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    Good To Great by Jim Collins

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    Akash Sahu
    The document summarizes Jim Collins' book "Good to Great". It first describes how Collins selected 11 companies from the Fortune 500 that sustained great performance over time. It then lists the companies studied and outlines Collins' four-stage framework for going from good to great, including having a Level 5 Executive who focuses first on the organization, confronting brutal facts to develop a Hedgehog Concept, building a culture of discipline like a flywheel, and stimulating progress rather than just watching the clock.

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    Good To Great by Jim Collins

    Uploaded by

    Akash Sahu
    815 views11 pages
    The document summarizes Jim Collins' book "Good to Great". It first describes how Collins selected 11 companies from the Fortune 500 that sustained great performance over time. It then lists the companies studied and outlines Collins' four-stage framework for going from good to great, including having a Level 5 Executive who focuses first on the organization, confronting brutal facts to develop a Hedgehog Concept, building a culture of discipline like a flywheel, and stimulating progress rather than just watching the clock.

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    Book Review

    Original Title

    Good to Great by Jim Collins

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    The document summarizes Jim Collins' book "Good to Great". It first describes how Collins selected 11 companies from the Fortune 500 that sustained great performance over time. It then lists the companies studied and outlines Collins' four-stage framework for going from good to great, including having a Level 5 Executive who focuses first on the organization, confronting brutal facts to develop a Hedgehog Concept, building a culture of discipline like a flywheel, and stimulating progress rather than just watching the clock.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    815 views11 pages

    Good To Great by Jim Collins

    Uploaded by

    Akash Sahu
    The document summarizes Jim Collins' book "Good to Great". It first describes how Collins selected 11 companies from the Fortune 500 that sustained great performance over time. It then lists the companies studied and outlines Collins' four-stage framework for going from good to great, including having a Level 5 Executive who focuses first on the organization, confronting brutal facts to develop a Hedgehog Concept, building a culture of discipline like a flywheel, and stimulating progress rather than just watching the clock.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    GOOD TO GREAT BY JIM COLLINS

    SELECTION CRITERIA
    • 1,435 COMPANIES SELECTED FROM FORTUNE
    500 LIST 1996
    • AFTER THE LEAP A COMPANY HAD TO
    GENERATE CUMULATIVE STOCK RETURNS
    THAT EXCEEDED GENERAL STOCK MARKET BY
    15 TIMES
    • 11 COMPANIES FINALLY SHORTLISTED
    COMPANIES COVERED IN STUDY
    • NUCOR CORP.(STEEL)
    • PHILIP MORRIS COS. INC.(MARLBORO)
    • WALLGREENS(DRUG STORE)
    • WELLS FARGO(BANKING)
    • KIMBERLY-CLARK CORP.(HUGGIES)
    • ABBOT LABORATORIES(MEDICINE)
    • KROGER CO.(GROCERY)
    • PITNEY BOWES INC(MAILING SYSTEMS)
    • CIRCUIT CITY( CONSUMER ELECTRONICS)
    • FANNIE MAE( MORTGAGE FINANCING)
    • GILLETE CO.(RAZOR BLADES)
    GOOD TO GREAT FRAMEWORK
    • STAGE 1 – LEVEL 5 LEADERSHIP, FIRST WHO
    THEN WHAT
    • STAGE 2 – CONFRONT THE BRUTAL FACTS, THE
    HEDGEHOG CONCEPT
    • STAGE 3 – CULTURE OF DISCIPLINE, THE
    FLYWHEEL
    • STAGE 4 – CLOCK BUILDING NOT TIME
    TELLING, STIMULATE PROGRESS
    LEVEL 5 EXECUTIVE
    • BUILDS ENDURING GREATNESS THROUGH A
    PARADOXICAL BLEND OF PERSONAL HUMILITY
    AND PERSONAL WILL
    • HUMILITY
    • ORGANIZATION FIRST
    HEDGEHOG CONCEPT
    • WHAT YOU ARE DEEPLY PASSIONATE ABOUT?
    • WHAT YOU CAN BE THE BEST IN THE WORLD
    AT?
    • WHAT BEST DRIVES YOUR ECONOMIC
    ENGINE?
    PICTURE THE EGG FROM CHICKEN’S
    POINT OF VIEW

    • MOMENT OF BREAKTHROUGH WAS SIMPLY


    ONE MORE STEP IN A LONG CHAIN OF STEPS
    • HARDLY THE RADICAL TRANSFORMATION
    THAT IT LOOKED FROM THE OUTSIDE
    THANK YOU

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