Insight certainty 4/5 debate potential 3/5

Collins: Great organizations begin with brutal facts, not a vision

Jim Collins · #67 Jim Collins: Keeping the Flywheel in Motion · Oct 1, 2019 · at 30:53

Business author Jim Collins reflects on core findings from his research for the book 'Good to Great'.

0:00 / 0:21exact quote · 21.5s
720p mp4 · rendered on demand · StarZero watermark
“One of the key things we learned in Good to Great was this notion of you don't start with a vision. You start with confronting the brutal facts. And this ability, this very stoic ability to just simply say, let's begin with the very best accounting of the brutal facts that we can, that enhances your ability to see more clearly.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Jim Collins

Assertion Not checkable as stated
Collins: Pioneering innovators rarely win; scaling the right innovations matters
“There's very little evidence that the pioneering innovators win. And what we found instead is that it's not being innovative that matters. It's the ability to scale the right innovations.”
Jim Collins Oct 1, 2019 ▶ 1:41:33 #67 Jim Collins: Keeping the Flywheel in Motion
Insight
Collins: History shows zero correlation between consensus and smart decisions
“Another big thing we learned is, near as I can tell, there is no correlation between consensus decisions and intelligent decisions. In the history of corporate history, most great decisions are taken where there's still substantial disagreement still in the ai…”
Jim Collins May 4, 2021 ▶ 40:56 #110 Jim Collins: Relationships vs. Transactions
Insight
Collins: Holding a traditional corporate job is a high-risk, undiversified bet
“What's a job? It's all your eggs in one basket. You basically have made a highly undiversified portfolio bet. Oh, and by the way, you have very little control over it. You're exposed to, if it turns out that the people running the company are idiots, or they m…”
Jim Collins May 4, 2021 ▶ 44:21 #110 Jim Collins: Relationships vs. Transactions
Insight
Collins: The most successful companies alter only 20% of their operating recipe
“One set of companies changes the recipe about 80% over, say, 30 years, and the other changes the recipe about 20%. Which group is the more successful companies? The 20% change. Which surprised us. We thought that what you would find is that the companies that …”
Jim Collins May 4, 2021 ▶ 53:15 #110 Jim Collins: Relationships vs. Transactions
Insight
Collins: The split between entrepreneurs and company builders is a myth
“They, that myth that there's an entrepreneur and there's a company builder and they're different animals is simply wrong. It's the, it's a simply a matter of choice and do you decide to become that?”
Jim Collins Oct 1, 2019 ▶ 12:40 #67 Jim Collins: Keeping the Flywheel in Motion
Insight
Collins: Enduring companies did not have better data than failed peers
“The answer is we can find no evidence that they had that, or that they even necessarily had better analysis. So then you have to step back and say, well, it's not necessarily that they have better information. It's not necessarily that they had better data. It…”
Jim Collins Oct 1, 2019 ▶ 33:48 #67 Jim Collins: Keeping the Flywheel in Motion
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.