Good to Great by Jim Collins- An Insightful Exploration of the Path to Greatness

Good to Great is a benchmark business book written by Jim Collins and published in 2001. This book explores the path of the good company to greatness featuring the transformation of good companies to those that have achieved financial success.

Main Topics

• The hedgehog concept
• The flywheel concept
• Level 5 Leadership
• The stockdale paradox
• Culture of Discipline
• Technology Accelerators
• The “Who”

This immensely popular book offers insight on how great companies manage for the long term, how the function and how these succeed in the business world. The book offers an in-depth look at why some companies make the leap to become better than their competitors.

Who should read this book?

Good to Great is an excellent book for entrepreneurs, managers, executives, and businesses looking to move into the next stage of growth. It provides insight into the top criteria for becoming great, as well as some key methods of achieving success.

Pros and Cons of the book

• Pros:

  • It offers an in-depth look at why some companies make the leap to become better than their competitors
  • It provides insight into the top criteria for becoming great
  • It provides useful and practical tips to help businesses reach their full potential

• Cons:

  • The book is often too simplistic in its approach to problem solving
  • The concepts are not always applicable to small businesses

Final Opinion of the Book

Good to Great is an essential read for any company attempting to become great. It provides an insightful look into some of the methods and criteria required to reach the next level. By following the advice given by Jim Collins, businesses will have no trouble in fulfilling their vision and reaching their full potential.

Rating of the book

Good to Great earns 4 stars out of 5.

Price of the book

The paperback version of Good to Great is available on Amazon for around $20.

Author experience and other books written by Author

Jim Collins is a student of business, leadership and management. He has published seven books which focus on excellence and the correlation between success and greatness. He has worked with the faculty at Stanford University, where he is a lecturer, and is currently a senior faculty member at the Stanford Graduate School of Business. Other books by him include:

• Built to Last: Successful Habits of Visionary Companies
• How the Mighty Fall: And Why Some Companies Never Give In
• Great by Choice: Uncertainty, Chaos, and Luck- Why Some Thrive Despite Them All.