Good2 great jim collins

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Good2 great jim collins

  1. 1. GOOD TO GREAT JIM COLLINS
  2. 2. Disciplined people- no hierarchyDisciplined thought- no bureaucracyDiscipline action- no controls
  3. 3. 1. Level 52. First who…then what3. Confront the brutal facts4. Hedgehog (simplicity)5. Culture of discipline (P-T-A)6. Technology Accelerators
  4. 4. LEVEL 5 SELF EFFICACY QUIET RESERVEDPERSONAL HUMILITYPROFESSIONAL WILL
  5. 5. Culture of Discipline + ethic ofentrepreneurship = alchemy ofgreat performanceGood to great = sustained greatresults= built to last = enduringgreat company
  6. 6. LEVEL 5 executive Effective leader Competent managerContributing team leaderHighly capable individual
  7. 7. HIGHLY CAPABLE INDIVIDUALPRODUCTIVE CONTRIBUTIONwith talent, knowledge, skills andgood work habits
  8. 8. Contributing team leaderContributing individualcapabilities to group objectivesand works effectively
  9. 9. Competent managerOrganizing , people, resourceseffectively and efficiently for thepursuit of pre determinedobjectives
  10. 10. Effective leaderCatalyzes commitment to andvigorous pursuit of visionstimulating higher performancestandards
  11. 11. Level 5 executive Incredible ambitionEnduring personal humility and professional will
  12. 12. Modest & willful + humble &fearless “have unwavering RESOLVE to ‘what must be done’”
  13. 13. Professional will Personal humility• creating results • compelling modesty• unwavering resolve • calm determination,•“will settle for relies on inspiringnothing less” standards•Looks in mirror for • channels ambitionpoor results •Looks out window for good results
  14. 14. • lead with questions, but not answers•Engage in dialogue and debate notcoercion• conduct autopsies, without blame• build red flag mechanisms that “theinformation can’t be IGNORED”
  15. 15. STOCKDALE PARADOX RETAIN FATIH & CONFRONT FACT
  16. 16. THE HEDGE HOG CONCEPT •WHAT YOU ARE DEEPLY PASSIONATE ABOUT •WHAT YOU CAN BE THE BEST IN THE WORLD AT •WHAT DRIVES YOUR ECONOMIC ENGINE
  17. 17. ACTION ON THE HEAR SAY WITHHEDGE HOG CONCEPT- ANITERATIVE PROCESS
  18. 18. •X AXIS- ETHIC OFENTREPRENEURSHIP•Y AXIS- CULTURE OFDICIPLINE•BUREAUCRATIC- START UP-HIERARCHIAL- GREAT ORGN
  19. 19. A CULTURE OF DISCIPLINEIt is about getting disciplinedpeople with disciplined thoughtfor disciplined actionIt takes discipline to say “No,thank you” to big once in a lifetime opportunityHave a “stop doing list” which ismore important than “to do” lists
  20. 20. Nucor’s three circles•Passion- for eliminating class distinctionsand creating an egalitarian meritocracy thataligns management, labor, and financialinterests•Could become the best in the world- atharnessing culture and technology toproduce low cost steel•Economic ENGINE- of profit per ton offinished steel
  21. 21. Technology accelerators“crawl, walk, run” is the veryeffective approach in rapid andradical technological change
  22. 22. The fly wheel effectConsistency & coherenceLet results do most of the talking andaccelerate momentum“it is your work in life that is theultimate seduction”- Pablo Picasso
  23. 23. Built to last“preserve the core (values andpurpose), and stimulate progress(cultural and operating practices,specific goals and strategies)”•Clock building, not time telling•Genius of AND•Core ideology•Preserve the core/ stimulate progress Big Hairy Audacious Goal- BHAG

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