A review of "Good to Great: Why Some Companies Make the Leap and Others Don't" by Jim Collins.
Written in 2008; 1,104 words; 6 sources; APA; $ 38.95
Paper Summary:
The paper discusses Jim Collins' belief that many of our schools, business and other entities are satisfied with being good and are unwilling to push on to greatness. The paper looks at Jim Collins' "Good to Great: Why Some Companies Make the Leap and Others Don't" where he tries to analyze what makes some companies more successful than others. The paper discusses Collins' findings and relates that this book has been praised by business, non-profit and religious leaders alike, but leaves unanswered certain questions.
From the Paper:
"For this study, Collins and his team of analysts undertook a five year study in which they determined which Fortune 500 companies have outperformed the market and their industrial sector over such a long period of time that the impact of luck, timing, or a single charismatic leader could largely be factored out as keys to success. Collins and company then analyzed each of these companies to learn what made them continually so successful. Notably, their selection criteria were highly selective: eleven companies of almost 1,500 possible choices met their criteria. (Collins, 2001, pp. 2-16)"
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