… The crucial variable is not the content of a company’s ideology, but how deeply it believes its ideology.”, “A visionary company almost religiously preserves its core ideology. This is the essence of clock building.”, Visionary companies have a “commitment to challenging, audacious—and often risky—goals and projects toward which a visionary company channels its efforts.”, “A BHAG engages people—it reaches out and grabs them in the gut. ( Log Out /
To assist in relocation for our Malaysian staff from other parts of the country and our expats from, DON'T MAKE ME THINK, by Steve Krug Don't make me think The basic principle of web design is that the user shouldn't have to think. It looks at several different industries this way. Built to Last: Successful Habits of Visionary Companies (Good to Great) [Collins, Jim, Porras, Jerry I] on Amazon.com. They then use the traits of the visionary companies to break the myths that are conventionally perceived as a formula for building a successful, enduring, or what the authors call visionary companies. Writing a vision statement is just one of thousands of steps.
But if you’re not, then that’s fine, too, for you’re in good company right along with those that built companies like 3M, P&G, Sony, Boeing, HP, and Merck. Profit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.”, “Visionary companies like Motorola don’t see it as a choice between living their values or being pragmatic; they see it as a challenge to find pragmatic solutions and behave consistent with their core values.”, “In short, we did not find any specific ideological content essential to being a visionary company.
Myth 6: Blue-chip companies play it safe.
Book: Built to Last: Successful Habits of Visionary CompaniesAuthor: Jim Collins. Myth 9: Companies should hire outside CEOs to stimulate fundamental change. …Highly visionary companies liberate themselves with the ‘Genius of the AND’—the ability to embrace both… at the same time.”, “A fundamental element… of a visionary company is a core ideology—core values and sense of purpose beyond just making money—that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.”, “Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. At the beginning of the book the author presented surprising and counterintuitive discoveries that I find very good to know.
In fact, some began life without any specific idea and a few even began with outright failures. In reality, it is more of a Darwinian process: let's just try a lot of stuff and keep what works. ( Log Out / …Creating an environment that reinforces dedication to an enduring core ideology is clock building.”, “A cult-like culture can be dangerous and limiting if not complemented with the other side of the yin-yang.
… It is absolutely essential not to confuse core ideology with culture, strategy, tactics, operations, policies, or other noncore practices.”, This framework has two layers. They build first and foremost for the long term while simultaneously holding themselves to highly demanding short-term standards.”, “The essence of a visionary company comes in the translation of its core ideology and its own unique drive for progress into the very fabric of the organization—into goals, strategies, tactics, policies, processes, cultural practices, management behaviors, building layouts, pay systems, accounting systems, job design—into everything that the company does.”, “Just because a company has a ‘vision statement’ (or something like it) in no way guarantees that it will become a visionary company!
Internal Transformation BHAGs tend to be effective in old or large organizations in need of internal transformation. “Unlike many religious sects or social movements which often revolve around a charismatic cult leader (a ‘cult of personality’), visionary companies tend to be cult-like around their ideologies.
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