Good to Great

Good to Great - SIGNIFCANCE OF SAMPLING SIZE 3/23/2008 2 `...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
3/23/2008 1 Why Some Companies Make the Leap … and Others Don’t ` The vast majority of companies, schools, governments never become great, in large part because good is good enough. ` Jim Collins wrote “Built to Last” to show how great companies triumph over time. The result was ‘Six Timeless Fundamentals’. (TBD) ` Asked the question: How can good companies become great companies? ` His research team used tough benchmarks to identify a set of elite companies that made the leap from good to great. ` THREE TIMES THE MARKET OVER 15 YEARS ` SUSTAINABILITY OVER 15 YEARS ` SPECIFIC PATTERN: GREAT RESULTS PRECEDED BY SUSTAINED PERIOD OF AVERAGE RESULTS ` PURPOSEFUL SELECTION TO MEET CRITERIA PURPOSEFUL SELECTION TO MEET CRITERIA AVOIDING QUESTION OF STATISTICAL
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: SIGNIFCANCE OF SAMPLING SIZE 3/23/2008 2 ` 1,435 COMPANIES SELECTED FROM FORTUNE 500 1965-1995 ` AMERICA’S LARGEST PUBLIC COMPANIES ` RATES OF RETURN DATA TO REDUCE NUMBERS ` WANTED COMPANIES THAT MADE A TRANSITION NOT INDUSTRIES THAT MADE A TRANSITION ` ABBOTT ` CIRCUIT CITY ` FANNIE MAE ` GILLETTE ` NUCOR ` PHILLIP MORRIS ` PITNEY BOWES ` WALGREENS ` KIMBERLY-CLARK ` KROGER ` WELLS FARGO ` THE KEY QUESTION BECAME: What did the Good-to-Great companies share in common that distinguished them from the comparison companies? 3/23/2008 3 ` LEVEL 5 LEADERSHIP ` FIRST WHO ` STOCKDALE PARADOX ` BUILD-UP BREAKTHROUGH FLYWHEEL ` THE HEDGEHOG CONCEPT ` TECHNOLOGY ACCELERATORS ` A CULTURE OF DISCIPLINE...
View Full Document

This note was uploaded on 02/26/2010 for the course ITM ENT526 taught by Professor Wise during the Spring '10 term at Ryerson.

Page1 / 3

Good to Great - SIGNIFCANCE OF SAMPLING SIZE 3/23/2008 2 `...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online