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Good to Great: Why Some Companies Make the Leap and Others Don't
By Jim Collins
4.7 out of 5 stars (240 Reviews)
List Price: $32.50
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Publisher:  HarperBusiness
Edition:  1st
Published:  October 16, 2001
Binding:  Hardcover
Pages:  400
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Product Description:
 
The Challenge:

Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning.

But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness?

The Study:

For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great?

The Standards:

Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck.

The Comparisons:

The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good?

Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't.

The Findings:

The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include:

  • Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness.
  • The Hedgehog Concept: (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence.
  • A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology.
  • The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap.

“Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.”

Perhaps, but who can afford to ignore these findings?

 
Most Helpful Customer Reviews:  
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5.0 out of 5 stars.  Great read for Military Leaders, December 10, 2017
By Brian McCown
As a Military leader of a Company size element (115 Soldiers); I often look for inspiration from outside authors to gain perspective. Good to Great is a fundamental study focused on the truth derived from objective research. All Company commanders would benefit from the foundational truth of discipline described in this read. Read before, during and after your command to help keep your foundational focus of how you can bring your Company from good to great.

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4.0 out of 5 stars.  good price and fast delivery, December 10, 2017
By A Customer
As expected, good price and fast delivery.

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5.0 out of 5 stars.  Five Stars, November 28, 2017
By charlie
ok

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3.0 out of 5 stars.  A little dry, November 24, 2017
By Ric Yie
Book was recommended by a friend. Lots of decent examples but I'm struggling to get through the book... will keep on trucking.

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5.0 out of 5 stars.  Excellent Book for Business Owners., November 24, 2017
By Justin G
Every business owner should read this book. There are insights in each chapter which, with a little bit of thought, can be applied to businesses of all sizes.

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5.0 out of 5 stars.  The most important active it is not the people anymore, bu it is the right people on the rigth seat., November 14, 2017
By Joao Miguel_IT
This is the findings wich make clear that the kind of people running the company it is very important.

I have realized why sometimes we work so hard but never get great.

This is one of the best books about Leadership and Organizational transformation process

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See all 240 Reviews.

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