Good to Great, published in March , is actually a narrative presentation of the quest of Jim Collins and his team as they conducted a research study regarding company performance which rooted from a single question: Can a good company become a great company and, if so, how? The Good to Great is a book that was written by Jim Collins. It provides philosophical ideas towards becoming a success in business and other spheres. It describes the way companies can become great Good to Great Essay Words | 4 Pages "Good is the enemy of great” is the first sentence in Jim Collins book; Good to Great, Why Some Companies Make the Leap and Other Don’t. Jim Collins says, because good is the enemy of great, is one of the key reasons why we have so little that becomes great
Good to Great - Essay
There is a difference between a good company and a great company, good to great essay. There is a difference between long-term mediocrity and long-term superiority. The reason why most companies never become great is because they limit themselves to just being good. Good is the enemy of great. There are certain criteria that great companies share that helped them make the rare transition from solid to outstanding performance.
All great companies will always have the right group of people to get the job done, a clear sense of thought as to what is expected and what goals are attainable, and the right process scheme as to how their objectives will be met and fulfilled.
Great companies first focus on choosing people who will benefit the company in the short run and in the long run. They focus on getting the right people on the team while getting the wrong people off before setting up the platform as to where the company will move towards.
They are self-motivated good to great essay willing to give their best work to create or be part of something important. When choosing the right person, great companies look not only for specific knowledge and skill, but also evaluate the innate capabilities, values, and traits of the person. Choosing the right people is also applicable at the higher good to great essay positions of a great company. The leaders of these great companies are not focused on the celebrity aspect of their position, but rather are incredibly humble and totally dedicated to developing excellence in their organization.
They credit success to factors good to great essay than themselves and take the blame when things go wrong. Great leaders also have a unique way to deal with their employees.
They create a legitimate and personal relationship with their employees that results in employee awareness of when they are being an asset to the company or when they are not performing to standards.
Leaders must not hesitate to deal with low performers and take whatever means necessary to ensure that only high performing people are involved in reaching the goals of the company.
Companies that are in the process of going from good to great must first confront the brutal facts of their current situation. The company must be able to retain the conviction that they can prevail irrespective of any difficulties that they might be facing.
Open expression from all individuals in the company must be encouraged so that the truth comes out and solutions to the problems are found.
Great companies not only acknowledge good to great essay there are problems that need to be addressed, but also stick to what they know how to do best. This is the general principle of the hedgehog concept. All good to great companies show deep understanding of the three intersecting circles of the simple Hedgehog Concept.
First of all, good to great essay, the company must have a clear understanding of what it can be the best at and what it cannot. Secondly, it is very important for there to be a strong passion for what the company is doing. If the company becomes the best at something, it will never remain at the top unless there is an overall sense of passion and desire.
Thirdly, good to great essay, it would make no sense to be the best at something if there were no economic compensation for it. There must be an economic engine in order for there to be prosperous results. Companies that are guided by the hedgehog concept will usually have a Council.
The Council consists of a group of the. Good to Great, good to great essay. com, 11 Accessed 11, Essay title: Good to Great Good to Great There is a difference between a good company and a great company. Read full document Save. Download as for upgraded members. Citation Generator APA MLA MLA 7 CHICAGO.
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, time: 8:247 Lessons from Good to Great - Lean East
The Good to Great is a book that was written by Jim Collins. It provides philosophical ideas towards becoming a success in business and other spheres. It describes the way companies can become great The Flywheel from Good to Great by Jim Collins. Collins learned that factors such as CEO compensation, technology, mergers and acquisitions, and change management initiatives played relatively minor roles in moving from Good to Great. Instead, Collins found that successes resulted from three main factors: disciplined people; disciplined thought Nov 15, · Good to Great There is a difference between a good company and a great company. There is a difference between long-term mediocrity and long-term superiority. The reason why most companies never become great is because they limit themselves to just being good. Good is the enemy of blogger.comted Reading Time: 4 mins
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