Great by Choice: Uncertainty, Chaos, and Luck--Why Some Thrive Despite Them All

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Harper Collins, Oct 11, 2011 - Business & Economics - 320 pages
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Ten years after the worldwide bestseller Good to Great, Jim Collins returns withanother groundbreaking work, this time to ask: why do some companies thrive inuncertainty, even chaos, and others do not? Based on nine years of research,buttressed by rigorous analysis and infused with engaging stories, Collins andhis colleague Morten Hansen enumerate the principles for building a truly greatenterprise in unpredictable, tumultuous and fast-moving times. This book isclassic Collins: contrarian, data-driven and uplifting.
 

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User Review  - brubart - Overstock.com

The fact that I could only order a maximum of 3 copies has caused me to use other sources of which I will go to first BEFORE even thinking about using Overstock again.When did that change I like to give books as gifts and you make it so inconvenient now that I wont buy from you now. Read full review

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Jim Collins is the Drucker of the last few decades, helping to create not only models that work to help create and sustain excellence as an organisation, but also shared language among business leaders that accelerates the ability to work effectively together. "Great by choice" ads to this common concept vocabulary with memorable and effective concepts such as the "20 mile march" and "10xers" (companies that consistently delivered 10x their peers' performance while being in the same industry and seeing the same opportunities).
In this world of constant change and uncertainty, Collins and Hansen show how 10Xers both accept that they are not in control, yet refuse to accept that this means that their success is a product of chance.
Based on Collins' research, 10Xers focus triad of core behaviours: fanatic discipline, empirical creativity and productive paranoia. Each one of these is explained in detail in the book, and there are many other great strategies covered.
If you are curious as to why do some companies thrive in uncertainty and chaos, and more importantly, how can your organisation do so too, get this business leadership #mustread.
 

Contents

10xers 13
39
Fire Bullets then Cannonballs
69
Leading above the Death Line
99
SMaC
125
return on Luck
149
Great by Choice
181
Research Foundations
199
Notes
255
Index
295
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About the author (2011)

Jim Collins is author or coauthor of six books that have sold in total more than ten million copies worldwide, including the bestsellers Good to Great, Built to Last, and How the Mighty Fall. Jim began his research and teaching career on the faculty at Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. He now operates a management laboratory in Boulder, Colorado, where he conducts research, teaches, and consults with executives from the corporate and social sectors.

Morten T. Hansen is a management professor at the University of California, Berkeley (School of Information), and at INSEAD. Formerly a professor at Harvard Business School, Morten holds a PhD from Stanford Graduate School of Business, where he was a Fulbright scholar. He is the author of Collaboration and the winner of the Administrative Science Quarterly Award for exceptional contributions to the field of organization studies. Previously a manager with the Boston Consulting Group, Morten consults and gives talks for companies worldwide.

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