Jim Collins and his team studied 28 companies before writing Good to Great. When I suggest my clients read it, people sometimes point to two of Jim’s Great Companies that aren’t so great anymore – Circuit City and Fannie Mae – and challenge whether the book is still a good choice. My response is that’s exactly the point – they both failed because they lost sight of what made them great.
In an annual planning session with one of my most successful clients, each leader was charged with making a presentation and one of them pulled out the following five points from Good to Great that I feel are worth sharing with everyone:
- “Greatness is not a function of circumstance, it turns out, is largely a matter of conscious choice, and discipline.”
- “A culture of discipline is not a principle of business, it is a principle of greatness”.
- “Good is the enemy of great. And that is one of the key reasons why we have so little that becomes great… Few people attain great lives, in large part because it is just so easy to settle for a good life.”
- “Visionary companies make some of their best moves by experimentation, trial and error, opportunism, and – quite literally – accident. What looks in retrospect like brilliant foresight and preplanning was often the result of ‘Let’s just try a lot of stuff and keep what works’.”
- “Great vision without great people is irrelevant”
One of the reasons I loved being an EOS® Implementer and now a Certified Pinnacle Guide is a quality business system offers the tools that allow you and your company to become GREAT!
The Pinnacle™ system is designed to create a culture of discipline and accountability while being simple, flexible and nimble. It helps make sure you have great people in the organization and continue to develop everyone’s skills for the greater good of the organization.
If you want to be GREAT, contact me.