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Clock builder not time tellerGenius of the AndPreserve core/stim progConsistent alignmentCh11 core ideology
What I’ve learnt most from “Built to last” is to be a clock-builder not a time-teller.Very inspiring and detailed book, analysing visionary companies as Disney, 3M, Procter & Gamble and etc. What factors have influenced these companies’ existence and growth for many years? It seems that there are some of them that are similar among all visionary companies.My top key takeaways from this book would be: BHAG’s, core ideology for a company, “good enough never is”, stimulate progress, constant experi...
I started to read this book after finishing Good To Great by Jim C Collins and it's really an excellent book that led me to reformulate my own concept about company's core values, purpose. The following chapters Clock Builder, Big Hairy Audacious Goal and Try a lot of stuff are extremely important and it did help me to see the bigger picture of how a company should operate. definitely, it's a must-read the book for any manager, CEO, Entrepreneur who is interested to contribute in building any co...
3.5 rounded up because it made me smile, had some catchy phrases, and was super short. Preserve the core! Stimulate progress!
Great book, detailing the successes of visionary companies and what differentiates them from their competitors. Inspiring, makes me want to implement as many of the suggestions as I can in my own company. I want to read "The Halo Effect", a book a different author that details possible errors in the research done by Collins on this book - balanced viewpoints are important.
This is one of the few business books I read cover to cover. I found its idea of what makes companies great to be an inspiring one. It led me to formulate my own "Big Hairy Audacious Goal," which I've tried to use to guide my company ever since: Changing the world by spreading the knowledge of innovators.
A spiritual epiphany was not what I expected when I took 'Built to Last' on a business trip to read on the plane.I can still remember the moment. I was reading Collins's chapter on the tension between preserving the core while stimulating progress and it struck me..... 'If there's any organization that should be preserving its core values while stimulating progress it's the Church - If there's anyone who should practice this it is Jesus' followers.'That was the end of the book for that trip. I s...
I'm reading this book for a company book club. My company views this work as guide for building and maintaining the company...making sure that it's 'built to last'. Reading Built to Last is also part of my indoctrination into the company culture, which I am told I am a good 'fit' for. It only follows that our book discussions are filled with comparisons of our company and the 'visionary' companies studied. We spend time relating what we read to what we see on a day-to-day basis at work, which ma...
Used to know the author and read this book years ago. But his methodology and assumptions are questionable.Critique from Daniel Kahneman, author of "Thinking, Fast and Slow"https://delanceyplace.com/view-archiv...It's easy to connect the dots backwards, as Steve Jobs once put it. Hindsight does not equal foresight.Luck and timing matter far more than many want to admit. For example, there were several personal computers that were superior to the IBM/MS version, but they were too early, not a mar...
Both James Collins and Jerry Porras have worked for a couple of the visionary companies that they write about and both have taught at Stanford University Graduate School of Business (Porras still does). Collins specializes in management education while Porras specializes in organizational behavior and change. They write and speak extensively in these fields and work as consultants for many successful organizations. The thesis of this book is that visionary enduring companies are not dependent up...
i liked that they focused on companies that have made it long term in this book. it demonstrates that great companies aren't solely built on an idea or market timing; but on great systems, having a vision and mission that is higher than money (for real, not just something you put on a plaque somewhere), and creating a tight, consistent culture...so that it becomes apparent very quickly whether or not someone is a fit. I actually took their advice and spent some time thinking about what my missio...
I may get a lot of flak for this, but this is such an overrated book, I was in awe. After years of hearing this book referenced in a variety of books on business and entrepreneurship, I finally decided to pick it up after hearing that this book is research-based. This book is the epitome of finding data that supports your hypothesis, but the authors tout it as simply writing about their findings. I’m sure I’m scrutinizing this book a tad more than the average reader, but nobody who takes researc...
Update: I flipped through this a few days ago and realized this book is only slightly better than "Who Moved My Cheese," and other business-related books. I read this years ago, and today it's the only "business book" that has stayed on my shelves here at home after I finished my 30 years in corporate America. There are some good articles about successful companies vs. failed companies, and if I ever start a company, there are some admirable ones here with which to study.
The single most important point to take away from this book is the critical importance of creating tangible mechanisms aligned to preserve the core and stimulate progress. This is the essence of clock building. 5 specific methods to do preserve the core and stimulate progress: *BHAGs: Commitment to challenging, audacious - and often risky - goals and projects toward which a visionary company channels its efforts (stimulates progress) *Cult-like Cultures: Great places to work only for those who
jim collins cherry picked some companies that he thinks successfull and compare them to 'failed' rival company in the same industry to find out what characteristics that successful company has that the rival company doesn'tSounds good, but the problem is, he didn't compare the opposite. What those characteristics of successful company which other failed company also has but they still failed.For example, Big Hairy Audicious goal. I'm pretty sure that a lot of company around the world also has bu...
Visionary companies are premier institutions - the crown jewels - in their industries, widely admired by their peers and having a long track record of making a significant impact on the world around them. The key point is that a visionary company is an organization - an institution. All individual leaders, no matter how charismatic or visionary, eventually die; and all visionary products and services - all "great ideas" - eventually become obsolete. Indeed, entire markets can become obsolete and...
This is the BEST book I read in June 2021. If you are a business owner or a leader within an organization, you MUST read this book. If you want to build a visionary organization, this is the book for you. The book will completely change the way you think about the culture, structure, and many other important components of your business. Flow: 5/5Actionability: 5/5Mindset: 5/5Some of My Highlights:"There are many ways to measure the success of a book, but for us the quality of our readership stan...
One of the most valuable books I've read on how to build a company that will change the world. The book is loaded with research, hard evidence to support the claims and with great stories. Collins really nailed it with this one, the content debunks a lot of the myths established by business schools, general public and media. I strongly urge you to read this book, even if you aren't planning to start a company. It will teach you many great lessons which will help you to achieve more success in li...
Corporate blah blah blah blah.I struggled to get through it, but it wasn't the most painful business book ever. I just can't stand the earnestness. Business books that read like they just found the map to the holy grail irk me. Cop to having a great deal of luck and admit your outlook may be totally wrong, but it's the best you could schlep together with what you know, and I'll get on board. If you fully buy into your own BS, I'm not going to enjoy your work.
Pretty good but dated, and some of the words of wisdom failed in some of the cases. Enjoyed the discussion of the visionary plan of Freddie Mac to change the mortgage industry to benefit more people starting in 1992. The noted that these changes might out live the secondary mortgage industry... probably happened not the way they planned.