Built to Last: Successful Habits of Visionary Companies
A central myth, according to the authors, is that visionary companies start with a great product and are pushed into the future by charismatic leaders. Usually false, Collins and Porras find. Much more important, and a much more telling line of demarcation between a wild success like 3M and an also-ran like Norton, is flexibility. 3M had no master plan, little structure, and no prima donnas. Instead it had an atmosphere in which bright people were not afraid to "try a lot of stuff and keep what works."
If you listen to this audiocassette on your daily commute, you may discover whether you are headed to a "visionary" place of work--and, if so, whether you are the kind of employee who fits your employer's vision. (Running time: two hours, two cassettes) --Richard Farr
Drawing upon a six-year research project at the Stanford University Graduate School of Business, James C. Collins and Jerry I. Porras took eighteen truly exceptional and long-lasting companies and studied each in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations. Throughout, the authors asked: "What makes the truly exceptional companies different from the comparison companies and what were the common practices these enduringly great companies followed throughout their history?"
Filled with hundreds of specific examples and organized into a coherent framework of practical concepts that can be applied by managers and entrepreneurs at all levels, Built to Last provides a master blueprint for building organizations that will prosper long into the 21st century and beyond.
Have you been postponing your entrepreneurial venture just because you couldn't find a 'niche'? The authors give a variety of examples where some of the great companies didn't start with just one particular idea or product. They tried a number of things before they found their 'magic formula' for success.
I still couldn't completely buy-in to the "Home Grown Management" concept. May be the authors didn't do a good job of convincing me enough.
The style and the tone of this book resembles "Good to Great". If I had to compare this book with "Good to Great", I'm honest that "Good to Great" was very valuable.
If you really wanted to know the strengths of the companies that are "Built to last", you should read this book.
It doesn't matter if you're in business or not, no matter who you are, you'll enjoy getting a fresh perspective that applies to business and our personal lives too. The book slows down towards the end, but overall it's a must read!
This is one of my favorite book!!
Jim Collins is a great, inspiring author wh will engage you the whole way through.
- Good to Great: Why Some Companies Make the Leap... and Others Don't
- Good to Great and the Social Sectors: A Monograph to Accompany Good to Great
- First, Break All the Rules: What the World's Greatest Managers Do Differently
- Execution: The Discipline of Getting Things Done
- The 7 Habits of Highly Effective People