I recently began to read the book Good to Great by Jim Collins and wanted to share some fascinating info with you…The following tidbits should get your mind going:

 

• Larger-than-life, celebrity leaders who ride in from the outside are negatively correlated with taking a company from good to great.  Ten out of eleven good-to-great CEOs came from inside the company

 

• They found no systematic pattern linking specific forms of executive compensation to the process of going from good to great

 

• Strategy per se did not separate the good-to-great companies from the comparison companies

 

• Technology and technology-driven change has virtually nothing to do with igniting a transformation from good to great.  Technology can accelerate a transformation

 

• Mergers and acquisitions play virtually no role in igniting a transformation from good to great; two big mediocrities joined together never make one great company

 

• The good-to-great companies had no name, tag line, launch event or program to signify their transformations

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