Adopted from the following quote of Jim Collins..
“A culture of discipline is not a principle of business, it is a principle of greatness.”
Tag: Good to Great
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This is what gives rise to BUREAUCRACY at a workplace
Adopted from the following quote of Jim Collins ..
“The purpose of bureaucracy is to compensate for incompetence and lack of discipline–a problem that largely goes away if you have the right people in the first place.”
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Great organizations stick to their VALUES
Adopted from the following quote of Jim Collins , book Good to Great..
“It is not the content of a company’s values that correlates with performance, but the strength of conviction with which it holds those values, whatever they might be. ”
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Having Self Motivated people saves a lot of effort
Adopted from the following quote of Jim Collins , author of book Good to Great..
“Expending energy trying to motivate people is largely a waste of time… if you have the right people on the bus, they will be self-motivated.”
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This quote follows from the Hedgehog Concept
The Hedgehog Concept as mentioned by Jim Collins in his book Good to Great consists of the following three principles..
The goal of a great individual or organization is to focus at the intersection point of the three circles which are as follows..
- What you do are you deeply PASSIONATE about
- What you do are you BEST in the WORLD at
- Is the strategy economically viable
“You can be passionate all you want, but if you can’t be the best at it or it doesn’t make economic sense, then you might have a lot of fun, but you won’t produce great results.”
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This quote wonderfully highlights a bureaucratic environment
Adopted from Seth Godin’s great quotes , the following quote endorses Jim Collins’s finding in book Good to Great that bureaucratic environments would not arise if the right people are put in the right place..
“The purpose of bureaucracy is to compensate for incompetence and lack of discipline–a problem that largely goes away if you have the right people in the first place.”
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This quote explains how to detect HIRING MISTAKES
Adopted from the following great quote of Jim Collins , author of Good to Great..
“The moment you feel the need to tightly manage someone, you’ve made a hiring mistake. The best people don’t need to be managed. Guided, taught, led–yes. But not tightly managed.”
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This quote explains how Level 5 leaders constructively channelize their ego
Adopted from the following great quote of Jim Collins from the book Good to Great..
Level 5 leaders are visionary leaders who transform good companies into great and iconic companies..
“Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious–but their ambition is first and foremost for the institution, not themselves.”
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This quote explains that Greatness is a function of………….
Adopted from the following quote of Jim Collins , author of book Good to Great..
“Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice and discipline.”
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This quote highlights the importance of on boarding the right people
Jim Collins in his book Good to Great mentions the following as an important strategy adopted by leaders in great companies-
Taking the wrong people off the bus and on boarding the right people on the bus for sustainable success..
The same has been echoed by Seth Godin in this following quote of his..
“If you’ve got people on your bus who are headed somewhere you have no intention of going, today might be a good day for them to get off the bus.”