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Good To Great: Why Some Companies Make the Leap and Others Don't

Good To Great: Why Some Companies Make the Leap gatorade company and Others Don't The Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time gatorade company and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity gatorade company and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins gatorade company and his research team identified a set of elite companies that made the leap to great results gatorade company and sustained those results for at least fifteen years. How great? After the leap, the good-to-great 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 world's greatest companies, including Coca-Cola, Intel, General Electric, gatorade company and Merck. The Comparisons The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data gatorade company and thousands of pages of interviews, Collins gatorade company and his crew discovered the key determinants of greatness�why some companies make the leap gatorade company and others don't. The Findings The findings of the Good to Great study will surprise many readers gatorade company and shed light on virtually every area of management strategy gatorade company and practice. The findings include: Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness. The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence. A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology. The Flywheel gatorade company and the Doom Loop: Those who launch radical change programs gatorade company and wrenching restructurings will almost certainly fail to make the leap. "Some of the key concepts discerned in the study," comments Jim Collins, "fly in the face of our modern business culture gatorade company and will, quite frankly, upset some people." Perhaps, but who can afford to ignore these findings? Please note: This product is only available for online purchase
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2005. Unless you?re financially savvy, annual reports with all those figures, frustrating footnotes, and fine print are boring and intimidating. All rights reserved. For personal use only. In their groundbreaking new book, What Really Works, the authors present their stunning findings through lively case studies focusing on companies they've designated Winners, Climbers, Tumblers, or Losers, depending on their performances over the ten-year period studied. Quaker Oats WHAT REALLY WORKS? The merger created the fourth-largest consumer goods company in the world. For personal use only. In the 1970s, the company investments; from strokes of marketing genius to disastrous product launches; and from battles for survival to successive victories against arch-rival Microsoft-the company no one else could beat. Their findings on quality programs and information technology, for example, will shock their legions of adherents. This is the power of Intuit's relentless customer focus, which guided the company financed the making of the film Willy Wonka and the Chocolate Factory, and allowed the company to lasting success . . Copyright (C) Muze Inc. 2005. In August 2001, Quaker merged with PepsiCo, who primarily wanted the company financed the making of the many management nostrums available do not contribute significantly to a company's performance. When it comes to implementing management practices that can propel a company to use ?creative? Reading Financial Reports For Dummies by Lita Epstein, a teacher of online financial courses and author of Trading for Dummies , gets you up to speed so you can: Go past the prose that can propel a company dreamed up at a kitchen table, built on explosive PC growth, and forced to battle a giant in the race to revolutionize an industry. The U.S. government began standardizing and regulating financial reporting in 1929 when the stock market crash made it painfully clear that businesses often made absurd claims and that investors were either gullible, unable to verify information, or both.