Good to Great: Why Some Companies Make the Leap... and Others Don't

  Author:    Jim Collins, James C. Collins
  ISBN:    0066620996
  Sales Rank:    182
  Published:    2001-10
  Publisher:    HarperBusiness
  # Pages:    320
  Binding:    Hardcover
  Avg. Rating:    5.0 based on 706 reviews
  Used Offers:    287 from $13.77
  Amazon Price:    $19.79
  (Data above last updated:  2008-11-29 10:09:24 EST)
  
  
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Good to Great: Why Some Companies Make the Leap... and Others Don't
  

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?

Five years ago, Jim Collins asked the question, "Can a good company become a great company and if so, how?" In Good to Great Collins, the author of Built to Last, concludes that it is possible, but finds there are no silver bullets. 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. They finally settled on 11--including Fannie Mae, Gillette, Walgreens, and Wells Fargo--and discovered common traits that challenged many of the conventional notions of corporate success. Making the transition from good to great doesn't require a high-profile CEO, the latest technology, innovative change management, or even a fine-tuned business strategy. At the heart of those rare and truly great companies was a corporate culture that rigorously found and promoted disciplined people to think and act in a disciplined manner. Peppered with dozens of stories and examples from the great and not so great, the book offers a well-reasoned road map to excellence that any organization would do well to consider. 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. --Harry C. Edwards
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11-23-08 5 (NA)
(Hide Review...)  Proven Principles of Success, for Big Companies, Small Start-Ups, and Even Families
Reviewer Permalink
Jim Collins' classic book on creating a great company contains success principles that apply to big corporations, small clubs, and even families.

* Level 5 Leadership (Leaders with humility and strength, but no ego)
* First Who, Then What (Get the right people first before deciding the direction)
* Confront the Brutal Facts (Create systems to face reality)
* Hedgehog Concept (Focus on One Big Thing that Unites Everything Else)
* Building Your Company's Vision (Focus on the Core Ideology and Envisioned Future)

There are so many profound truths in this simple, yet well-researched, book. Two insights that changed my life are those of "Level 5 Leadership," and "First Who, Then What."

We tend to get caught up in the charismatic, egotistical leaders that seem larger than life. Yet, these leaders' success often starts and ends with their involvement. Their legacies do not continue without them since everything depended on them. This was a big shift in the way I thought and acted. In the past, I was focused on doing everything my way. Now, I'm focused on scalable systems and replicable recipes that can grow my dreams, even without me. While you will always influence your company's culture, it is vital to create an organization that will always thrive, with or without you.

There's a saying in venture capital that we should bet on the jockey, not on the horse. All the best laid plans are doomed to failure without the proper people who can execute on them. Everything in our lives depends on our relationships and networks. We should build those first before we build the imaginary theories and plans. You must have a sense of the direction and the strategy BEFORE you go out and make your team, but your team ultimately matters even more than your plans. Your team decides how those dreams become reality.
(Review Data Last Updated: 2008-11-30 12:09:31 EST)
11-11-08 5 (NA)
(Hide Review...)  For hiring managers, and those looking for leaders
Reviewer Permalink
Jim Collins and his team of researchers have surveyed over 1,400 companies, systematically analysed 6,000 publicly available articles, and carried out numerous face to face interviews with senior managers. The finding, the single most important factor to the health of a company - Leadership. The author asserted that they purposely steer away from such attribute as there are no shortage of business books paying the same platitude.

Every company vision statement reads like the next one. When did anyone last read a company which doesn't claim its employee is its greatest asset ? Yet, most see it fit to outsource its most critical function - finding the "right people". If every great company gets it right, there wouldn't be much of a recruitment industry. Recruitment agents will becomes redundant. It is the responsibility of every employee to find the right co-workers. Wait, isn't Google doing exactly that ? Jack Welch, John Chambers, Bill Gates and Warren Buffett have all said their main job was to find the right people. Hire the right people first, then create a position to suit the person. Find passionate people, find people with integrity, find someone who would run the company like he/she owns it, hire this person straight away. This is how the author puts it,

"Widen your definition of "right people" to focus more on the character attributes of the person and less on specialised knowledge. People can learn skills and acquire knowledge, but they can not learn the essential characters traits that make them right for your organisation."

Since the publication of Good to Great it has attracted some criticism, primarily for its selection of what's on the Great company list. Much of the companies have since fallen on hard time, a few short years after its publication. Those views are some what misplaced. Good to Great doesn't give investment advice. It study the companies and the people that runs them, and dismissed a few myths along the way. Great leaders are often media shy, less worry about management "buy in" and much prefer hearing the truth, and definitely less charismatic than the media like to portray. A CEO should be working for the good of the company, and less about building his/her own personal profile. The big personality, the management superstar, the hyper arrogant (often misunderstood as self confidence) work against an environment in which employee are encouraged to take calculated risks, and find innovative solutions.
(Review Data Last Updated: 2008-11-24 01:12:13 EST)
11-09-08 5 (NA)
(Hide Review...)  "Good to Great" an exceptional leadership reference
Reviewer Permalink
"Good to Great" is an exceptional analytical review, focused on leadership, documenting the attributes of leaders of enduring great companies. The text effectively differentiates the leadership attributes of great companies from enduring great companies.
(Review Data Last Updated: 2008-11-12 02:02:03 EST)
10-09-08 5 (NA)
(Hide Review...)  A good look at what companies can do to manage talent
Reviewer Permalink
Stock findings aside, this book has good talent management strategies, including getting the right people on the bus and making sure everyone is going towards the same goal. Nothing revolutionary, but still helpful. I also found the monograph Good to Great and the Social Sectors: A Monograph to Accompany Good to Great helpful in the non profit arena.
(Review Data Last Updated: 2008-11-10 00:21:20 EST)
10-01-08 4 (NA)
(Hide Review...)  Good to Great
Reviewer Permalink
This book is easy and interesting reading. Not only is it required text for my class, but the Vice President of the company that I work for actually told me to read it. Imagine her surprise when I informed her that it was required reading for my masters in social work class.
(Review Data Last Updated: 2008-10-13 07:05:19 EST)
09-29-08 4 (NA)
(Hide Review...)  Good to Great review
Reviewer Permalink
Great practical ideas. How refreshing it is to see a passionate individual pursue an idea to completion and take the time to fully investigate all possibilities.
It's been a great addition to my book club at work.
(Review Data Last Updated: 2008-10-03 02:32:45 EST)
09-24-08 5 1\1
(Hide Review...)  Worth for its price
Reviewer Permalink
I don't need much to write here as hundreds of people has written review for this book.
In simple terms the book is easy to read & understand. Analyze how best companies manage to retain their position by innovative & intelligent leadership. Research is sound & findings are really interesting. This book would be useful for any leader (or follower) even if they are not into financial sector.
The concept of "Good is the enemy of Great" struck me the most
Definitely worth for its price.
(Review Data Last Updated: 2008-10-03 02:32:45 EST)
09-19-08 3 (NA)
(Hide Review...)  Mediocre at best
Reviewer Permalink
After many years of ignoring the hype about this book (it admittedly has a great name) I buckled and read it. It was o.k. I did find some useful facts and anecdotes in it but for the most part it reminded me of esoteric research papers that I was forced to read in med school and residency -- crammed with #'s and statistics and graphs, but relatively little in the way of real-life applicable insights. Worth a quick perusal. The books by Trout and Ries are much better.
(Review Data Last Updated: 2008-10-03 02:32:45 EST)
09-15-08 3 1\1
(Hide Review...)  Read between the lines
Reviewer Permalink
This is a well-written book. However, I did not buy it hoping it to be well-written, but rather informative. And unfortunately, I feel it is deceptively informative to the less knowledgeable investor or analyst. The major shortfall is that the book tries to simplify some formula for discovering or building great companies by looking at a few things, when in fact, for publicly traded companies, there are many non-business issues that are equally important if not more important to determining long-term success. For instance, successful public companies have good longstanding relations with Wall Street because in the early stages, Wall Street can break a company due to their influence on the stock, which is essential for these young companies since it is often their primary if not only source of capital (via treasury stock and leverage of the stock value for credit). This is just one example but there are several others. In short, when one tries to simplify a complex dynamic, often the only result is failure. And in this regard, I feel that the book has failed because it has led the 'average Joe' to believe that there is a simple way to determine success when in fact it is very complex, and cannot be easily predicted. If you see the best-selling books, they are usually the ones that claim or try to simply complex things so the herd will buy them. Unfortunately, this is one of those books. Think about itā¦if it were so easy to teach someone to spot a great company in one book, wouldn't we all be investment gurus? Finally, I always find books by authors who have never managed money deficient in practicality. While Collins does a fine job relative to many other books out on the market, the bottom line is that this book serves as more of an entertaining read rather than an informative and valuable resource that will make you money, because it will not.

Another book I bought and read this week (after seeing it recommended here), which I also recommend as a pairing to Good to Great because it gives you the tools you need as an individual leader in business is Squawk!: How to Stop Making Noise and Start Getting Results
(Review Data Last Updated: 2008-09-15 01:13:43 EST)
09-15-08 3 5\5
(Hide Review...)  Read between the lines
Reviewer Permalink
This is a well-written book. However, I did not buy it hoping it to be well-written, but rather informative. And unfortunately, I feel it is deceptively informative to the less knowledgeable investor or analyst. The major shortfall is that the book tries to simplify some formula for discovering or building great companies by looking at a few things, when in fact, for publicly traded companies, there are many non-business issues that are equally important if not more important to determining long-term success. For instance, successful public companies have good longstanding relations with Wall Street because in the early stages, Wall Street can break a company due to their influence on the stock, which is essential for these young companies since it is often their primary if not only source of capital (via treasury stock and leverage of the stock value for credit). This is just one example but there are several others. In short, when one tries to simplify a complex dynamic, often the only result is failure. And in this regard, I feel that the book has failed because it has led the 'average Joe' to believe that there is a simple way to determine success when in fact it is very complex, and cannot be easily predicted. If you see the best-selling books, they are usually the ones that claim or try to simply complex things so the herd will buy them. Unfortunately, this is one of those books. Think about itā¦if it were so easy to teach someone to spot a great company in one book, wouldn't we all be investment gurus? Finally, I always find books by authors who have never managed money deficient in practicality. While Collins does a fine job relative to many other books out on the market, the bottom line is that this book serves as more of an entertaining read rather than an informative and valuable resource that will make you money, because it will not.

Another book I bought and read this week (after seeing it recommended here), which I also recommend as a pairing to Good to Great because it gives you the tools you need as an individual leader in business is Squawk!: How to Stop Making Noise and Start Getting Results
(Review Data Last Updated: 2008-09-18 15:20:28 EST)
09-12-08 1 1\1
(Hide Review...)  Master bamboozler
Reviewer Permalink
I did not finish this book. Many may argue reviewers should not review books that they have not read entirely, but I think it would ultimately benefit potential readers if even those who started books reviewed them. Maybe then Amazon book reviews would not be so skewed to 5-star reviews. Now on to why I did not like this book.

As a former management consultant, I appreciated the techniques the author used to make what he was saying sound important such as using fancy charts and graphs and writing in business lingo with little substance. The author also sets the stage by self-aggrandizing. In the first page he ruminates about how much someone would have to pay him in order not to publish the book. Apparently even 100 million dollars would not stop him from publishing his work. Now if this were a truly amazing book and research, why not let the readers decide instead of telling them how great it is going to be? Mr. Collins is smart, however. He knows self-aggrandizing works. Human beings fall for those pretensions all the time. Sales people use those strategies all the time. I don't believe that the author is trying to deceive readers and I am sure he genuinely believes his own material. "The first principle is that you must not fool yourself - and you are the easiest person to fool." (quote by physicist, Richard Phillips Feynman).

Collins looks at 11 companies that have achieved success and tries to explain what drove them to that success. This is a meaningless exercise. Every situation is unique and more importantly it has little application to the real world. If it did, then why hasn't he been able to predict the future successful companies and become rich by investing in them? If you are not convinced by my review, consider this: one of those "good to great" companies that is studied in the book is Fannie Mae. Enough said!
(Review Data Last Updated: 2008-09-19 00:36:52 EST)
09-08-08 5 0\1
(Hide Review...)  Good to Great
Reviewer Permalink
This is one of the best books on business ever written. Very easy to read and even easier to put into action.
(Review Data Last Updated: 2008-09-13 02:28:41 EST)
09-08-08 1 1\1
(Hide Review...)  Good to great to horrible
Reviewer Permalink
Fannie Mae was featured in the book Good To Great about 4 years ago. At the time the stock was trading at $70+. Seems like it went from good to great to horrible. Time for a new book.
(Review Data Last Updated: 2008-09-13 02:28:41 EST)
09-05-08 5 (NA)
(Hide Review...)  Good to Great -- the "fluffless" road to greatness
Reviewer Permalink
The CFO of one of my client companies was discussing Good to Great and it caught my attention! He's a smart man with outstanding work ethics, so it would stand to reason he would find this book a winner.

After reading it, I am amazed that someone finally articulated what many of us had suspected -- it isn't about being good. It isn't about hiring a team to come in and identify our "goals and objectives". It is about something much more quiet, and so much stronger. It is getting the right people on the train...and the wrong ones off. It is about working for the organization, not self.

This book has many fascinating facts which, if you keep them in the lead of your thoughts, will help you go from good to great as well.

The road to greatness is not for faint of heart, the under-dedicated, or those who cannot channel their egos into their organizations to work for the common good. BUT, if you are strong, determined and dedicated to the prize, look out--it's going to happen for your organization!

Definitely, read this book, regardless of where you are in your life/business process.

www.iris-sasakiHR.com
(Review Data Last Updated: 2008-09-09 01:13:26 EST)
09-02-08 3 (NA)
(Hide Review...)  Successful Business Practices
Reviewer Permalink
This book has generated so many successful business practices among my client base that who can genuinely put it down? As a companion to my own book, "The Expert's Edge," it completes the picture for business success. Read it over and over and over!
(Review Data Last Updated: 2008-09-07 01:16:23 EST)
09-01-08 5 20\21
(Hide Review...)  GREAT together
Reviewer Permalink
I ordered Good to Great along with Amazon's recommended pairing Squawk!: How to Stop Making Noise and Start Getting Results and they are a great match!

First, Good to Great provides a macro level view of what strategies various companies have employed over the last few decades and speculates a link between these strategies and the company's stock performance. As a leader, this book is helpful to consider your own strategies for your organization against some of the best companies in the world.

Squawk! is the perfect pairing for G2G because it covers the strategies an individual leader needs to employ to get commitment from his or her employees, top-notch teamwork and top performance. No leader can operate optimally without the skills to succeed on the one-on-one level, and this is what makes Squawk! such a great match!
(Review Data Last Updated: 2008-09-07 01:16:23 EST)
08-23-08 5 (NA)
(Hide Review...)  My Personal Number 1 Management Book
Reviewer Permalink
A few years ago, the company I was with purchased copies of Good to Great for managers. I was blown away by the information the book contained. The book went against my thinking at the time. In quick order, I changed my mind-set about several topics and found my `new ways' were more productive to my employer and my career.

Perplexed, I wondered why the executive management of the organization didn't practice the theories advanced in this book. They were after all, the ones that had purchased copies for their managers. Sad to say, the company began a downward spiral and several divisions were sold - myself included.

To my surprise, my new CEO was a huge fan of Good to Great and referred to it often. Outside of his office was a copy of the book permanently resting on a coffee table. In my good fortune, I learned that this CEO and the organization, took the lessons from Good to Great to heart. The company grew and my career grew.

I highly recommend this book to anyone in management. I have included it on my Amazon lists and my Amazon guides. I have stated this is, quite simply, the best book on management available. Michael L. Gooch, SPHR Author of Wingtips with Spurs
(Review Data Last Updated: 2008-09-01 01:16:36 EST)
08-19-08 5 (NA)
(Hide Review...)  It was Great
Reviewer Permalink
The book arrived much sooner than expected and in great shape. Very pleased with the service and product.
(Review Data Last Updated: 2008-08-23 01:14:24 EST)
08-14-08 5 (NA)
(Hide Review...)  Challenge to be Passionate
Reviewer Permalink
Working in Church leadership, I found Mr. Miller and team's work challenging and appealing. What seems obvious in being great is actually the antithesis of 'conistent greatness'. I would recommend this book for any organization. A+ for those of us in ministry!
(Review Data Last Updated: 2008-08-20 00:20:19 EST)
07-30-08 1 2\2
(Hide Review...)  Neither Good Nor Great
Reviewer Permalink
This book by Jim Collins is one of the most successful books to be found in the "Business" section of your local megabookstore, and given how it purports to tell you how to take a merely good company and make it great, it's not difficult to see why that might be so. Collins and his crack team of researchers say they swam through stacks of business literature in search of info on how to pull this feat off, and came up with a list of great companies that illustrate some concepts central to the puzzle. They also present for each great company what they call a "comparison company," which is kind of that company with a goatee and a much less impressive earnings record. The balance of the book is spent expanding on pithy catch phrases that describe the great companies, like "First Who, Then What" or "Be a Hedgehog" or "Grasp the Flywheel, not the Doom Loop." No, no, I'm totally serious.

I've got several problems with this book, the biggest of which stem from fundamentally viewpoints on how to do research. Collin's brand of research is not my kind. It's not systematic, it's not replicable, it's not generalizable, it's not systematic, it's not free of bias, it's not model driven, and it's not collaborative. It's not, in short, scientific in any way. That's not to say that other methods of inquiry are without merit --the Harvard Business Review makes pretty darn good use of case studies, for example-- but way too often Collins's great truths seemed like square pegs crammed into round holes, because a round hole is what he wants. For example, there's no reported search for information that disconfirms his hypotheses. Are there other companies that don't make use of a Culture of Discipline (Chapter 6, natch) but yet are still great according to Collins's definition? Are there great companies that fail to do some of the things he says should make them great? The way that the book focuses strictly on pairs of great/comparison companies smacks of confirmatory information bias, which is a kink in the human mind that drives us to seek out and pay attention to information that confirms our pre-existing suppositions and ignore information that fails to support them.

Relatedly, a lot of the book's themes and platitudes strike me as owing their popularity to the same factors that make the horoscope or certain personality tests like the Myers-Briggs Type Indicator so popular: they're so general and loosely defined that almost anyone can look at that and not only say that wow, that make sense, and I've always felt the same way! This guy and me? We're geniuses! The chapter about "getting the right people on the bus" that extols the virtue of hiring really super people is perhaps the most obvious example. Really, did anyone read this part and think "Oh, man. I've been hiring half retarded chimps. THAT'S my problem! I should hire GOOD people!" Probably not, and given that Collins doesn't go into any detail about HOW to do this or any of his other good to great pro tips, I'm not really sure where the value is supposed to be.

It also irked me that Good to Great seems to try and exist in a vacuum, failing to relate its findings to any other body of research except Collins's other book, Built to Last. The most egregious example of this is early on in Chapter 2 where Collins talks about his concept of "Level 5 Leadership," which characterizes those very special folks who perch atop a supposed leadership hierarchy. The author actually goes into some detail describing Level 5 leaders, but toward the end of the chapter he just shrugs his figurative shoulders and says "But we don't know how people get to be better leaders. Some people just are." Wait, what? People in fields like Industrial-Organizational Psychology and Organizational Development have been studying, scientifically, what great leaders do and how to do it for decades. We know TONS about how to become a better leader. There are entire industries built around it. You would think that somebody on the Good to Great research team may have done a cursory Google search on this.

So while Good to Great does have some interesting thoughts and a handful of amusing or even fascinating stories to tell about the companies it profiles (I liked, for example, learning about why Walgreens opens so many shops in the same area, even to the point of having stores across the street from each other in some cities), ultimately it strikes me as vague generalities and little to no practical information about how to actually DO anything to make your company great.
(Review Data Last Updated: 2008-08-15 00:22:19 EST)
07-28-08 5 (NA)
(Hide Review...)  Excellent Book
Reviewer Permalink
Great book on leadership and promotes excellent ideas for company success. Easy read and very useful. The points presented make perfect sense and are very practical. Not a good book but a great book!
(Review Data Last Updated: 2008-07-31 00:47:53 EST)
07-20-08 3 (NA)
(Hide Review...)  Something Not Quite Right
Reviewer Permalink
I bought the book after seeing him on PBS. I must say I am a little diappointed. I was really hoping for some deep insight and inspiration. Instead I read about a bunch of research from newspaper clippings by some 20-something reasearch students who could not run a Quicky-Mart as well as Apu.

Collins has some great concepts Level 5 Leaders and the "Stockdale Principle" and then some things to turn on the eclectic filter as you read.

Find or steal one of Tom Peters books on Excellence - Before you read this
(Review Data Last Updated: 2008-07-29 00:22:18 EST)
07-13-08 1 (NA)
(Hide Review...)  Pray you never have a boss who buys into this
Reviewer Permalink
The egoism, hubris, and cold-bloodedness that is sanctioned by this book is frightening. Loyalty becomes the only virtue. If you've worked for an executive who has bought into this, you'll understand how we ended up in Iraq.
(Review Data Last Updated: 2008-07-21 00:54:52 EST)
06-30-08 4 (NA)
(Hide Review...)  Great for the small business owner
Reviewer Permalink
Good to Great is a great book for anyone in business. I was amazed at some of the less obvious lessons learned from the years of research as well as the simple truths that seemed obvious after they were revealed.
I am a small business owner with a professional degree but with no formal business education. It was good to read "research" that was not all stuffy and dry. A particularly strong point for me was the argument for why I should strive to be great and not just "good" or even "mediocre". I am planning on reading Jim Collins' other book, Built to Last.
(Review Data Last Updated: 2008-07-14 00:21:25 EST)
06-28-08 5 29\29
(Hide Review...)  A New Way to Look at Growing Your Business
Reviewer Permalink
"Good to Great: Why Some Companies Make the Leap... and Others Don't" by Jim Collins was a real eye opener for me.

In this book, Jim Collins, observes 28 companies over the span of 5 years. Over this period of time 11 of the companies make the leap from "Good to Great". The findings in this book were truly eye opening and inspirational. I loved the chapter on Level 5 leadership. Collins starts the chapter using a quote by Harry S. Truman "You can accomplish anything in life, provided that you do not mind who gets the credit". This is the essence of the book.

I also loved that in this book he speaks about how the executives that ignited the transformation for companies that went from good to great, did not figure out how to drive the bus, but how to get the right people on the bus (and the wrong people off) and then they figured out where to drive it.

Another book I really enjoyed reading about transformation is Being Here: Modern Day Tales of Enlightenment. Any person who is looking to grow their business would greatly benefit from reading both these books.


(Review Data Last Updated: 2008-06-30 04:11:50 EST)
06-27-08 5 (NA)
(Hide Review...)  Good to Great
Reviewer Permalink
The condition of this book was excellent. I recieved it in a very timely manner. If you currently own or are looking to own your own business, this book is invaluable. The concepts are concrete, realistic, and attainable. I highly recommend this book.
(Review Data Last Updated: 2008-06-30 04:11:50 EST)
06-22-08 5 (NA)
(Hide Review...)  A Book That Gets Down To Business
Reviewer Permalink
If you are like me and struggle to keep a business running at a profitable level, then you need books like this one. In my opinion, "The Businessman's Bible" is an alternative title for this great and informative text.

This book is gleaned from facts acquired through years of researching the ups and downs of thousands of companies, to learn what works and why, and what definitely should be avoided in the business world.

If you are in business or even contemplating going into business, then you must read this book.

Real Life Dramas - Volume One

Darren G. Burton
(Review Data Last Updated: 2008-06-27 04:02:04 EST)
06-16-08 5 0\1
(Hide Review...)  Who is on your Bus?
Reviewer Permalink
This is one of the most quotable books around. There are excellent tidbits, which can be applied to everyday business. For example, Right people on the bus, Hedgehog concept, Level 5 leadership....a dabbling for everyone to enjoy and quote.
(Review Data Last Updated: 2008-06-23 00:48:06 EST)
06-13-08 4 (NA)
(Hide Review...)  Excellent
Reviewer Permalink
Nutshell review - This is an excellent book. Great insights and ways of thinking about being better than just good. Very motivating and a must read for every manager.
(Review Data Last Updated: 2008-06-17 01:10:49 EST)
06-11-08 4 (NA)
(Hide Review...)  The Bus, the BHAG and the Hedgehog!
Reviewer Permalink
I find that I spontaneously use and spout out "Jim Collinisms" (is that a word!) based on the concepts in this book. As a business owner of a marketing firm that helps contract manufacturers get new customers, every day I use the principles of

* Getting the right people on the bus and then getting them in the right seats.
* Creating a Big Hairy Audacious Goal and using that as the vision to keep all the horses pulling in the same direction.
* Focusing on what you're really really good at that is your USP - Unique Selling Proposition, your niche, your sweet spot.

Thanks Jim -- I hope to someday be a level 5 leader, but need to get beyond the 3's/4's of just good...
(Review Data Last Updated: 2008-06-14 00:03:56 EST)
06-09-08 5 (NA)
(Hide Review...)  GREAT!!!
Reviewer Permalink
Good to Great is about a research to discover how an ordinary company can make the transition from being good, to achieving breakthrough and becoming great. He begins the book by describing the transition from good to great as a flywheel that consists of 3 stages of discipline with each stage containing 2 key concepts. What's important to understand is that becoming a great company takes time; it is a slow build up process that takes disciplined people, disciplined thought, and disciplined action leading to breakthrough. A great company does not become great overnight through a single defining miracle moment, savior, or revolutionary idea.

Jim Collins stresses the idea of Level 5 Leaders and having the right people on the bus, which is crucial to having a great company. These concepts are discussed in the first stage of the process, which really makes one re-evaluate the type of companies that one would want to be associated with. These first two ideas had me questioning my own personal work ethics, abilities, attitude, and overall character, hoping that I can be the right person on the bus and someday evolve into a Level 5 Leader. It takes great people to make a great company, so the question is are you or can you be someone great? The next stage of disciplined thought explains how one must confront the brutal facts of the current reality, you can't overcome obstacles or challenges unless you face them head on and have faith that you will prevail. Once this has been accomplished, a clear understanding of what the company can be the best in the world at, what the people in the company can be deeply passionate about, and what drives the economic engine of the company should be addressed. The intersection of these three ideas is what Collins calls the "hedgehog concept" and is another significant factor in becoming a great company. Without this insight and understanding, the company has no direction or light to follow. This stage is, in my opinion, the most difficult of this process. It is probably where most companies get stuck and are not able to clearly grasp and understand what is their hedgehog concept. The final stage is really just following through and having the discipline to make the right decisions and choices, by creating a "culture of discipline", which completely relies on the establishment of the first two stages. This is the chapter that really brings all the concepts together and how to put it all into action. The idea is not having to manage the people in the system, but rather managing the system itself.

Overall, this book was a very easy and intriguing read. Collins does a great job at keeping the reader interested with the various examples and stories that he incorporates into the ideas that he is trying to get across. He uses a lot of fascinating jargons or statements that really stuck in my mind such as "rinsing your cottage cheese." I believe the ideas that are presented in Good to Great can really open some people eyes and give better understanding of why we sometimes find ourselves dreading the idea of work at one company and excited about going to work at another. On that note, I would highly recommend this book and leave you with a quote from Pablo Picasso, which was used, in the last chapter of the book, "It is your Work in life that is the ultimate seduction."
(Review Data Last Updated: 2008-06-12 00:04:04 EST)
06-09-08 5 (NA)
(Hide Review...)  Good to Great by Jim Collins
Reviewer Permalink
I would rate this book as a five star book. It gives the reader different points of view regarding the management of different companies that made the transition from good companies to great companies. The most important subject of the book revolves around the people. In the book, Jim Collins describes how great companies made the transition because they had Great people working for them that understood the Hedgehog concept. Overall, I would really recommend this book to management because it describes how to improve the quality and the performance of your company.

Ismael Favela
(Review Data Last Updated: 2008-06-12 00:04:04 EST)
06-08-08 4 (NA)
(Hide Review...)  Good Overview, Great Content
Reviewer Permalink
Jim Collins did a great job at analyzing how companies go from Good to Great.

Jim and his staff of researchers were able to compile data on the great companies to compare with the mediocre or weaker companies. This data portrayed very well how simplicity is a key component to great success. The hedgehog concept displays how a simple idea can be useful. Staying away from confusion and too much clutter allows a company to stay focused on what they want to do. Also, finding the right people for the company philosophy makes establishing and maintaining a great company much easier.

The book was a great guideline for transforming average companies into great ones. He also established why reading both books would help in building great companies. He ties the concepts together very well.

I recommend this book to anyone who wants to go beyond being satisfied with success alone. Basically, everyone should remember to do what they do best and take control of those opportunities that are made available.
(Review Data Last Updated: 2008-06-12 00:04:04 EST)
06-07-08 5 (NA)
(Hide Review...)  The Power of a Hedgehog
Reviewer Permalink
I rarely if ever write reviews, but thought it important to reflect on the impact Good to Great has had on my business consciousness. The real world examples are aspirational and show the impact leaders committed to being the best in their sector can have on the achievement of success. Whilst my use of these concepts does not relate to the management of a multinational blue chip, they are very relevant to my approach to sales within the recruitment business I manage. Recruitment focused on core areas of specialisation and the development of key communities of candidates is very much a driver of success and this is the power of the headhog concept at its most basic level. Good to Great: Why Some Companies Make the Leap... and Others Don't
(Review Data Last Updated: 2008-06-09 01:13:06 EST)
06-04-08 4 (NA)
(Hide Review...)  Good to Great
Reviewer Permalink
Jim Collins and his research team have done an extraordinary job! There is a reason why this book has sold way over two million copies and why it was named the #1 Bestseller.
When I first purchased a copy of the book and flipped through the pages, I was a little overwhelmed with all the charts illustrated throughout the text. I thought to myself, "oh no, it's going to be another book where I will be hugging the dictionary and scratching my head!" However, it was nothing that I had predicted. It was so easy to read and comprehend as every chart and figure was carefully explained and simply exemplified.
What I enjoyed most about reading the book was the fact that everything here is common sense, nothing is new. For example, we know that hiring the right people is essential in running a great company and being able to insert them into the right tasks (their strengths) will not only create a better working atmosphere and environment, but establishes a comfort zone and constructs a relationship between management and employee in regards to trust and understanding. Additionally, as in every company, the sooner the company is able to understand, accept, and confront their brutal facts (weaknesses), then the better and stronger the company can become. "Good to great companies faced just as much adversity as the comparison companies, but responded to that adversity differently." Lastly, knowing and understanding what you are passionate about, what you can be the best in the world at, and getting paid to do just that will help push and drive yourself to become Great, as the motivation is there.
This is all common sense knowledge, and a stroke of genius on how Jim Collins and his research team were able to validate and justify it. They have proven what we know is true and what we know should work with years of research through company comparisons and specific examples.
Overall, this is definitely a book worth purchasing. It provides numerous examples of specific scenarios that reflect the concepts and theory related. And most notably, it is written so simply that a sixth grade student will be able to understand it.
(Review Data Last Updated: 2008-06-08 01:10:06 EST)
05-27-08 5 (NA)
(Hide Review...)  Good to Great is Great
Reviewer Permalink
This book challenges every business, school, and organization to uncover the reasons why we settle for "good enough" instead of great. As a school administrator willing to search and push for continuous improvement, I have kept this book close by. The author Jim Collins, with his research team uses data from successful organizations to support the belief that any organization can substantially improve its performance to the point of becoming great. The good to great ideas presented are straightforward, conclusive with great realistic strategies, and well supported with data. Among their findings are 1) Level 5 Leadership: It all starts with a leader who possesses personal humility and professional will, 2) First Who...Then What: Any organization must get the right people on the bus first before it moves forward 3) Confront the Brutal Facts: An organization must objectively look at the current reality through examination of the facts. 4) Hedgehog Concept: A very simple concept that any organization must find its core, and be the best in the world around that core. 5) A Culture of Discipline: Disciplined people and disciplined thought bring disciplined action and greater performance. 6) Technology Accelerators: Technology can take a significant role in helping an organization transform to greatness. I believe that any organization can make a conscious choice to follow "Good to Great" concepts and after time, see itself accomplish a breakthrough similar to what Collins illustrates with a sustainable momentum similar to a heavy flywheel.

Greg Tiemann
Assistant Principal
Millard North High School
(Review Data Last Updated: 2008-06-05 14:14:31 EST)
05-23-08 5 2\2
(Hide Review...)  How to go from good to great
Reviewer Permalink
I like the way 'Good to Great' outlines many corporate leadership attributes, especially discipline, which is rare these days. I can honestly say Mr Collins' book is helping my company go from OK-ordinary-good to great, as shown by our bottom line. Lately, I picked up the book by Norman Thomas Remick, '..Going Beyond Leadership of Character..', and I can honestly say it is already helping me, personally, to grow as a leader, and is the 'Good to Great' counterpart dealing, not with taking a business or corporation from OK-ordinary-good to great, but taking an individual from good to great in leadership. The Collins book is obviously the gold standard for companies, the Remick book is the new guy on the block for ambitious leaders of character.
(Review Data Last Updated: 2008-05-28 01:11:51 EST)
05-23-08 5 0\2
(Hide Review...)  Get on the Bus
Reviewer Permalink
In one of the best examples of literature on paradigm shift thinking, Jim Collins writes a book that challenges the very core of organizational thinking and how companies function. At the very heart of the book is the premise that "Good is the enemy of great". Collins then provides examples of top companies that made a concerted effort to get beyond good and become great companies that have sustained growth for decades.

In order to go from good to great, Collins outlines an approach that all organizations need to go through. One major point of emphasis is to get the right people on the bus. This clever analogy is echoed throughout the book and points to the fact that in order to move an organization forward, that organization needs to have the right employees doing the right jobs and if they aren't move them around until they are.

Another fascinating concept that Collins introduces is the Hedgehog Concept. Collins describes this process in three very important questions that all organizations need to answer. What are you deeply passionate about? What can you be the best in the world at? What drives your economic engine? Finding the answers to these questions ultimately will lead an organization to the flywheel of success or the doom loop.

Overall, Jim Collins has created a masterful design in paradigm shift thinking. In order to change an organization, a shift from the present paradigms to ones that are permeating on the edge needs to take place. In order to do this, the right people need to be on the bus and the paradigm needs to contribute to your organization being the best in the world at something. If not, an organization might continue to be good, but will never be great.
(Review Data Last Updated: 2008-05-28 01:11:51 EST)
05-18-08 4 1\1
(Hide Review...)  It was good, not great.
Reviewer Permalink
I bought this because I have to read this for a class and wanted to listen to it in the car while on the road. This is definitely a "must read" for anyone that has aspirations of becoming a top level manager. It is very inspirational. The difficult part is trying to make the changes necessary to become great. Very thought provoking.
(Review Data Last Updated: 2008-05-24 01:09:34 EST)
05-15-08 4 1\1
(Hide Review...)  Great leadership insight
Reviewer Permalink
This book outlined many areas of leadership especially in the area of discipline which I find the most telling. His matrix of creative discipline is particularly insightful for anyone looking to improve their leadership skills in a team environment.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
05-12-08 4 (NA)
(Hide Review...)  Brief but enlightening
Reviewer Permalink
There's not a lot to this book, but for me it was a must read. The author explains his findings simply, but since everything is based on research instead of subjective opinion there's really no reason for him to ramble on. I also bought the audio CDs, which I recommend for air travel.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
05-12-08 5 1\1
(Hide Review...)  Chiropractic Billing went from Good to Great
Reviewer Permalink
Having read Good to Great and implementing its principles into the every day operation of my company I can say without question this book is one of the best ever written. Billing Precision would not be the same without this book. We have used it as a guide or road map to our success. Today Billing Precision is the fastest growing billing company for Chiropractors in the US and in just three short years has grabbed a significant portion of its' market. Using the Good to Great principles Billing Precision has redefined how outsourced insurance billing and practice management software is used by chiropractors across the country. I can honestly say that Jim Collins' work has made a huge impact on my business and I definitely recommend that everyone read this book.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
05-07-08 1 3\4
(Hide Review...)  Look at the results of the 'great' companies
Reviewer Permalink
Let's see the results of these great companies...did they even keep up with the general market since this book was publish...no...not only that many are doing abysmally such as Circuit City and Fannie Mae. Even though Jim Collins stood firm against the idea of a 'new economy' and he wisely advocates against high-profile CEOs and golden parachutes, he didn't see the massive bubble that these companies were a part of and that attributed to their 'greatness'. The empirical analysis wasn't really empirical at all and failed to see the hidden assumptions in the research. I recommend potential buyers spend money on a good economics text or course, not on this overrated junk bond of a book.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
05-06-08 5 (NA)
(Hide Review...)  Great Resource
Reviewer Permalink
I read this book along with its companion piece for non-profit organizations. It is filled with good, practical advice that can be applied to almost any organization. It's also a very easy read.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
04-26-08 5 (NA)
(Hide Review...)  7 years, apparently Jim Collins understood "built to last"
Reviewer Permalink
I have owned this book on CD since '03 and just this year purchased the hardcover edition. Through his teams research and analysis, Jim Collins has constructed a potentially timeless classic for business people and leaders. GTG will add to your professional talents, it is inspiring and compelling for those of us that border on obsession with our professional lives. This book has helped me to hire and fire. I revisit it regularly for inspiration. GTG is truly an investment in your own future. If you can apply the techniques written about here you will see a difference in the quality of the life for you and those that you work with daily. The simple concepts of first who, then what and the hedgehog, bring a simplistic and valuable way to approach our day to day challenges. Those very simple core values of GTG leaders are easy to articulate but very difficult to practice and execute consistently. Once mastered they are very powerful and rewarding. Time spent with GTG will certainly provide a return. Don't wait any longer. Your thoughts and opinions are always welcome.
(Review Data Last Updated: 2008-05-21 00:04:14 EST)
04-21-08 5 (NA)
(Hide Review...)  Good To Great Is The Best Business Book That I Have Ever Read!!
Reviewer Permalink
This book does a great job of making business interesting. It literally reads like a novel. I couldn't put it down, even though I just completed it for the third time. Although I do not subscribe to it in totality, its concepts are based upon thousands of research hours and are well presented with plenty of examples from the famous companies included in the book. I have handed it out to the management team of a recently purchased company and have no doubt that at the very least it will stimulate strategic thinking. I recommend it highly!
(Review Data Last Updated: 2008-04-27 01:10:31 EST)
04-20-08 4 0\2
(Hide Review...)  Well presented analysis
Reviewer Permalink
Jim Collins is a business professor and author of three previous business books. Good to Great seeks to answer the questions, "Is it possible for a good company with an ingrained culture of average performance to become truly great?" and, if so, "how?"

Indeed, Collins argues, the answer is "yes," (hence the name oft the book) and then provides seven characteristics of companies that make such a transition. After engaging in a thorough analysis of several years worth of Fortune 500 companies (the research is explained in the first chapter and several indices), Collins identified a handful of companies that made such a leap (in markets average or difficult markets) and contrasted them with nearly identical companies that remained average.

Collins argues that good-to-great companies begin with disciplined people--putting a highly self-differentiated person as the CEO (or its equivalent), and then hiring other self-differentiated people/firing weak or aggressive people/placing strong employees in places with the most growth potential. Good-to-great companies also practiced disciplined thought in that they came to terms with difficult facts while maintaining optimism and followed a business plan with a limited focus. Finally, these companies displayed disciplined action in that they were self-disciplined (no bureaucratic policies or carrot-and-stick policies were needed to force productivity), and used technology wisely to keep within their narrow focus (not adopting technology for technology's sake or allowing its siren song to change the narrow business plan). Finally, Collins argues that success was difficult for these good-to-great companies to come by at first, but then mild successes yielded moderate successes; moderate successes yielded good successes; good successes yielded wild success to the point that the organization seemed to be on autopilot.

I found Collin's arguments compelling and I enjoyed his writing style. He presented concepts in memorable ways and presented stories to illustrate his points. I also appreciated his constant continual comparison of specific good-to-great companies with always-good companies (and even declining companies). It should be noted that this reader is not a businessman and some of the jargon was lost on me, but nevertheless the use of jargon didn't prevent me from understanding his main points.

It should also be noted that Collins has written a follow-up monograph for those in not-for-profit organizations. This reader found that there were certain aspects of this business book that didn't loan itself well to church work or work in other social sector organizations. The monograph is called "Good to Great and the Social Sector"

Recommended.
(Review Data Last Updated: 2008-04-27 01:10:31 EST)
04-05-08 5 (NA)
(Hide Review...)  Intriguing. A good read for anyone in an organization.
Reviewer Permalink
Fascinating case studies and example from the business world of success, failure and the reason for both. This is a good read for anyone interested in transforming their business or organization. More than that, it's a great read for anyone who is even part of a business or organization.
(Review Data Last Updated: 2008-04-20 01:08:13 EST)
04-04-08 1 (NA)
(Hide Review...)  Common Sense.
Reviewer Permalink
As Mark Twain said "There are lies, dam lies and statics". Jim Collins missed the point at what makes a great company, Common Sense. He lost me at his Hedgehog concept and show his Stanford biases. Anyone who can speak well of Carl Marx I have a problem with. This is the problem with America business today. Too many satiations like Mr. Collins here. Keep it simple, use Common Sense, make great companies.
(Review Data Last Updated: 2008-04-20 01:08:13 EST)
03-27-08 1 0\4
(Hide Review...)  Plenty of Business Owners followed the same ideas and went BANKRUPT
Reviewer Permalink
in this book you will find a long blablabla about some succesfull companies.

problem is that many other companies, plenty of them and plenty of Business Owners followed the same ideas and went BANKRUPT

but this book doesnt say about them.

just hype here... a reason to waste time and money:(
(Review Data Last Updated: 2008-04-05 01:12:09 EST)
  
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