Textbooks Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All – Intimatenights.co.uk

Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All THE NEW QUESTIONTen years after the worldwide bestseller Good to Great, Jim Collins returns with another groundbreaking work, this time to ask Why do some companies thrive in uncertainty, even chaos, and others do not Based on nine years of research, buttressed by rigorous analysis and infused with engaging stories, Collins and his colleague, Morten Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast moving timesE NEW STUDY Great by Choice distinguishes itself from Collins s prior work by its focus not just on performance, but also on the type of unstable environments faced by leaders today With a team of than twenty researchers, Collins and Hansen studied companies that rose to greatness beating their industry indexes by a minimum of ten times over fifteen years in environments characterized by big forces and rapid shifts that leaders could not predict or control The research team then contrasted these X companies to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environmentsE NEW FINDINGSThe study results were full of provocative surprises Such as The best leaders were not risk taking, visionary, and creative than the comparisons they were disciplined, empirical, and paranoid Innovation by itself turns out not to be the trump card in a chaotic and uncertain world important is the ability to scale innovation, to blend creativity with discipline Following the belief that leading in a fast world always requires fast decisions and fast action is a good way to get killed The great companies changed less in reaction to a radically changing world than the comparison companiesThe authors challenge conventional wisdom with thought provoking, sticky, and supremely practical concepts They include Xers theMile March Fire Bullets then Cannonballs Leading above the Death Line Z oom Out, Then Zoom Inand the SMaC Recipe Finally, in the last chapter, Collins and Hansen present their most provocative and original analysis defining, quantifying, and studying the role of luck The great companies and the leaders who built them were not luckier than the comparisons, but they did get a higher Return on Luck This book is classic Collins contrarian, data driven, and uplifting He and Hansen show convincingly that, even in a chaotic and uncertain world, greatness happens by choice, not by chance


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

  1. Exaf Exaf says:

    Great book Flowing, easy and direct to the point I found great the comparative analysis and the summary at end of each chapter.


  2. The Salary Coach The Salary Coach says:

    This book investigates why some companies perform so well in today s increasingly volatile and uncertain economic environment while their peers often fall by the wayside.Backed up by rigorous analysis the book identifies a handful of successful companies and then sets out to explain, with empirical evidence, why these companies performed so well in these uncertain


  3. M. Chaffer M. Chaffer says:

    This US book analyses the performance of 7 leading US listed companies, comparing them with 7 rival companies over the 30 years to 2002 It studies these businesses through good and bad times, and tries to distil what made the differences over these longer periods This has real relevance for today.It specifically looks at businesses that have out performed their indu


  4. V Ghezzi V Ghezzi says:

    It s a good reading, simple and full of examples The method used in the analysis is explained, which is not often the case on this kind of books The author claims that 4 key points have been found as the success factors in the companies analyzed the 20 miles march stepwise progression , the bullets vs cannonballs test small things before going big , building buffers


  5. Jon Busby Jon Busby says:

    Another hit by Jim Collins although shorter than usual for his books.As usual Jim condenses years of his teams research into something that our mortal minds can understand, using his unique mix of framework thinking and empirical research to build a case thats easy to follow and apply in your business or see in other businesses.Perhaps not as great as Built to Last or


  6. Zhihui Zhao Zhihui Zhao says:

    It is ok book, I wouldn t recommend it Although it is based on years of research, still, it is not a practical book, too many buzz words.


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