I loved the way the book started good is the enemy of great. If good to great by jim collins were to be summarized in just 1 word, it would be discipline. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the. The best books of 2019 so far some people read books based on the seasons weve got you covered in summer, winter, and spring and the weather outside. The book was a bestseller, selling four million copies and going far beyond the traditional audience. Good to great by jim collins is a book that has been sitting on my bookshelf for awhile now. When i finally picked it up i was surprised to find it was published 15 years ago. They curl up with dark, chilling mysteries in the winter months and lay by the pool with light, cheerful womens fiction in. Just like his previous book, build to last, good to great it defined and continues to define the contemporary management theory and practices. Jan 21, 2014 in good to great jim collins talks about why some companies remain ordinary while others go to being great and return stellar stock market returns. Good to great by jim collins, first edition abebooks. In this book, he uncovers the underlying variables that enable any type of organisation to make the leap from good to great while other organisations remain only good. And others dont by jim collins available from rakuten kobo.
Built to last, the defining management study of the nineties, showed how great companies triumph over time and how longterm sustained performance can be engineered into the dna of an enterprise from the very beginning. The public sector innovation journal, volume 1, 2008, article 12. 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 worlds greatest companies, including cocacola, intel, general electric, and merck. Best books ever, best books of the 20th century, best books of the decade. Good food, great medicine by miles hassell md and mea hassell. Great ways to think of how businesses should be run and cultures that support them be maintained. As the recipe book for hoisting yourself to an initial stage of greatness, good to great is actually the prequel, collins says. Mr collins says that when he charted the factors that led these firms to greatness, he had never claimed that they were. Analyzing 28 companies in 3 categories good to great, direct comparison and unsustained comparison over the span of 30 years, jim and his team looked at which companies went from average or subpar stock market. Some of collins specific examples, like bigbox electronics store circuit city and financial institution fannie mae, are a little datedbut his basic principle remains relevant. In this summary collins outlines a model for turning a good, average or even a mediocre company into a great one. Based on a fiveyear research project comparing companies that made the leap to those that did not, good to great shows that greatness is not primarily a function of circumstance but largely a matter of conscious choice, and discipline. Overall, good to great is an absolute classic business book and one that we recommend you read. Before good to great, collins wrote the celebrated built to last, about visionary, iconic companies that have stood the test of time.
They include good to great, built to last, how the mighty fall, and great by choice. The key to going from good to great is to get the right people onboard, engaging in critical thinking, then taking disciplined action aligned with the hedgehog concept. The book good to great by jim collins explains the idea quite well see the post about good to great book summary. The book good to great by jim collins is technically a business book, but many of its findings apply to individuals as well. I have read a few business books, but soon i realized that this book is meant particularly for people who are already in some kind of managerialentrepreneurial position. Good is the enemy of great theme of the book discovering what made good companies great. There is usually information in what someone doesnt say. In good to great collins, the author of built to last, concludes that it is possible, but finds there are no silver bullets. Good to great is one of those books i kept seeing everywhere in articles, blogs, referenced in interviews and on top business book lists. May 04, 2016 good to great is the book that answers the question the previous one raises. The seven principles discovered by collinss study in almost all companies that went from good to great, and conversely not found in the comparison companies that never became great or became great. The english pen staff compiled a list of the best works not written in the english language. He has authored or coauthored six books that have sold in total more than ten million copies worldwide, including built to last, good to great.
The study began with a field of 1,435 companies and emerged with a list of 11 goodtogreat companies. And others dont by collins, jim and a great selection of related books, art and collectibles available now at. This book is a must read before implementing the next big change or improvement program in your business, or hiring the next keyperson. I had a dog, at least i had him for a few days until he ran away, and an old dodge and a finnish woman who made my bed and cooked breakfast and muttered finnish wisdom to herself over the electric stove. We dont have great schools principally because we have good. Good to great is a mustread for anyone committed to one day leading an organization that truly represents excellence, no matter its tax status. Use features like bookmarks, note taking and highlighting while reading good to great. Circuit city, another good to great, doesnt even exist anymore, at least by name and as a bricknmortar store. He drew a very small and biased sample of companies, and looked for commonalities. Why some companies make the leapand others dont, by jim collins, is one of the most frequently mentioned. Oct 03, 2016 adam gidwitz writes about the popularity of the goosebumps series for children and asks what makes a childrens book good. Read good to great why some companies make the leap. Analyzing 28 companies in 3 categories goodtogreat, direct comparison and unsustained comparison over the span of 30 years, jim and his team looked at which companies went from average or subpar stock market. Collins and his team of researchers began their quest by sorting through a list of 1,435 companies, looking for those that made substantial improvements in their performance over time.
The commonalities were largely subjective, focusing on things like strategy and culture. They curl up with dark, chilling mysteries in the winter months and lay by the pool with light, cheerful womens fiction in the summer months. Some organizations become good, and others become great. The seven principles of good to great jims jumbler. This, jims first book, was coauthored with his mentor bill lazier.
Download it once and read it on your kindle device, pc, phones or tablets. Good to great is a macro analysis of differentiating factors identified in companies that made the good to great leap defined as a period of fifteenyear cumulative stock returns at or below the general stock market, punctuated by a transition. Fannie mae, praised as one of the banks to go good to great, has fallen into the trash heap since 2008 and has never recovered. The book was a bestseller, selling four million copies and going far beyond the traditional audience of business books. Having invested more than a quartercentury in rigorous research, he has authored or coauthored six books that have sold in total more than 10 million copies worldwide. Get 50% off this audiobook at the audiobooksnow online audio book store and download or stream it right to your computer, smartphone or tablet. Management consultant jim collins, though, believes that there are key ways that organizations, and people, can move beyond being merely good. Companies that make the change from good to great have no name for their.
But insight and understanding dont happen overnightor after one offsite. Jul, 2010 good to great is an excellent book, filled with fascinating insights for the business leader, or anyone striving to make their organization great. Why some companies make the leap and others dont by jim collins and a great selection of related books, art and collectibles available now at. In this book, he uncovers the underlying variables that enable any type of organisation to make the leap from good to great while other organisations remain only. The pretext of this book is how do you take a good company and make it great. Good to great is about how to turn a good organization into one that produces sustained great results. The page is a reading list sharing the best books to read in various categories based on many hours of reading and research. On average, it took four years for the goodtogreat companies to crystallize their hedgehog concepts. Consider spending at least 2 or 3 years of hard work before. The 300 easytoread pages present powerful medical evidence to support adopting a whole food mediterranean dietandexercise based lifestyle, with over 200 simpletofollow recipes using everyday ingredients. Why some companies make the leap and others dont 8600383743. Not saying that these things are wrong or irrelevant, but that the facts co. Oct 16, 2001 the research team contrasted the goodtogreat companies with a carefully selected set of comparison companies that failed to make the leap from good to great.
In the journey from good to great, defining your hedgehog concept is an essential element. In an ironic twist, i now see good to great not as a sequel to built to last, but more of a prequel. Youll find more than 100 good books to read, organized by category. Good to great by jim collins cliff notes max hodgen chapter 1. Take a look at the walmart books best sellers section. Essentially, good to great happens very rarely and it is because it is damn difficult. Why did one set of companies become truly great performers while the other set remained only good. Good book, shows great examples of what it takes for some companies to be sustainable powerhouses. Jim collins an introduction can good companies, mediocre companies, even bad companies achieve enduring greatness. After a fiveyear research project, jim collins concludes that good to great can and does happen. Jim and his team have identified companies that made the leap from good results to great results and maintained those results for a minimum of 15 years. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the conquest of how to make good. At the time of its selection, the company still had to show an upward trend.
Collins that describes how companies transition from being good companies to great companies, and how most companies fail to make the transition. Good to great by jim collins book summary and pdf book. This is a good place to start your search for your next book. The book is based on the premise that good is the enemy of great. Oct 04, 2001 can a good company become a great one. Originally published in 2001, good to great compiles five years worth of business analyst jim collins detailed research into why some companies consistently beat stock market averages. Good to great is an excellent book, filled with fascinating insights for the business leader, or anyone striving to make their organization great. Like built to last, good to great is one of those books that managers and ceos will be reading and rereading for years to come. The challenge built to last, the defining management study of the nineties, showed how great companies triumph over time.
It provides conceptual frameworks and practical guidance for becoming a great leader, setting a compelling vision, articulating an effective strategy, and achieving consistent tactical excellence. It was lonely for a day or so until one morning some man. Handpicked recommendations to other books that have a similar writing style or theme to good to great. Collins that describes how companies transition from.
Youll find modern classics such as game of thrones or the harry potter books and books that are the basis for movies such as a wrinkle in time. To see the complete list of this book s readalikes. This is a reading list for people who dont have time for. The research team contrasted the goodtogreat companies with a carefully selected set of comparison companies that failed to make the leap from good to great. Good to great, by jim collins 30may2018 when people discuss the most influential business books, good to great. Why some companies make the leapand others dont by jim collins was originally published in 2001. It was an inherently iterative processconsisting of piercing. Good to great is a book describing the characteristics of companies who made the leap from being good companies to great companies the title is spot on. Good to great by jim collins cliff notes max hodgen. Good to great is the book that answers the question the previous one raises. But what about companies that are not born with great dna.
The search a six month long financial analysis looking for companies that showed the following basic pattern. Built to last is about how you take a company with great results and turn it into an enduring great company of iconic stature. Are you looking for some reading recommendations or want to find out whats popular. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the conquest of how to make good companies great. The classic book good to great, authored by stanford business school professor jim collins shows us why some companies make the leap while from good to great, while other companies dont key ideas. The good thing about serials is that you develop a relationship with the characters who become your friends. Though, collins asserts that most companies fail to make the transition from good to great. In his new book mr collins examines 11 of the 60 great companies studied in his two earlier books that have since deteriorated to mediocrity or worse. To find the keys to greatness, collinss 21person research team r.