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In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not the very point of life

James C. Collins

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James C. Collins
Age: 66
Born: 1958
Born: January 25
Author
Businessperson
Journalist
Writer
Boulder
Colorado
Life
Responsibility
Management
Like
Company
Essential
Point
Essentials
Water
Flow
Business
Absolutely
Profits
Become
Truly
Cash
Body
Healthy
Economics
Great
Blood
Profit

More quotes by James C. Collins

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The signature of mediocrity is not an unwillingness to change. The signature of mediocrity is inconsistency.
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If you have a charismatic cause you don't need to be a charismatic leader.
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First figure out your partners, then figure out what ideas to pursue. The most important thing isn't the market you target, the product you develop or the financing, but the founding team.
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Building a visionary company requires one percent vision and 99 percent alignment.
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Don't take care of your career. Take care of your people. They will take care of your career.
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In a world of constant change, the fundamentals are more important than ever.
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The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
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There is a sense of exhilaration that comes from facing head-on the hard truths and saying, We will never give up. We will never capitulate. It might take a long time, but we will find a way to prevail.
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If we allow the celebrity rock-star model of leadership to triumph, we will see the decline of corporations and institutions of all types. The twentieth century was a century of greatness, but we face the very real prospect that the next century will see very few enduring great institutions.
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Discipline should amplify creativity rather than stifle it.
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We are not imprisoned by circumstances, setbacks, mistakes or staggering defeats, we are freed by our choices.
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Mediocrity results first and foremost from management failure, not technological failure.
James C. Collins
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Focusing solely on what you can potentially do better than any other organization is the only path to greatness.
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The signature of mediocrity is chronic inconstancy. The signature of greatness is a disciplined and consistent focus on the right things.
James C. Collins
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The secret to a successful retirement is to find your retirement sweet spot. The sweet spot is where your passions, what you do best, and what people will pay you to do overlap.
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True leadership has people who follow when they have the freedom not to.
James C. Collins
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The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment - you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out. Failure means making a decision to let go, to be less than 100% committed, when confronted by fear, pain and uncertainty.
James C. Collins
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Indeed, the real question is not, Why greatness? but What work makes you feel compelled to try to create greatness? if you have to ask the question, Why should we try to make it great? Isn't success enough? then you're probably int he wrong line of work.
James C. Collins
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We must reject the idea... Well-intentioned, but dead wrong... That the primary path to greatness in the social sectors is to become more like a business. Most businesses... Like most of anything else in life... Fall somewhere between mediocre and good.
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Most people will look back and realize they did not have a great life because it's just so easy to settle for a good life.
James C. Collins