Book Report of Good to Great by Jim Collins
By Jim Collins
Can you identify one company that had changed from being good to being great around you? Jim Collins, the author of Good to Great, is a student and teacher of enduring great companies. In order to make this book, Mr. Collins started his research with 1,435 good companies. Then, he examined their performance over 40 years, to later on, find the 11 companies that became great.
The purpose of this book is to make us see that nearly all-operating prescriptions for creating large-scale corporate change are nothing but myths and that changes do not happen from one day to another by a miracle, the change from good to great is the result of a successful plan who …show more content…
This term refers to the type of leader that is part of a company that went from good to great. This type of leader takes credit for bad performance and also gives credit to others when things go well. The ambition of this type of leader is to build a great company. The level 1 is highly capable individual, level 2 is contributing team member, level 3 is competent manager, level 4 is effective leader and level 5 is executive.
Mr. Collins not only teaches us the Level 5 Leadership explained above, he also shows us through this book that for us to move from good to great requires a little understanding of three circles or questions to which he named "Hedgehog Concept ". This makes us wonder: who really excites us, that one may be the best in the world and moving the machine of our economy. This concept we can apply it not only in our personal lives, also in our business life. If we can answer these three questions, the answers will guide our decisions and we can achieve success with this.
A very important idea mentioned in the book is to have a culture of discipline. We must create a culture of individuals acting in a disciplined manner within the Hedgehog Concept. Collins mentioned that one of the secrets to pass from good to great is largely in the discipline to do whatever it takes to become the best in the area in which the business specializes.
The goal of this book was to answer the question of how good companies can become great companies, what