Book Report of Good to Great by Jim Collins Essay example

Good to Great: Why Some Companies Make the Leap... and Others Dont By Jim Collins Can you identify one company that had changed from being good to being great around you? Jim Collins, the author of Good to Great, is a student and teacher of enduring great companies. In order to make this book, Mr. Collins started his research with 1,435 good companies. Then, he examined their performance over 40 years, to later on, find the 11 companies that became great. The purpose of this book is to make us see that nearly all-operating prescriptions for creating large-scale corporate change are nothing but myths and that changes do not happen from one day to another by a miracle, the change from good to great is the result of a successful plan who†¦show more content†¦In this example he describes that in order to fulfill the bus you fist need to get the right people in, and then you get the wrong people off the bus, then you need to position the right people in the right seats, and last you need to figure out where you want to drive that bus. He relates this with an organization because a company needs to focus to whom they are paying, not how. His suggestion is to analyze a person’s characteristic, work ethic, intelligence, and dedication before deeply analyzing practical skills. Collins believe that companies focus too much on what to do and his recommendation is for companies to concentrate on what to do, what not do, and what to stop doing. â€Å"No matter how dramatic the end result, the good-to-great transformations never happened in one fell swoop. There was no defining action, no grand program, no one killer innovation, no solitary lucky break†¦ Good to great comes about by a cumulative process†¦that adds up to sustained and spectacular results†; this was a quote he said in this wonderful book, a quote that says the reality of businesses nowadays, a quote that for us defined in short words the name of this book and the research Collins made. Collins illustrates a persuasive profile of what it takes to be the leader of not a good but a great organization in the modern day. He also demonstrates the development of successful organizations as a consequence of ethical behavior rather than despiteShow MoreRelatedWhat Key Aspects Set Apart Successful Companies?1275 Words   |  6 Pages1. Collins, Jim (2001). Good to Great. Ney York, NY. Harper Business Good To Great is Jim Collins’ most famous book. In this book Collins and his research team analyze and compare numerous corporations in an attempt to identify what key aspects set apart successful companies. He developed five aspects of organizational success and I will be making references to those points. 2. Collins, Jim (2011). Great by Choice. Ney York, NY. Harper Business Great By Choice is another of Jim Collins’ books. ThisRead MoreEssay about Wells Fargo Financial Analysis1348 Words   |  6 Pagessurprise, a huge chunk of their thick annual report for 2002 was an honest listing of all the threatening factors that stand in the company?s way rather than its exceptional rankings in its sector. In this paper, we will focus specifically on Wells Fargo?s leadership, company culture, SWOT analysis, and financial performance analysis. We will try to link our findings to Jim Collins?s book as a way to prove that the company has really made the jump from good to great. Charismatic Leadership The CEO DickRead MoreGSCM588 Major Paper Outline Carlton654 Words   |  3 Pagesother organizations compete to be like or to try to immolate to lead in their particular industry. Macy’s Inc. has great leadership and brings about great talent within its organization. Macy’s Inc. formed a great strong partnership to form the powerhouse of today. Sometimes doing business solo will eventually wipe organizations out; even if the business has great customer service, great quality and a low retention. Macy’s Inc. is pretty much consistent with quality and customer service but we allRead MoreThe Critical Leadership Problem2313 Words   |  10 Pagesfunction and we do that by influence. Leadership is the process of influencing people. This is a fundamental concept found in ADP 6-22 and ADRP 6-22. While influence might be the essence of leadership, it is not the starting point. The unit Call Report indicated that there was a potential problem within the culture of the organization. The ability to communicate appropriately is an essential component for effective leadership. Inappropriate use of communication was one of the 56th HBCT’s majorRead MoreGenerating High Revenue in an Organization3084 Words   |  12 Pagestypes of motivation and how it works with each skill level of people. The videos and statements by Daniel Pink, Professor Jim Collins and Kathy Schofield taken in this context give an in-depth insight into the importance motivation and self motivating environment. 2. Analysis of the videos and the statements †¢ Drive –Daniel Pink Daniel Pink is the author of five popular books which focus on the changing workplace. In Dan Pink’s video about the drive he critically analyses the traditional thinkingRead MoreLeadership Manifesto3431 Words   |  14 Pages13 REFERENCES 14 ------------------------------------------------- INTRODUCTION According to a number of different sources a manifesto can be defined as a statement that publicly declares the intentions, views and motives of the issuer. This report is a personal manifesto that outlines my thoughts on the topic of leadership. The topic of leadership has been debated over endlessly this year. We have discussed what the difference is between transactional and transformational leadership, theRead MoreQuality Improvement, Patient Safety, And Cost Containment1820 Words   |  8 Pages(KPMG Healthcare Pharmaceutical Institute, 2011). The purpose of the paper is to discuss a HCO’s transformation challenge, its subsystem within a larger system, its culture and climate, its leadership style, its assessment based on Collin’s Good to Great, and its readiness for change in today’s complex environment. Challenges of Transformation The current healthcare system is no long a simple unit where a physician could singly make management decisions for the majority of the patients. DifferentRead MoreProject Management : Organizations Overcome Common Problems And Challenges Of Managing It Projects1770 Words   |  8 Pagesproject management is able to help large organisations overcome common problems and challenges of managing IT projects. Introduction Project management has become a means of remaining competitive and deliver results consistently for businesses, a report carried out by the Economist Intelligence Unit mentioned roughly eighty percent of global executives believed having project management as a core competency helped them remain competitive during recession period (Gale, 2009, p.2). Organisations haveRead MoreEssay on Why the Death Penalty Should Be Terminated3070 Words   |  13 Pagesstatistics and expert opinions on all three of the aforementioned grounds it can be clearly shown that the death penalty should be abolished once and for all.   Ã‚  Ã‚  Ã‚   The cost benefit analysis is an all-important aspect of the pragmatic argument. Be it good or ill, modern society is preoccupied with money and many people may support a system on the grounds that it is simply more cost efficient than an offered alternative. It has been the commonly held belief of many that costs for a lengthy prison termRead MoreA Transformational and Servant Leader: Mother Teresa of Calcutta3634 Words   |  15 Pagesamong them†. She treated it as a direct order from God saying that â€Å"to fail would have been to break her faith†. She began her missionary work in 1948 by venturing out into the slums and tending to the needs of the impoverished and starving. Her good works gained the attention of many quickly and even the Prime Minister at the time came to her to express his appreciation. When Mother Teresa first began her venture she was having a difficult time adjusting. She was herself very poor and had to

Winstons Free Essays

Winston Lavendier October 13th, 2010 Advertisement essay This essay is on an advertisement for Nolan’s Cheddar Cheese â€Å"seriously strong†. This video had won the two thousand ten best television advertisement award. Basically this video is a mouse coming out of its mouse hole to encounter a rat trap with the Nolan’s Cheddar Cheese on it. We will write a custom essay sample on Winstons or any similar topic only for you Order Now So the mouse starts to eat the cheese, and after being about halfway done with the cheese, the rat climbs on top of the rat trap like it is on top of the world and the rat trap snaps. Then the video pans and it seems like the rat is going to die but all of a sudden the mouse starts to bench press the rat trap bar then the screen fades away and it says Nolan’s Cheddar Cheese â€Å"seriously strong†. What my point is in this essay is that two things that sell products and make good commercials is sex and funny. If you have one or more of these in your commercials then it will turn out good. But now a days most commercials sell on sex. Because if they deceive the viewer into to thinking they can get some then they will win them over and buy their product. This commercial that I am writing about is not about sex. But it does deceive the viewer like any other good commercial. By showing the viewer that if you eat Nolan’s Cheddar Cheese then you will be incredibly strong. And get your self out of death by using the muscle you just gained from eating Nolan’s Cheddar Cheese. With the way all of these television commercials have been going lately they all advertise about sex from deodorant to shampoo to alcohol to any kind of product. Bottom line is that they all try and do one thing and one thing only. That is to device the viewer into buying their products. What I like about this commercial is that it does not have anything to do with sex in it but yet it can still sell a product and win the two thousand ten best television advertisement award and yet get the job done of deceiving the viewer. How to cite Winstons, Papers