Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All

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Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All by Jim Collins.pdf

Uploaded : 2018/06/21 

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Descriptions : p b The New Question b br Ten years after the worldwide best seller i Good to Great i 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 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 b The New Study b br 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 researchers Collins and Hansen studied companies that rose to greatness beating their industry indexes by a minimum of times over years in environments characterized by big forces and rapid shifts that leaders could not predict or control The research team then contrasted these X companies to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environments b The New Findings b br The study results were full of provocative surprises Such as ul li The best leaders were not more risk taking more visionary and more creative than the comparisons they were more disciplined more empirical and more paranoid li li Innovation by itself turns out not to be the trump card in a chaotic and uncertain world more important is the ability to scale innovation to blend creativity with discipline li li Following the belief that leading in a fast world always requires fast decisions and fast action is a good way to get killed li li The great companies changed less in reaction to a radically changing world than the comparison companies li ul The authors challenge conventional wisdom with thought provoking sticky and supremely practical concepts They include Xers the Mile March Fire Bullets then Cannonballs Leading above the Death Line Zoom Out Then Zoom In and the SMaC Recipe Finally in the last chapter Collins and Hansen present their most provocative and original analysis defining quantifying and studying the role of luck The great companies and the leaders who built them were not luckier than the comparisons but they did get a higher Return on Luck This book is classic Collins contrarian data driven and uplifting He and Hansen show convincingly that even in a chaotic and uncertain world greatness happens by choice not by chance

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