Built to last by jim collins

One of the most valuable books I've read on how to build a company that will change the world. The core values of visionary companies stayed intact but they still adapt to change in time. Mar 23, Kevin O'Brien rated it really liked it Shelves: They sought to be clock builders, not time tellers.

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I liked this book very much and especially how the title of the book is derived.

Built to Last: Successful Habits of Visionary Companies - Wikipedia

Buiot has also worked with social sector organizations, such as: WikiSummaries, free book summaries. Yet insiders can also be change agents, building on the core values while moving the company in exciting new directions.

The world they seek to describe is so complex, so tumultuous, often so random as to defy predictability and even rationality. Although Collins says that goal should be something that takes decades, Ducey chose a shorter-term one in August ofwhen there were just 74 Cold Stone stores. And we put on the CD.

Meanwhile, Kahneman in Thinking, Fast and Slow [8] criticizes Collins' overstatement of the importance of good practices relative to sheer luck explaining the low performance of companies as a typical regression to the mean:.

The text outlines the results of a six-year research project into what makes enduringly great companies. Collins has written his own summary on his website, which is handy. I realized that what i love about my role has nothing to do with the industry or any product you can only get so passionate about insurancebut that I get to take something very complex and expensive and make it approachable to people.

I started to read this book after finishing Good To Great by Jim C Collins and it's really an excellent book that led me to reformulate my own concept about company's core values, purpose.

Goodreads helps you keep track of books you want to read. The authors ask readers to embrace both extremes and to figure out a way to have both choices. Porras and Collins describe BHAGs as nearly impossible, but possible with confidence and a bit of arrogance on behalf of the company.

Why Some Companies Make the Leap. We chose the word ideology because we found an almost religious fervor in the visionary companies as they grew up that we did not see to the same degree in the comparison companies. The company is also passionate about getting the nuts and bolts consistently right.

Built to Last

It will teach you many great lessons which will help you to achieve more success in li One of the most valuable books I've read on how to build a company that will change the world.

I'm glad it's over. However, it recalls my deeply-interred belief. If they had conducted the CEO survey at a different time, they very well could have had different companies.

Built to Last: Successful Habits of Visionary Companies

It is worth reading for just that information alone. The thesis of this book is that visionary enduring companies are not dependent upo Both James Collins and Jerry Porras have worked for a couple of the visionary companies that they write about and both have co,lins at Stanford University Graduate School of Business Porras still does.

Principles and processes more important than leaders and personalities. This requires setting even more Big Hairy Audacious Buult, experimenting with new ways of doing things, and examining whether or not you've changed with the times.

And much of their success seems to resonate with ideas presented in BTL. To be built to last, you have to be built for change! But the core colliins of this book is still relevant, that you need to stick to your core values but be willing to change everything else. Then they tried to distill the essential principles that made them visionary and set them apart from other, simply average companies.

Tightness of fit — Employees who do not believe in the same ideology should switch positions or be fired altogether. Jan 12, TarasProkopyuk rated it it was amazing Shelves: What are some possible hypotheses for why certain institutions thrive and never regress to the mean, and why do some never make it out of incubation? Design This design student grew crops from his own body hair and fluids Co. It was a good exercise. However I feel there are broad patterns we can see in successful organizations - having core values that remain constant throughout its life, gunning for big hairy audacious goals to keep people inspired, inspiring a cult like loyalty among the employees of the company, grooming leaders from inside, evolutionary growth by trying out lot of things and continuous focus on improvement.

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