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Good to Great: Why some Companies Make the Leap ... and Others Don't, by Jim Collins.    This phenomenal book should be required reading for any executive team running a large corporation as well as anyone who wants to steer a good small business toward true excellence.  After first reviewing the universe of Fortune 500 companies, Collins and his research team found only 11 companies that qualified for good-to-greatness according to their stringent standard: tripling the performance of the S&P 500 over at least 15 years after a sustained period of average (or worse) performance.  The researchers systematically compiled and analyzed a massive amount of information about these companies, culled from publicly available sources and personal interviews, and compared their data to that from similar firms that never made the good-to-great leap or made the leap but could not sustain greatness.  After five years of exhaustive research, the team distilled the qualities and behaviors that enabled companies that were simply "good" to become objectively "great."  The common characteristics that they discovered--all of which were noticeably absent from the comparison companies--will enlighten and possibly surprise many readers.  I can confidently say that this book contains a wealth of information that I will personally use as a business and management framework in the years ahead.

ISBN: 0066620996
Format: Hardcover, 320pp
Pub. Date: October 2001
Publisher: HarperCollins Publishers

 

 

 

 

 

 

"...Mr. Collins delivers two seductive messages: that great management is attainable by mere mortals and that its practitioners can build great institutions."

Wall Street Journal