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Great By Choice: Uncertainty, Chaos, And Luck--Why Some Thrive Despite Them All (2011)

by James C. Collins(Favorite Author)

4.05 of 5 Votes: 2

languge

English

genre

Nonfiction

publisher

HarperBusiness

review 1: Once again, Dr Collins gives an interesting study of great management, the book highlights basic concepts of why certain companies are great in direct comparison to others. Great detail is given which acts as some sort of a useful guide when situations occur in real life. At the end the concepts I believe are well known, but reading the book really acts to make you comprehend & hopefully apply these concepts & ultimately benefit from them. I especially enjoyed the ROL section, "return on luck" as it's a common misconception that was clarified in a nice way. Good read, definitely need to read again in the future.
review 2: A great book for entrepreneurs, business managers, or those interested in how to face adversity and uncertain conditions.'Great by Choice' an... morealyzes the fortunes of companies that they authors define as '10x successes'; companies they demonstrated tremendous growth in uncertain, rapidly changing environments.The authors find that the leaders of these companies were not the spontaneous, risk-taking, devil-may-care executives that are sometimes predicted at the helm of such major successes. Nor were they the beneficiaries of blind luck.Instead, the authors argue that the most successful executives utilized good times to prepare for uncertain times, took a data-driven approach to management, and maintained high consistency in action over a long period of time. The book then delves into the details of these behaviors, explaining how and why they are of benefit.I found the book to contain a large number of potentially useful concepts. less

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