Good to Great - Management According to Collins

Management According to collins November 3, 2008 In his book, Good to Great, Jim Collins gives a tiny comparison between companies that are fit to excel continually in their field and companies that are either mediocre or champion hit wonders. Through their research his team was able to find distinct characteristics having to do with leadership, planning or purpose, human beings and technological resources, and discipline that differentiate the great businesses from the ordinary ones. whatever of the main ideas that Collins focuses on are the Level 5 leader, the Hedgehog Concept and the Culture of Discipline, which all fit together to transform a simply good business into one that has long lasting cumulative returns much higher than that of the commercialise (8). These ideas are what form Collins model of management establish on their application to planning, organizing, leadership and control, of which many have connector with the theories of previous authors such as Deming, Anderson, and Stack.

Like some of these authors, Collins model is based on a change, however his transformation is not based on a fast performing catalyst, instead it focuses on finding the right product, understanding it, and so(prenominal) building momentum around it that will eventually arrest the company to the top. Once a company becomes great, Collins describes how received aspects of the company must remain the same, specifically the discipline towards the think focus of the company, while others, such as strategy and operating(a) practices must adapt to changes (197). The method that Jim Collins and his team of researches employ was based on first finding the right companies and then recording not only what they observed but as well as documents and articles written on the company both externally and internally. thus far they did not stop there and simply write a book on how these companies did business; they instead found companies inwardly the same industry with the same resources and... If you want to get a full essay, order it on our website: Orderessay

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