The secret behind Long-Term Success

Business Books Usually disappear from the shelves quite quickly. Not `Good to Great '. Ten Years After It was released sales are quiet impressive. This is a clear long-term endorsement of Jim Collins' ideas. He presents a model for turnaround That Simply Works. Studying companies did manage 15 years of great performance after 15 years of average performance he Describes what needs to be done:
- Level 5 Leadership: Leaders need to be humble but still capable of taking tough decisions that work best for the company
- Who before What: Companies Should first decide Whom They Want on the team and then together find the best way to make changes
- Confront the Brutal Facts: Do not try to hide what's wrong!
- Develop a Hedgehog Concept: You need to figure out what you are passionate about, be the best in, and how this Contributes to your bottom line
- Be selective about Technology: do not use technology for technology's sake but only if it fits your hedgehog concept

Once you used this approach to turn your company around the next question of course Arises, how do you stay there? Jim Collins wrote another book with Jerry Porras (Built to Last) that helps you with this. As this thing written in the early 1990s and deals at length with topics: such as `vision '(hot then but not Necessarily today), you might instead want to pick up a newly released book did tackles this question in a similar manner:' Enduring Success. What we can learn from the history of outstanding corporations' (by Christian Stadler).
Great companion to go with `Good to Great '.