When i first read the book, i thought jim collins beautifully presented his case studies, and i was quite taken by all. 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 worlds greatest companies, including cocacola, intel, general electric, and merck. All concepts summarised in this presentation belong to the author of the book. It may help accelerate it but is not the cause of it. Good to great is about how to turn a good organization into one that produces sustained great results. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the conquest of how to make good. Why some companies make the leapand others dont talks about what makes crucial difference between companies that do good and companies that do great business. Peppered with dozens of stories and examples from the great and not so great, the book offers a wellreasoned road map to excellence that any organization would do well to consider. Good to great by jim collins is a book that has been sitting on my bookshelf for awhile now. What differentiates good companies from great companies. Get 50% off this audiobook at the audiobooksnow online audio book store and download or stream it right to your computer, smartphone or tablet. Here are some of the learnings i will be taking away from this book. Good to great by jim collins book summary oberlo blog.
Jim collins, iii is an american business consultant, author, and lecturer on the subject of company sustainability and growth. Use this book report and you understand what you want read the book good to great by jim collins. Collins team of researchers used extremely selective and careful criteria to pick. Somewhere in your first paragraph, you should also state the books title and the authors name. To go from a good company to a great company you need disciplined people, disciplined thought, and disciplined action. The findings of the good to great study will surprise many readers and shed light on virtually every area of management study and practice.
This book is a must read before implementing the next big change or improvement program in your business, or hiring the next keyperson. From good to great to built to last the author of good to great, james c. And please dont leave shmoop to check out youtubeunless you want to. Being the best means there is absolutely no room for mediocre. Rigorously supported by evidence, his findings are surprising at times even. Good to great the key point executive summary book. Good to great by jim collins quickie book summary ebook. Good to great studies companies which made a transition to greatness. After a fiveyear research project, jim collins concludes that good to great can and does happen. For this exact reason, this is my third summary of the day. Fannie mae, praised as one of the banks to go good to great, has fallen into the trash heap since 2008 and has never recovered. Collins that describes how companies transition from being good companies to great companies, and how most companies fail to make the transition.
Good to great is a macro analysis of differentiating factors identified in companies that made the goodtogreat leap defined as a period of fifteenyear cumulative stock returns at or below the general stock market, punctuated by a transition. As the recipe book for hoisting yourself to an initial stage of greatness, good to great is actually the prequel, collins says. From the author of built to last, good to great outlines a model for turning a good, average or even mediocre company into a great one. Good to great pdf book summary by jim collins paul minors. As with all matters of the heart, youll know when you find it. Before good to great, collins wrote the celebrated built to last, about visionary, iconic companies that have stood the test of time. Goodtogreat companies focus on what not to do and what they should stop doing. In the book, collins seeks to identify and evaluate the mitigating factors and variables that can aid or hinder an average organization from leveraging its potentials and transcend to greatness. All good to great gtg companies had a level 5 leader level 5 leaders consistently exhibit humility, modesty and an ability to reign in their ego. Finding case studies to answer this question is no easy task and the research team set about it by finding companies that performed at the industry average for 15 years, then outperformed. These steps will help you identify and incorporate those important elements in a process that takes three to four days. A book report should contain the basic elements, but a good book report will address a specific question or point of view and back up this topic with specific examples, in the form of symbols and themes. Please be aware that this discussion guide may contain spoilers.
Magic kingdom dining tips touring plans disney world. Even 14 years after its release, this is still the best vehicle to get managers, especially senior managers, to open their minds, get out of the box, face the brutal facts and challenge themselves to take their own companies to a higher. In good to great, renowned author jim collins examines the fundamentals behind the few companies that make the leap to greatness, and the many that fail to do so. Key words strategy, level 5 leadership, culture of discipline, the hedgehog concept, corporate culture, packards law, the stockdale paradox summary this book is considered as one of the most important management books of the 1990s and has been in the best seller list ever since then. Most students have to write a book report at some time, and your choice of book can be the difference between an interesting and enjoyable assignment and one that takes forever and. Jim collins is coauthor of built to last, a national bestseller for over five years with a million copies in print.
Below is a synposis of the main lessons i learned from the book. There is a difference between longterm mediocrity and longterm superiority. Good to great by jim collins cliff notes max hodgen. Circuit city, another good to great, doesnt even exist anymore, at least by name and as a bricknmortar store. Writing a book report helps you practice giving your opinion about different aspects of a book, such as. Good to great is an excellent book, filled with fascinating insights for the business leader, or anyone striving to make their organization great.
The book was a bestseller, selling four million copies and going far beyond the traditional audience of business books. In this book, he uncovers the underlying variables that enable any type of organisation to make the leap from good to great while other organisations remain only good. 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. By bringing together disciplined people, using disciplined thought and disciplined action companies can build up and break through the barriers that hold. Through extensive research and analysis, jim collins identified a number. The key takeaways from good to great a chapterbychapter summary. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. In the concluding chapter of good to great, collins makes a connection between this book and his previous work, built to last, which represented the findings of a sixyear study into the factors that determined whether a new company would survive in the longterm. This is how the author sets off a riveting journey explaining the findings from his and his teams half a decade of research in the. A student of enduring great companies, he serves as a teacher to leaders throughout the corporate and social sectors. Jim collins says companies that go from goodtogreat always figure out their very own hedgehog concept a strategy they can keep. Many companies are drawn towards outgoing egocentric leaders and this is.
This work is licensed under a creative commons attributionshare alike 3. He has a sharp knife and he uses it to kill the mother, the father, and the older sister who live there. Writing a book report book reports can take on many different forms. Many people and companies settle for good because its easier. The pretext of this book is how do you take a good company and make it great. Good to great there is a difference between a good company and a great company. Supersummary, a modern alternative to sparknotes and cliffsnotes, offers highquality study guides that feature detailed chapter summaries and analysis of major themes, characters, quotes, and essay topics. Technology has nothing to do with the transformation from good to great. A book report on good to great by jim collins book report by gary tomlinson preface. Good is the enemy of great theme of the book discovering what made good companies great. It takes the game to a different dimension if not level. Jim collins previously coauthored built to last, which studied common attributes of enduringly great companies.
You should try to write a strong introductory paragraph that grabs your readers attention. Good to great why some companies make the leap and others dont book by jim collins slides by ryan battles collins, james c. After searching all over for a book written more recently that works as well as good to great, i gave up. Book report good to great gary e tomlinsons website. Good to great by jim collins cliff notes max hodgen chapter 1.
Like built to last, good to great is one of those books that managers and ceos will be reading and rereading for years to come. This onepage guide includes a plot summary and brief analysis of good to great by jim collin. Mergers and acquisitions do not cause a transformation from good to great. The reason why most companies never become great is because they limit themselves to just being good. The search a six month long financial analysis looking for companies that showed the following basic pattern. Can a company make the transition from good to great. Therere not striving to be the best in the industry. There the author continues and explains that even though initially there is nothing wrong with good, but later that good can and often does, prevent us. The amount of research and analysis that has gone into this book is mindboggling. In an ironic twist, i now see good to great not as a sequel to built to last, but more of a prequel. The great gatsby is a very important and famous book which tells its story through many pages, all of which i enjoyed reading very much. As i said, im trying to make this website the best book summary website in the world. A great gatsby book report by a kid who only saw the movie. Three types of effective book reports are plot summaries, character analyses, and theme analyses.
Built to last is about how you take a company with great results and turn it into an enduring great company of iconic stature. Lessons on eggs, flywheels, hedgehogs, buses, and other essentials of business that can help you transform your company. The book includes a useful model which brings all the theory together in a meaningful and memorable way. And the only way to do great work is to love what you do. The summary in the answer by yi can give you the salient points. I have to catch up on a few days i missed, and publishing one summary per day is my hedgehog concept right now. A summary for the great book good to great by jim collines. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. Is comfortable working on multiple projects simultaneously has an online portfolio or digital samples of their work has great attention to detail can come up with creativeoutside the box design ideas can produce quality work in a fast pace environment is available to. How to choose a good book for a report middle school.
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