Join us for a discussion of a bestselling study about organizational greatness in business. The book is Good to Great: Why Some Companies Make the Leap…and Others Don’t by Jim Collins.
Challenged to identify how good companies become great, researcher Jim Collins identified three themes that differentiated organization that had made that transition: disciplined people, disciplined thought, and disciplined action.
Through his examination, Collins introduces us to real world Ken Dannagers, Lawrence Hammnds, Dwight Sanderses, and Ed Neilsens. Although Collins recommends Atlas Shrugged , he was surprised to find that leadership matters. Yet, Collins is unable to reconcile a contradiction in what he calls Level 5 Leadership.
Just as Dagney Taggert found as she lost her best employees, a successful organization requires the right people. Collins found that selecting the people with the right characteristics had to come before deciding what they were to do, or as he described it: “First who…then what.”
Collins book expresses issues particularly suited for discussion by Objectivists, such as: evaluating the strengths and limits of Collins’ methodology, comparing the role of values and virtue to Ed Locke’s discussion in The Prime Movers, the role of the primacy of existence as a differentiating factor for the great companies, and differentiating the Fannie Mae in the book from the one that went broke.
More than a business book, Good to Great examines how an organization can bring individuals together to achieve shared values.
Update: DCOS will hold this discussion on July 31.