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Good to Great: Why Some Companies Make the Leap...And Others Don't (Good to Great, 1),New
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The Challenge: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 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 longterm mediocrity or worse into longterm 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 goodtogreat 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 CocaCola, Intel, General Electric, and Merck.The Comparisons: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. 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 twentyeight 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: Goodtogreat 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?
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- Q: What is the page count of the book? A: This book contains three hundred pages. It provides a comprehensive exploration of business management principles.
- Q: What is the binding type of this book? A: The book is a hardcover edition. This binding type offers durability and a professional appearance.
- Q: What are the dimensions of the book? A: The book measures six point one two inches in length, one point zero six inches in width, and nine point two five inches in height.
- Q: Who is the author of this book? A: The author is Jim Collins. He is well-known for his research in business management and organizational performance.
- Q: What genre does this book belong to? A: This book is categorized under Company Profiles. It focuses on the analysis of successful business strategies.
- Q: How do I apply the concepts from this book? A: To apply the concepts, read the chapters carefully and implement the strategies in your organization. Focus on leadership and discipline.
- Q: Is this book suitable for beginners in business? A: Yes, this book is suitable for beginners. It provides foundational insights into moving from good to great in business.
- Q: What can I learn from this book? A: You can learn about the key determinants of business success and strategies for achieving lasting greatness.
- Q: Are there exercises to practice the concepts in this book? A: No, this book does not include exercises. It focuses on case studies and theoretical insights.
- Q: How should I store this book? A: Store this book in a cool, dry place to maintain its condition. Avoid exposure to direct sunlight to prevent fading.
- Q: Can I clean the book's cover? A: Yes, you can lightly dust the cover with a soft cloth. Avoid using water or cleaning solutions.
- Q: Is this book safe for young readers? A: Yes, this book is safe for young readers. It contains no explicit content, focusing instead on business strategies.
- Q: What if my book arrives damaged? A: If your book arrives damaged, contact customer support for assistance with returns or replacements.
- Q: Does this book come with a warranty? A: No, this book does not come with a warranty. However, standard return policies apply.
- Q: What is the return policy for this book? A: Typically, you can return the book within thirty days if it is in good condition. Check the retailer's specific policies.