article thumbnail

Leadership Change Is Not Free

Lead Change Blog

Our markets and competitive situations never hold still. To do this successfully, training, frequent communication, compensation incentives, and more elements may be required. Jim Collins , author of Built to Last , notes only 71 companies on the original 1955 Fortune 500 list were still there when the book was written.

article thumbnail

Layoffs Rarely Pay Off: Here are 15 Alternatives

The Practical Leader

Only about a third of downsizing companies increased productivity and profits in the next 3 to 5 years, and underperformed in stock markets. Jim Collins’ Good to Great research determined, “half of the companies we were studying didn’t do it (layoffs) once. percent reduction in costs.

Collins 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developing Future Leaders – It’s Imperative Not to Wait!

Great Leadership By Dan

In his book, Built to Last , Jim Collins describes the very successful succession planning process that GE’s CEO, Reginald Jones, took to find a new CEO. Challenges for Mid-Market Companies. At the same time, many mid-market companies often wait until it is too late to successfully identify and develop their next CEO.

article thumbnail

The Best Leadership Books of 2021

Leading Blog

The Power of Pressure : Why Pressure Isn't the Problem, It's the Solution by Dane Jensen (Collins, 2021) What’s the most pressure you’ve ever been under? Yet it can be shattered in an instant, with a devastating impact on a company’s market cap and reputation. Blog Post ). How did you react? What helped? What didn’t?

Books 453
article thumbnail

Multiplying the Effective Intelligence of Your Organization

Great Leadership By Dan

This means people feel “safe” offering different opinions, ideas, suggestions and, as outlined in the research and findings in Jim Collins’ book Good to Great, engaging in “vigorous intellectual debate.” You will need to identify which essential behaviors you want to train for, expect, model and reinforce in all levels of your enterprise.

article thumbnail

Finding Your Bigness Balance: Seven Ways to Properly Set the Size.

Kevin Eikenberry

These goals have been labeled by Jim Collins (and others) as a BHAG – a Big, Hairy, Audacious Goal. To be more specific, for each goal, consider setting a range of targets like this: Target A – This is a perfect world scenario, I/we absolutely want it goal. Target B – This is a big, but potentially believable goal.

Goal 184
article thumbnail

Vision and Leadership | N2Growth Blog

N2Growth Blog

Put simply, I believe that leadership absent vision is a train-wreck waiting to happen. Jim Collins did a good job of addressing this as have you in prior posts. In fact, I’d go so far as to say that you simply cannot decouple the two without causing an organizational implosion. Vision is often misunderstood.

Blog 322