Print
Word
PDF|
This section contains 1,676 words (approx. 6 pages at 300 words per page) |
|
How to Become a Great Company
Summary: In his book Good to Great, Jim Collins raises the idea that not every good company is great. He examines what makes a company great, including the role of the leader, the corporate culture, luck, and a desire to take risks. To Collins, successfully implementing the strategy of a Level 5 Leader is the most critical factor in a company's development; such a leader must create the path to success, unite traditional quiet humility with deference to the greater well-being of the company, and inspire every other member of the company to achieve his or her own personal level of greatness.
In the book "Good to Great" Jim Collins identified eleven companies each of them having average returns for fifteen years, followed by the phase of transition and gains of three times the market trend. The author tried to separate and document some of the management philosophies which can be fundamental in affecting such accomplishments. There is a small minority of the companies in the United States that have managed to face the negative growth and turn it into exceptionally positive growth. The evolution from "good to great" is not the matter of a single day, but requires a long transitional period of the change. Jim Collins in "Good to Great" provides many very useful tips on how to reach the success in business and accomplish long term goals for development and growth.
Collins states that the most critical factor in the development of the company from being "good...
|
This section contains 1,676 words (approx. 6 pages at 300 words per page) |
|
