I recently re-read Good to Great: Why Some Companies Make the Leap… and Others Don’t by Jim Collins.  Published in 2001 this is not a new book but it is a classic, in large measure because of its insights.  In fact, I review it from time to time and to that end wanted to share a few Good to Great gems with you.

  1. The research suggests that “greatness” is synonymous with survival over an extended period of time.
  2. Focus on what not to do and what you should stop doing.
  3. Do not focus on technology as the goal in and of itself.
  4. The transformational companies paid almost no attention to managing change or motivating people. When everything else is right, this is not needed.
  5. Transformations did not require a new name, tagline, branding or a launch program. The change was focused on improving performance.
  6. The best leaders are fanatically driven, infected with an incurable need to produce sustained results over time.
  7. It is more critical to identify the right people for your team than to focus on strategy and vision.
  8. The best management teams consist of individuals who debate vigorously in search of the best answer.
  9. If you hire correctly, you will not need to financially motivate the wrong people.
  10. Being the right person for a role and company is more focused on personal character and his innate capability and willingness to learn. This is more critical than specific knowledge, experience or skill set.

Question?  Have you read Good to Great?  What are the gems you’ve mined?