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Jim Collins – Good to Great Book Review

March 27, 2012 · Book Reviews · ·

Books like Jim Collins’ Excellent To Fantastic come out all the time. Not many of them are as standard as Excellent To Fantastic, but there are many. Using a book review service allows you to harness what the business books teach (outsourcing, delegation and time saving), and it may help you choose whether you should really read the book from cover to cover.

Excellent To Fantastic is an example of a book with concise points that could be better learned using a book summary service.

Jim Collins saw an opportunity in studying large companies that had a long history of “steady”, that then became fantastic successes overnight. Of the companies that qualified, Jim profiles 12 companies that did not only that but stayed successful for the following 15 years. From that he makes the following points:

“Excellent is the enemy of Fantastic”…

…is Jim’s first point. He describes fantastic employees as Level 5 employees and excellent employees as Level 3. All the successful companies had Level 5 employees in place during times of transition, which Jim learned owing to statistics not opinion. It was this Fantastic employee that made all the difference. His devious point is that lousy employees get fired, Level 5 employees take payment and make exchange and the Level 3 guys – the ones that are just excellent – eventually drag down a company’s potential. Make sure you have Level 5 employees.

Brutal Reality

Jim’s Second Point is that fantastic companies have a brutal sense of reality. The managers are able to look at the business objectively, they are able to exchange direction, fire level 3 guys and maintain the progress based in a conscious look at the facts. Fantastic companies understood that people don’t make the business – the right people make the business.

The Small Engine That Could

Fantastic companies didn’t get bogged down with small term results. They kept pressing ahead knowing that every small push in the right direction would lead to the momentum on the other side of the hill. Their focus and their mission remained passionate and people knew which way to keep pushing.

Jim Collins’s book gives business owners some serious things to reckon about. If you’re one of them, take Jim’s lessons and mastermind with your executives. Are you constantly pushing in the right direction, with the right people? And are you ready to make a exchange when reality set in?

If you want to stay abreast of the fantastic lessons in these books, search out a fantastic book summary service.

Or, visit my blog and read about my favorite executive book summary service. http://lettersfromdan.com/2009/06/theres-too-much-to-read-executive-book-summaries/

Daniel R Morris (DanRMorris on Twitter) – Avid Reader, Entrepreneur and Triathlete

Author: Dan R Morris
Article Source: EzineArticles.com
Provided by: Programmable Multi-cooker

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Jim Collins – Good to Great Book Review

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