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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
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Boulder
Colorado
Water
Flow
Business
Absolutely
Profits
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Cash
Body
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Economics
Great
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More quotes by James C. Collins
A great company will have many once-in-a-liftetime opportunities.
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Get keep right people.
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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.
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Those fortunate enough to find or create a practical intersection of the three circles have the basis for a great work life.
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In a world of constant change, the fundamentals are more important than ever.
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I am completely Socratic.
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Good-to-great companies set their goals and strategies based on understanding comparison companies set their goals and strategies based on bravado.
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Building a visionary company requires one percent vision and 99 percent alignment.
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The most effective leaders of companies in transition are the quiet, unassuming people whose inner wiring is such that the worst circumstances bring out their best. They're unflappable, they're ready to die if they have to. But you can trust that, when bad things are happening, they will become clearheaded and focused.
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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.
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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.'s all grown from the inside - well, that is one key reason why G.E. is a visionary company.
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Just because a company falls doesn't invalidate what we can learn by studying that company when it was at its historical best.
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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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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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It is more important to know who you are than where you are going, for where you are going will change as the world around you changes.
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Smart people instinctively understand the dangers of entrusting our future to self-serving leaders who use our institutions, whether in the corporate or social sectors, to advance their own interests.
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True leadership has people who follow when they have the freedom not to.
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The essence of profound insight is simplicity.
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Managing your problems can only make you good, whereas building your opportunities is the only way to become great.
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Start a 'Stop Doing' list. I'll leave it as an existential dilemma on whether to put that task on your To Do list
James C. Collins
