Tag Archive | "Jim Collins"

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Great by Choice by Jim Collins available in South Africa from 1 November 2011

Posted on 12 October 2011 by Phillipa Mitchell

Ten years after the worldwide bestseller Good to Great, Jim Collins returns with another ground breaking work, this time to ask: Why do some companies thrive in uncertainty, even chaos, and others do not?

In Great by Choice - based on nine years of research, buttressed by rigorous analysis and infused with engaging stories – Collins and his colleague, Morten Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times.

No mere sequel, Great by Choice distinguishes itself from Collins’s prior work by its focus not just on performance, but also on the type of unstable environments faced by leaders today. With a team of more than twenty researchers, Collins and Hansen studied companies that rose to greatness – beating their industry indexes by a minimum of ten times over fifteen years – in environments characterised by big forces and rapid shifts that leaders could not predict or control.

The research team then contrasted these “10X companies” to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environments.

This book is classic Collins: contrarian, data-driven and uplifting. Collins said of the new book: “I’m proud that we didn’t rush to do a Good to Great follow-on, but instead undertook fundamental research on a new question. This work, more than any of my prior projects, has changed the way I think and even how I lead my own life. It also has some of the stickiest concepts and most engaging stories, and I’m excited to finally share them.”

About the Authors:

Jim Collins is author or co-author of six books, including the bestsellers Good to Great, Built to Last, and How the Mighty Fall, which have sold more than 10 million copies worldwide. Jim began his research and teaching career on the faculty at Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. He now operates a management laboratory in Boulder, Colorado, where he conducts research, teaches, and consults with executives from the corporate and social sectors.

Morten T. Hansen is a management professor at the University of California, Berkeley, (School of Information) and at INSEAD. Formerly a professor at Harvard Business School, Morten holds a PhD from Stanford Graduate School of Business, where he was a Fulbright scholar.

He is the author of Collaboration and the winner of the Administrative Science Quarterly Award for exceptional contributions to the field of organisation studies. Previously a manager with the Boston Consulting Group, Morten consults and gives talks for companies worldwide.

Click here to order your copy from Red Pepper Books today for only R355.50…

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How the Mighty Fall, and Why Some Companies Never Give In, by Jim Collins

Posted on 13 July 2009 by Phillipa Mitchell

How the Mighty Fall by Jim Collins, the bestselling author of “Good to Great” is now available!

Decline can be avoided. Decline can be detected. Decline can be reversed.

Amidst the desolate landscape of fallen great companies, Jim Collins began to wonder: How do the mighty fall? Can decline be detected early and avoided? How far can a company fall before the path toward doom becomes inevitable and unshakable? How can companies reverse course? In “How the Mighty Fall”, Collins confronts these questions, offering leaders the well-founded hope that they can learn how to stave off decline and, if they find themselves falling, reverse their course. Collins’ research project – more than four years in duration – uncovered five step-wise stages of decline:

Stage 1: Hubris Born of Success;
Stage 2: Undisciplined Pursuit of More;
Stage 3: Denial of Risk and Peril; S
tage 4: Grasping for Salvation; and,
Stage 5: Capitulation to Irrelevance or Death. By understanding these stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom.

Great companies can stumble, badly, and recover. Every institution, no matter how great, is vulnerable to decline. There is no law of nature that the most powerful will inevitably remain at the top.

Anyone can fall and most eventually do. But, as Collins’ research emphasizes, some companies do indeed recover – in some cases, coming back even stronger – even after having crashed into the depths of Stage 4. Decline, it turns out, is largely self-inflicted, and the path to recovery lies largely within our own hands.

We are not imprisoned by our circumstances, our history, or even our staggering defeats along the way. As long as we never get entirely knocked out of the game, hope always remains. The mighty can fall, but they can often rise again.

To order this book, or for more information, click here…

How the Mighty Fall- Click here

Also available as an audio book

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