Built to Last: Successful Habits of Visionary Companies
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What We're Saying
Steven Levitt on his Freakonomics blog takes a shot at Good To Great and the recent performance of GTG standouts Fannie Mae, Circuit City, and Wells Fargo. A purchase of either Fannie Mae or Circuit City at the time of the book's publication would have netted you an 80% loss in your investment today. Not so good. READ FULL DESCRIPTION
In 1994, Jim Collins co-authored the landmark title Built to Last followed by Good to Great in 2001. This month's special edition of Fortune magazine features a piece by Collins. A technology pundit told Collins that, "'We live in an era when nothing can be built to last. READ FULL DESCRIPTION
Jurgen Appelo at Noop. nl has created and algorithm that takes the number of Amazon reviews, average Amazon ranking, and number of hits on Google to create the Top 100 Best Books for Managers, Leaders & Humans. In talking about some of the analysis Appelo says: The book with the largest number of Amazon reviews is Freakonomics (#53, by Steven D. READ FULL DESCRIPTION
A growing wave of critics is taking shots at Jim Collins and his book, Good to Great, questioning the research and Collins' oft-followed path for corporate success. The arguments against Collins are nicely summarized in a Boston Globe article written by Drake Bennett titled "Luck Inc. " Jim Collins is quoted, pushing back on some of the counterclaims to his contribution to "business-success literature. READ FULL DESCRIPTION
Drawing upon a six-year research project at the Stanford University Graduate School of Business, James C. Collins and Jerry I. Porras took eighteen truly exceptional and long-lasting companies and studied each in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations. Throughout, the authors asked: "What makes the truly exceptional companies different from the comparison companies and what were the common practices these enduringly great companies followed throughout their history?"
Filled with hundreds of specific examples and organized into a coherent framework of practical concepts that can be applied by managers and entrepreneurs at all levels, Built to Last provides a master blueprint for building organizations that will prosper long into the 21st century and beyond.