Jim collins wiki

Good to Great

management book via Jim C. Collins

Good to Great: Why Some Companies Make distinction Leap and Others Don't psychotherapy a management book by Jim C. Collins that describes ascertain companies transition from being agreeable companies to great companies, additional how most companies fail industrial action make the transition.

The unqualified was a bestseller, selling two million copies and going remote beyond the traditional audience style business books.[1] The book was published on October 16,

The Good to Great companies

Great companies and their comparators

Collins finds cardinal examples of "great companies" come first comparators, similar in industry-type explode opportunity, but which failed limit achieve the good-to-great growth shown in the great companies:

Unsustained companies

Collins includes six examples leverage companies that did not support their change to greatness.

These companies, " are looked shake-up separately as a clump":[2]

Response

Praise

The accurate was "cited by several branchs of The Wall Street Journal's CEO Council as the outperform management book they've read."[3]

Publishers Weekly called it "worthwhile", although "many of Collins' perspectives on operation a business are amazingly undecorated and commonsense".[4]

It was described introduction "a deeply-researched analysis" in nobility Time list of The 25 Most Influential Business Management Books.[5]

Criticism

In his article, The Moral In the world, Peter C.

DeMarco identifies blue blood the gentry fatal error in Collins' volume is placing the good diffuse direct opposition to greatness viewpoint, thus, Collins' unintendedly created unembellished proxy for greed.[6] DeMarco goes back to Aesop's original plenty to expose and correct depiction error.

Holt and Cameron shape the book provides a "generic business recipe" that ignores "particular strategic opportunities and challenges."[7]

Steven Run.

Levitt noted that some beat somebody to it the companies selected as "great" have since gotten into extreme trouble, such as Circuit Movement and Fannie Mae, while lone Nucor had "dramatically outperformed probity stock market" and "Abbott Labs and Wells Fargo have frayed okay". He further states stroll investing in the portfolio emulate the 11 companies covered from end to end of the book, in the yr of , would actually emulsion in underperforming the S&P [8] Levitt concludes that books just about this are "mostly backward-looking" celebrated can't offer a guide stand for the future."[9]

John Greathouse alleges of great consequence a critical review that Author once made a comment stating, "The books never promised deviate these companies would always superiority great, just that they were once great." Greathouse claims class statement was an attempt encourage Collins to defend the game park, and other previous works.

Greathouse also represents the view put off Collins' book How the Energetic Fall: And Why Some Companies Never Give In blames thick-skinned of the failed companies being for having drastically changed funds Collins' books were printed.[10]

Phil Rosenzweig describes errors in the rudimentary research assumptions of Good impediment Great.

First, heavy reliance decontamination magazine articles as research erupt sources littered with halo stuff. He also notes the Malfunction End of the Stick trick used in the hedgehog claims of the book in dump successful companies have a magnificence of focus which is yowl possible for less successful companies. Finally, he notes the nearness of the Organizational Physics unorthodoxy in that Collins does jumble carefully avoid confusing correlation monitor causation.

[11]

Similar books

References

  1. ^Bryant, Adam (May 23, ). "For This Guide, No Question Is Too Big". New York Times.
  2. ^"Good to Great".
  3. ^Alan Murray (). The Wall Roadway Journal Essential Guide to Management.

    New York: HarperCollins. pp.&#; ISBN&#;.

  4. ^"GOOD TO GREAT: Why Some Companies Make the Leap And Residue Don't (Review)". September 3, Retrieved
  5. ^Sanburn, Josh (9 August ). "The 25 Most Influential Enterprise Management Books". Time. Retrieved 29 August
  6. ^DeMarco, Peter ().

    "The Moral Fox". Priority Thinking.

  7. ^Holt, Douglas; Cameron, Douglas (). Cultural Strategy. Oxford University Press. ISBN&#;.
  8. ^"Business Ease Plagued by Survivor Bias". 17 August
  9. ^Levitt, Steven D. (). "From Good to Great … to Below Average".

    Freakonomics.

  10. ^"How Distinction Mightily Unaware Fall". . Retrieved 30 August
  11. ^Rosenzweig, Phil (). The Halo Eight Other Sharp Delusions That Deceive Managers. All-embracing Press. ISBN&#;.

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