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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?
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?
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 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 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:
“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?
The hearing to determine if Donald Collins, a 13-year-old neighbor who doused 8-year-old Robbie Middleton with gasoline and set him on fire. Laura Thomason ,...
The disease is extraordinarily contagious and has the potential to cause serious complications, even death, said Dr. Michael Collins, chief medical officer for the county health department, on Thursday, Dec. 4. Between the county's high rate of
In the wake of Thursday's announcement from the Board of Control for Cricket in India regarding the nation's provisional 30-man squad to tour Australia and New Zealand for the 2015 Cricket World Cup, it makes for interesting reading to run your eye
RT @LilTunechi: I am a prisoner and so is my creativity Again,I am truly sorry and I don't blame ya if ya fed up with waiting 4 me & this… 12/04/14, @Karon_Collins
@animaniac_ Don't go vodafone 12/04/14, @_Niamh_collins_
@ardiemcfly Darren Collins is a good point guard , he don't need the ball in his hands at all times and that lets Rudy Gay and DC fry 12/04/14, @SmooveMoove_
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Though risky, the play aligned with Collins’ philosphy. “We don’t kick extra points,” Earnest said. Offensively, Charleston is a run-oriented team, averaging 321 yards per game on the ground led by senior Ge’vonte Jones with 2,237 yards and 35 ...
While Fort Collins residents may be paying more than the national average ... “In my decade of watching oil and gasoline prices, I don’t think I’ve seen as steep a decline in a 48-hour time frame as what we saw on Thanksgiving Day and into last ...
Who wouldn’t? It takes like ten seconds to transform yourself into Lily Collins! *If you feel really old and out of touch for not knowing what this is, don’t worry. I had to google it. Kids these days, with their new social media sites and fancy ...
For over 500 hundred years, Puerto Rico Tobacco Corporation has been the world's best choice for premium hand made cigars! Order the hand rolled Don Collins cigar ...
Donald "Don" Collins (born November 28, 1958) is an American former professional basketball player. Collins was drafted by the Atlanta Hawks in the first round (18th ...
Don Collins. Actor: Sea Legs, Rambo: First Blood Part II. Miscellaneous Crew: Sea Legs. self: Boyz II Men Motown: A Journey Through Hitsville USA Live.
View the profiles of professionals named don collins on LinkedIn. There are 25 professionals named don collins, who use LinkedIn to exchange information, ideas, and ...