life with his wife and three children‚ two boys and one girl. He always imagine his life as he was living it. One unexpected day he was diagnosed with pancreatic cancer. The survival rate of this cancer is very low so he knows that he was going to die soon. His reaction was opposite to the reaction that you would expect. He reacts very optimistic and decide to give a last lecture. He wanted
Premium Carnegie Mellon University Randy Pausch Really Achieving Your Childhood Dreams