The goal of Good to Great by Jim Collins is to find the traits of great companies‚ through an extensive data collection project. Collins and his team tracked 28 companies from a variety of industries to find common traits that separated the “great” companies from the “good” companies. His team identifies six characteristics that separate good companies from great companies. Of these six‚ I personally found “First Who… Then What‚ the Hedgehog Concept‚ and the Culture of Discipline” the most interesting
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Good To Great: Why Some Companies Make the Leap... and Others Don’t This report consists of the critical analysis of Jim Collins’s book Good to great‚ a brief introduction of the author and background of the book. 2012 Faraz Shaukat Materials Engineering (Sec-A-97) 5/13/2012 Introduction Jim Collins is a student and teacher of enduring great companies — how they grow‚ how they attain superior performance‚ and how good companies can become great companies. Having invested nearly a quarter
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Good to Great Jim Collins’s Good to Great seems to derive findings from market instances of which he and his team were able to minimize or even eliminate any market-specific factors in order to compare the chosen companies by level of similarities that brought them through the process to ’great’ success. As the chosen companies that achieved ’greatness’ were compared to a similar comparison company that did not make the correct choices towards creating a ’great’ company‚ Collins and his team
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Summary In 1996 Jim Collins asked the question‚ "Can a good company become a great company and if so‚ how?" (Collins‚ p195) Collins and a dedicated band of 22 researchers set out to discover what transforms good companies into truly great companies. Their criteria for greatness was tough: The researchers sought companies that had underperformed the general stock market for at least 15 years‚ then went through a transition‚ and subsequently outperformed the general stock market by at least three
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and behaviors modified as needed through a graduated disciplinary process. When officers make statements or act in a manner that disrupts the order of the department‚ formal counseling and/or graduated discipline has to take place. In the book “Good to Great” by Jim Collins (2005)‚ the concept of getting the right people on the bus is a key component to building
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Good to Great By Jim Collins I found my reading of Good To Great by Jim Collins very informative and even entertaining. It is interesting to me his concepts and perceptions and how although when you read them they seem rather elementary and obvious‚ Mr. Collins is indeed an outside the box thinker/writer and it is because of his ease of explaining his concepts that the message simply comes across as easy. The main idea that is presented in this book is that “Good is the Enemy of Great.” At first
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Good to Great: Responding to Change. I think that Jim Collins’ book is essential for future entrepreneurs‚ managers‚ and leaders in the Philippines. The tips given by the author are useful in the dynamic‚ ever-changing‚ and constantly fluctuating business environment of the Philippines. Jim Collins described the kind of leader who can address these changes as a Level 5 leader "a paradoxical blend of personal humility and professional will." The Level 5 leader is not the "corporate savior" or "turnaround
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PERFORMANCE EXCELLENCE In social research‚ the question‚ assumption and development of theories are traditionally centered on a search for truth‚ knowledge or at least communicate information for decision making. My initial reading of Good to Great was by no means presented as a research project and left the reader feeling as if he had just been introduced to a motivational speaker or a misplaced stock broker. However‚ as a Doctoral student‚ I applied some basic analytic matrix learning and
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Good to Great by Jim Collins is by far the best business-oriented book that I’ve read that can be applied to any career situation. I can see why it has gained the notoriety and respect from top level executives around the world. I have read other business type books which were more of a motivational lecture than actual years of research going into the making of one text. Before reading this book‚ my preconceived notion was that I would be lost in trying to understand executive jargon. That was not
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For my Student Choice Book Report assignment‚ I read the book “Good to Great” by Jim Collins. Jim Collins‚ put the book together along with the contributions and collaborations of the Good to Great research team. The main purpose of the book was about the following question; “Can a good company become a great company and‚ if so‚ how?” (pg. 5). Jim and the research team have answered this question in a couple of different categories of disciplined. I picked two of them people‚ and thought. The first
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