Review: Good to Great Essay

1031 WordsFeb 6, 20135 Pages
Running head: Good to Great Book Review | In partial fulfillment for the requirement for DEPARTMENT OF EDUCATIONAL LEADERSHIP AND COUNSELING BY TIFFANY TURNER-BANKS 11/12/2011 Jim Collins and his research team have done a wonderful job identifying what it takes for a company to go from good to great. I found this book extremely interesting and would like to share several of my thoughts. The study looks at companies that appeared on the Fortune 500 from the years of 1965 to 1995, looking for those that, for 15 years, either tracked or underperformed the stock market, followed by a transition, and subsequently returning at least 3 times the stock market for at least 15 years. The eleven companies included in the…show more content…
Rather they demonstrated personal humility and professional will revealing an aggressive resolve to do what was best for the company, he or she plays an important role in the success of their organization through talent, knowledge, skills, and good work habits. The lower levels included effective leader, competent manager, contributing team member, and highly capable individual. The traits of Level 5 leaders include, building “enduring greatness” into their organizations, setting their successors up for success, talking about the company and others, but declining to discuss themselves, ordinary people producing extraordinary results, most likely to come from within the company, not outside of it, quick to give credit outside themselves when there was success, while at the same time taking personal responsibility when things went badly and distinctive in their approach to the people they wanted in the company. Most companies would think the first step in becoming a great would be to create a vision and a strategy, but this has not been proven true. The first step a company should take is determining who the right employees are, and which position in the company is right for them. In chapter three is states” If executives get the right people on the bus, the right people in the right seats and the wrong people off the bus, then we’ll figure out how to take it someplace great.” Level 5 leaders wanted top players as well top effort.
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