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Good to Great Book - Best Prices

Take your business from Good to Great  

Ever wondered why some companies make the leap and others don’t? Well Jim Collins, author of Good to Great  answers that question in his 2001 published novel, which describes why certain companies make the transition from being average to great. This greatness, according to Collins, is defined according to the company’s financial performance over a sustained period of time. The better it fares than other companies determines where on the scale between average to great it ranks.  

By analysing companies that managed to become great, Collins determined seven characteristics that could help you change your company into the next Abbott Laboratories and Circuit City. The first of the seven is humility. While humble is often interpreted to be pacifist, such leaders can be driven – and again, humility is encouraged.  

Knowing where you want your company to go is important, but not as much as knowing who to go there with. Choose the right people before you being the journey and make sure these people are in the right positions.  

No book of success would be legitimate without the addressing the expectation of failure. After interviewing Vice Admiral James Stockdale of the US Navy, Collins came up with his Stockdale Paradox. The admiral noted that “you must never confuse the faith that you’ll will in the end…. with the discipline to confront the most brutal facts of your current reality.” The paradox is the approach you must take – to have faith that you’ll be successful while admitting the current problems.  

Make sure your interests to make money, skills and passions overlap. The hedgehog concept is key to driving your business forward. Which emphasises the next point, namely to create a culture of discipline.  

Use technology to accelerate your growth. This will give impetus to your overlapping circles, while your company compounds smaller initiatives that act on each other and grow.  

The book basis its advice on the examples of 11 successful companies. Good to Great can be ordered from WantItAll for the Best Price of R342.  
Date Added: 18 January 2010 07:17:47


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