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Author: Jason Shen
Publisher: Hyperink Inc
ISBN: 1614645426
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
ABOUT THE BOOK I just finished reading Jim Collins' new book. "Great by Choice: Uncertainty Chaos and Luck -- Why Some Thrive Despite Them All" (often GBC from here on out) describes the results of a deep investigation into how young companies can survive and thrive in chaotic, turbulent environments to achieve spectacular results. The book is of great value to startups and entrepreneurs seeking to build enduringly great companies. In this ebook, I look at how his concepts of fanatical discipline, productive paranoia, and empirical creativity apply to building a startup that succeeds over the long-term. To Note: I think that if you're trying to found-n-flip a business, most of these lessons do not apply. Rather, they're specifically for founders/leaders who want to be a long-lasting business success. Additionally, I don't want readers to come away with the idea that these are the only ways to become an enduring success. However, we have more evidence to suggest that these ways will work compared to many other approaches. MEET THE AUTHOR Jason Shen is the co-founder of Ridejoy - a Y Combinator-funded community marketplace for ridesharing. His blog, "The Art of Ass-Kicking," has been featured by Lifehacker and ReadWriteWeb. Jason studied Biology and Philosophy at Stanford where he led the men's gymnastics team to an NCAA national championship. Ridejoy is a company where friendly and talented people can do their best work and make the world a better place. EXCERPT FROM THE BOOK Luck: the dirty word in all success, business, and self-improvement literature. Perhaps some people and companies just get lucky, and our ability to draw useful lessons and conclusions from their success is just not possible. But Collins and his team anticipated the curiosity, at any rate, and devoted an entire chapter to luck. GBC applied a consistent methodology to both pairs of companies to analyze how luck played a role in their outcomes. About 230 luck events were categorized and studied, each meeting all three criteria of being unpredictable, independent of the actions of key players, and having significant good or bad implications for the business. Examples of luck events include Amgen isolating the gene for EPO, which it likened to finding a sugar cube in a lake a mile wide/long/deep, or the New England Journal of Medicine publishing a paper that challenged the effectiveness of one of Genentech's major drug products. What they found: Neither 10x-ers or comparison companies had substantially more good luck or bad luck events, nor did one giant piece of good luck carry a 10x company through all its success. Luck exists, but it tends to even out the playing field. What matters is Return on Luck, or how you take advantage of good luck and avoid choking. Buy a copy to keep reading! CHAPTER OUTLINE Quicklet On Jim Collins' Great By Choice: The Surprising Lessons Of How Tech Startups Succeed Over The Long Term + Introduction + About the Book + A Closer Look: Summary, Analysis, and Important Lessons + Fire Bullets Then Cannonballs: Another Look At Launching MVPs + ...and much more
Author: Jason Shen
Publisher: Hyperink Inc
ISBN: 1614645426
Category : Business & Economics
Languages : en
Pages : 31
Get Book
Book Description
ABOUT THE BOOK I just finished reading Jim Collins' new book. "Great by Choice: Uncertainty Chaos and Luck -- Why Some Thrive Despite Them All" (often GBC from here on out) describes the results of a deep investigation into how young companies can survive and thrive in chaotic, turbulent environments to achieve spectacular results. The book is of great value to startups and entrepreneurs seeking to build enduringly great companies. In this ebook, I look at how his concepts of fanatical discipline, productive paranoia, and empirical creativity apply to building a startup that succeeds over the long-term. To Note: I think that if you're trying to found-n-flip a business, most of these lessons do not apply. Rather, they're specifically for founders/leaders who want to be a long-lasting business success. Additionally, I don't want readers to come away with the idea that these are the only ways to become an enduring success. However, we have more evidence to suggest that these ways will work compared to many other approaches. MEET THE AUTHOR Jason Shen is the co-founder of Ridejoy - a Y Combinator-funded community marketplace for ridesharing. His blog, "The Art of Ass-Kicking," has been featured by Lifehacker and ReadWriteWeb. Jason studied Biology and Philosophy at Stanford where he led the men's gymnastics team to an NCAA national championship. Ridejoy is a company where friendly and talented people can do their best work and make the world a better place. EXCERPT FROM THE BOOK Luck: the dirty word in all success, business, and self-improvement literature. Perhaps some people and companies just get lucky, and our ability to draw useful lessons and conclusions from their success is just not possible. But Collins and his team anticipated the curiosity, at any rate, and devoted an entire chapter to luck. GBC applied a consistent methodology to both pairs of companies to analyze how luck played a role in their outcomes. About 230 luck events were categorized and studied, each meeting all three criteria of being unpredictable, independent of the actions of key players, and having significant good or bad implications for the business. Examples of luck events include Amgen isolating the gene for EPO, which it likened to finding a sugar cube in a lake a mile wide/long/deep, or the New England Journal of Medicine publishing a paper that challenged the effectiveness of one of Genentech's major drug products. What they found: Neither 10x-ers or comparison companies had substantially more good luck or bad luck events, nor did one giant piece of good luck carry a 10x company through all its success. Luck exists, but it tends to even out the playing field. What matters is Return on Luck, or how you take advantage of good luck and avoid choking. Buy a copy to keep reading! CHAPTER OUTLINE Quicklet On Jim Collins' Great By Choice: The Surprising Lessons Of How Tech Startups Succeed Over The Long Term + Introduction + About the Book + A Closer Look: Summary, Analysis, and Important Lessons + Fire Bullets Then Cannonballs: Another Look At Launching MVPs + ...and much more
Author: Jim Collins
Publisher: Harper Collins
ISBN: 0062121006
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
Ten years after the worldwide bestseller Good to Great, Jim Collins returns withanother groundbreaking work, this time to ask: why do some companies thrive inuncertainty, even chaos, and others do not? Based on nine years of research,buttressed by rigorous analysis and infused with engaging stories, Collins andhis colleague Morten Hansen enumerate the principles for building a truly greatenterprise in unpredictable, tumultuous and fast-moving times. This book isclassic Collins: contrarian, data-driven and uplifting.
Author: Joseph Taglieri
Publisher: Hyperink Inc
ISBN: 1614641005
Category : Study Aids
Languages : en
Pages : 30
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Book Description
Quicklets: Your Reading Sidekick! ABOUT THE BOOK When an individual or group entity reaches the pinnacle of success, the inevitable concern is where do we go from here? This zenith of success could be in the financial realm, or in the realm of public perception. Yet, when answering the concern where do we go from here the answer is almost always down, down, down. Jim Collins How the Mighty Fall is a valiant attempt to codify an intellectual grasp on recognizing, then mitigating the warning signs. In more advanced cases, this means addressing the later stages of decline toward salvaging social standing and profitability. Though the books subtitle, And Why Some Companies Never Give In, indicates an emphasis or relevance for companies in the private sector. The authors concepts are geared toward business entities, and governments at all levels. These institutions can draw useful, relevant insights toward maximizing their own effectiveness and efficiency. The first chapter clearly sheds important light on thisafter all, a symposium at West Point provided the inspiration for what would become the How the Mighty Fall project. This resulted in a published work that would eventually be distributed by the well-recognized publisher HarperCollins. MEET THE AUTHOR Joe Taglieri is a professional journalist and musician (drum set and Latin percussion instruments) in Los Angeles. He has written on a range of subjects for a variety of publications since the 1990s. Taglieri's forte is writing about governmental and economic issues, and he has a keen interest in sports and the arts, most notably music, television and film. He holds a degree in print journalism from the University of Southern California and has studied, taught and performed via the drum set for nearly 25 years and has done the same with Latin percussion instruments such as conga and bongo drums, cajon and timbales for more than 15 years. EXCERPT FROM THE BOOK This litany of symptoms of a sick mega-firm is a vehicle for Collins adage: Clearly, the solution to decline lies not in the simple bromide Change or Die; Bank of America changed a lot, and nearly killed itself in the process. We need a nuanced understanding of how decline happens... (How the Mighty Fall) Through the rest of the book, Collins specifically identifies and analyzes five stages of decline that organizations go through before total collapse such as bankruptcy. As has been the case in recent years, many seemingly indestructible corporationsAIG, Fannie Mae and Freddy Mac, General Motors, Circuit City, just to name a fewhave collapsed and caused major havoc in the markets and among an assortment of societal segments. The five stages of decline, according to How the Mighty Fall, are... Buy a copy to keep reading! CHAPTER OUTLINE Quicklet on Jim Collins’ How the Mighty Fall + Introduction + About the Author + Overall Summary + Important People + ...and much more
Author: Jim Collins
Publisher:
ISBN: 9781984153814
Category :
Languages : en
Pages : 26
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Book Description
In this Summary Jim Collins and his team of researchers used strict benchmarks to identify a group of eleven elite companies that made the leap from good to great and sustained that greatness for at least fifteen years. To Busy to read the whole book ? Then this Summary is for U!
Author: Everest Media,
Publisher: Everest Media LLC
ISBN: 1669393380
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 We cannot predict the future, but we can create it. We can be astonished, confounded, shocked, stunned, delighted, or terrified, but rarely prescient. None of us can predict with certainty the twists and turns our lives will take. #2 The 10X study looked at high-performing cases that did not just get by or become successful, but truly thrived. Every 10X case beat its industry index by at least 10 times. If you invested $10,000 in a portfolio of the 10X companies at the end of 1972, your investment would have grown to be worth more than $6 million by the end of our study era in 2002. #3 We selected on performance plus environment for two reasons. First, we wanted to understand the factors that distinguish great organizations, those that prevail against extreme odds. Second, by looking at the best companies and their leaders in extreme environments, we gained insights that would otherwise remain hidden when studying leaders in more tranquil settings. #4 We spent years studying the 10x companies, and in this introductory chapter, we preview some of the surprises we encountered along the way. We learned about the individual people who led these companies, and how they led and built their companies differently from their less successful comparisons.
Author: Jim Collins
Publisher: Harper Collins
ISBN: 0062119206
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
The Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck. The Comparisons The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't. The Findings The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include: Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness. The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence. A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology. The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap. “Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.” Perhaps, but who can afford to ignore these findings?
Author: Jim Collins
Publisher: HarperBusiness
ISBN: 9780062933799
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
A companion guidebook to the number-one bestselling Good to Great, focused on implementation of the flywheel concept, one of Jim Collins’ most memorable ideas that has been used across industries and the social sectors, and with startups. The key to business success is not a single innovation or one plan. It is the act of turning the flywheel, slowly gaining momentum and eventually reaching a breakthrough. Building upon the flywheel concept introduced in his groundbreaking classic Good to Great, Jim Collins teaches readers how to create their own flywheel, how to accelerate the flywheel’s momentum, and how to stay on the flywheel in shifting markets and during times of turbulence. Combining research from his Good to Great labs and case studies from organizations like Amazon, Vanguard, and the Cleveland Clinic which have turned their flywheels with outstanding results, Collins demonstrates that successful organizations can disrupt the world around them—and reach unprecedented success—by employing the flywheel concept.
Author: Jim Collins
Publisher: HarperBusiness
ISBN: 9780066620992
Category : Business & Economics
Languages : en
Pages : 334
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Book Description
The Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck. The Comparisons The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't. The Findings The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include: Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness. The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence. A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology. The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap. “Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.” Perhaps, but who can afford to ignore these findings?
Author: Peg Robinson
Publisher: Hyperink Inc
ISBN: 1614647836
Category : Study Aids
Languages : en
Pages : 68
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Book Description
ABOUT THE BOOK “Out there’s the Maze,’” Newt whispered, eyes wide as if in a trance. “Everything we do—our whole life, Greenie—revolves around the Maze. Every lovin’ second of every lovin’ day we spend in honor of the Maze, tryin’ to solve somethin’ that’s not shown us it has a bloody solution, ya know? And we want to show ya why it’s not to be messed with. Show ya why them buggin’ wals close shut every night. Show ya why you should never, never find your butt out there.” “All is an illusion” is the core message emanating from James Dashner’s novel, The Maze Runner, which hitches a young adult (YA) science-fiction fantasy plot to a premise reminiscent of The Prisoner or an old Twilight Zone episode. Children trapped in a manipulative experiment, with their memories of their past lives wiped clean, struggle to escape to a seemingly elusive freedom. The Maze Runner series is violent, dark, and edgy, with a similar allure to that of The Hunger Games. According to IMDb, in their article on The Maze Runner, a movie based on the novel is in development, and is scheduled for release in 2013. MEET THE AUTHOR Peg Robinson holds a BA in Religious Studies from the University of California at Santa Barbara, and has partially completed an MA/PhD in Mythological Studies from Pacifica Graduate Institute. She holds a certificate in copy editing from Media Bistro.Her publishing career started in 1998, on winning a place in Simon and Schuster's Star Trek: Strange New Worlds competition. Her novelette "Tonino and the Incubus" qualified for the 2007 Nebula Awards. She has worked as a content provider, copy writer, informational writer, copy editor, and developmental editor. EXCERPT FROM THE BOOK Thomas, a boy of about sixteen, arrives in a mysterious compound in the middle of a Maze. He’s without any memories of his prior life, without friends or family. He meets the residents of the Maze—other teenaged boys who, like him, have found themselves in this unexplained place, pitted against deadly foes and struggling to find escape from their prison. Thomas finds himself wishing to become one of the Maze Runners for whom the story is named: the best, fastest, bravest, strongest, and most resourceful of the boys. Maze Runners go out daily to explore the maze, trying to learn its secrets and find a way out. His goals are challenged, though, by rivals within the compound known as the Glade, and by the dangers and difficulties of the world itself.
Author: Chip Heath
Publisher: Random House
ISBN: 144813594X
Category : Business & Economics
Languages : en
Pages : 58
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Book Description
From Chip and Dan Heath, the bestselling authors of Switch and Made to Stick, comes The Myth of the Garage ... and other minor surprises, a collection of the authors' best columns for Fast Company magazine. There are 16 pieces in all, plus a previously unpublished piece entitled 'The Future Fails Again'. In Myth, the Heath brothers tackle some of the most (and least) important issues in the modern business world: - Why you should never buy another mutual fund ('The Horror of Mutual Funds') - Why your gut may be more ethical than your brain ('In Defense of Feelings') - How to communicate with numbers in a way that changes decisions ('The Gripping Statistic') - Why the 'Next Big Thing' often isn't ('The Future Fails Again') - Why you may someday pay $300 for a pair of socks ('The Inevitability of $300 Socks') - And 12 others . . . Punchy, entertaining, and full of unexpected insights, the collection is the perfect companion for a short flight (or a long meeting).
