Groundbreaking research into the development of America's most enduring and successful corporations that shatters myths, provides new insights and gives practical guidance for companies that would like to follow in their footsteps.
Jim Collins and Jerry Porras, faculty at Stanford's Graduate School of Business, have discovered what makes visionary companies -- ones that beat their competitors decade after decade, withstand the vagaries of the marketplace, make a significant impact on the world and have outperformed the stock market by 15 times since 1926. They conclude that a visionary company is not contingent on one brilliant CEO, but on elements that transcend any individual leader. Companies such as 3M, Walt Disney, Motorola, Merck and General Electric share lasting characteristics that distinguish them from less visionary companies, such as: preserving a fixed core ideology, yet having the ability to adapt; going beyond culture to embrace "cultism"; creating what the authors call BHAGs (big, hairy, audacious goals); mimicking the biological evolution of the species; and having a strong sense of purpose beyond making money.
Collins is a management educator. He operates a management learning laboratory dedicated to conducting new research and working with executives.
Jerry I. Porras is the Lane Professor of Organizational Behavior and Change, Emeritus, at the Stanford University Graduate School of Business where he served as an Associate Dean for Academic Affairs and frequent executive education teacher. He studies ways of aligning companies around their purpose and core values to produce lasting high performance.
THINKER IN RESIDENCE: Rich Karlgaard & Michael S. Malone on Business and Books
Posted July 16, 2015, 10:00 AM with category of Leadership & Management
In which we learn what questions the authors still have about business and what books have influenced them.
THINKER IN RESIDENCE: Kevin Ashton on Business and Books
Posted January 22, 2015, 8:00 AM with category of Innovation & Creativity
Kevin Ashton, author of How to Fly a Horse, talks about the books that inspired him, and the authors he loves.
NEWS: Internet Algorithm Arrives at Top 100 Business Books
Posted August 31, 2009, 5:59 PM with category of General Business
Jurgen Appelo at Noop. nl has created and algorithm that takes the number of Amazon reviews, average Amazon ranking, and number of hits on Google to create the Top 100 Best Books for Managers, Leaders & Humans. In talking about some of the analysis Appelo says:
The book with the largest number of Amazon reviews is Freakonomics (#53, by Steven D.
NEWS: The Might and Myth of Good To Great
Posted April 24, 2009, 2:39 PM with category of General Business
A growing wave of critics is taking shots at Jim Collins and his book, Good to Great, questioning the research and Collins' oft-followed path for corporate success. The arguments against Collins are nicely summarized in a Boston Globe article written by Drake Bennett titled "Luck Inc. " Jim Collins is quoted, pushing back on some of the counterclaims to his contribution to "business-success literature.
NEWS: Freakonomics' Levitt Questioning Good To Great
Posted July 30, 2008, 6:48 PM with category of General Business
Steven Levitt on his Freakonomics blog takes a shot at Good To Great and the recent performance of GTG standouts Fannie Mae, Circuit City, and Wells Fargo. A purchase of either Fannie Mae or Circuit City at the time of the book's publication would have netted you an 80% loss in your investment today. Not so good.