Preview

Summary of Built to Last Frist Five Chapters

Powerful Essays
Open Document
Open Document
2177 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Summary of Built to Last Frist Five Chapters
The Best of the Best
The book basically talks about visionary companies deviating from most books which are written on charismatic leadership and visionary products. Visionary companies are institutions in industry having a separate standing in terms of admiration and impact on world around them. All visionary products as well as visionary charismatic leaders have to die, it is actually company that last long through multiple products and leaders. In six year of research Jim Collins and Jerry I. Porras have identified historical development of visionary companies. Along with they have selected control set of comparison companies. The visionary companies are different from enduring or successful companies. These are of the best have been best for decades. The Comparison in Research Study Visionary companies | Comparison companies | 3M | Norton | American Express | Wells Fargo | Boeing | McDonnell Douglas | Citi Corp | Chase Manhattan | Ford | GM | General Electric | Westinghouse | Hewlett Packard | Texas Instrument | IBM | Burroughs | Johnson & Johnson | Bristol-Myers Squibb | Marriott | Howard Johnson | Merck | Pfizer | Motorola | Zenith | Nordstrom | Melville | Philip Morris | RJR Nabisco | Procter & Gamble | Colgate | Sony | Kenwood | Wal- Mart | Ames | Walt Disney | Columbia |
Almost all of the visionary companies were in financial crisis from the start. But later they have returned more than financial by attaching themselves in the society.
In this research they have tried to identity underlying characteristics and dynamic s of visionary companies and tried to communicate its findings and concepts. The companies for research study were selected on the bases of survey filled by CEOs of various companies. Selecting Comparison Company was a difficult job and they selected companies of similar start in life, similar funding products and markets and not a dog company. Historic analysis was preferred because it provided an insight,
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Influences that helped Nayar to create a more innovative organization
    • 853 Words
    • 4 Pages

    Influences that helped Nayar to create a more innovative organization

    In this paper, an analysis will be made about the innovative leader Vineet Nayar, a former CEO of HCLT. This paper examines and describes his leadership techniques within his organizations. In this paper, I will analyze the global trends that influenced the need for Nayar to create a more innovative organization. Also, this paper will introduce the five discovery skills and assess Nayar’s use of them as an innovative leader within his organization. Lastly, I will make recommendations for improvement on use of the discovery skills.…

    • 853 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    Io361 Week 5 Individual Assingment
    • 767 Words
    • 4 Pages

    Io361 Week 5 Individual Assingment

    In today’s economy the best move to take advantage of the competition is embrace innovation, creativity and design within the organization. This creative process may include from the identification of the problem to the forced generation of new ideas. Innovation involves the selection, development and marketing of ideas but not only limits to development, but also from the creation of new ones as well. The design part is a key part in the innovation process, so a company needs to be ready to work from the inside out. Ideas should be embrace in the organization and must be live within the members that way they will be better promoters and will be engaged to the success of the plan. The ability of the organization to execute these elements will be their winning card to success.…

    • 767 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Good to Great
    • 8353 Words
    • 34 Pages

    Good to Great

    Jim Collins is a student and teacher of enduring great companies -- how they grow, how they…

    • 8353 Words
    • 34 Pages
    Powerful Essays
    Read More
  • Good Essays

    Merck Essay
    • 707 Words
    • 3 Pages

    Merck Essay

    Johnson & Johnson is the biggest player in the $200 billion global consumer health industry, with about 4 percent of the market. Bayer, GlaxoSmithKline PLC, Novartis, Pfizer and Sanofi SA are the other major players, each with a market share of more than 2 percent.…

    • 707 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Cakelove and Love Cafe
    • 550 Words
    • 3 Pages

    Cakelove and Love Cafe

    First, the company was growing not based on solid ground. When company faced growing too fast, it may seek to take advantage of market opportunities even if they lack the necessary capital for the project. The undercapitalization of projects soon becomes their undoing.…

    • 550 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Quality Health Care
    • 7202 Words
    • 29 Pages

    Quality Health Care

    Collins JC, Porras JI. Built to last: successful habits of visionary companies. New York: Harper Business, 1994.…

    • 7202 Words
    • 29 Pages
    Powerful Essays
    Read More
  • Best Essays

    Ntrepreneurial Leader Profiling Boeing Company
    • 3791 Words
    • 16 Pages

    Ntrepreneurial Leader Profiling Boeing Company

    This business report is about the entrepreneurial leader William E. Boeing and The Boeing Company. There is a description of The Boeing Company and its performance on the aircraft business. Then comes the analysis of William E. Boeing as an entrepreneur and a leader. The report demonstrates why he was labelled as a visionary leader and an entrepreneur, due to his personal, technical and conceptual skills. William Boeing’s democratic style is described as well as the theories that can be applied to him, which is the achievement-oriented category. After, follows the entrepreneurial process in which each step reinforces the entrepreneurial and visionary leadership of William Boeing. The steps analysed are the presence of opportunity, opportunity identification, decision for opportunity exploitation, resource acquisition and entrepreneurial strategy. The report continues with the major company issues, such as the big competition with Airbus, the future entrance of a new competitor from China and the trends of the market. Finally ensue recommendations and conclusions that could be summarized in the word “innovation”. This means that the company needs to innovate continuously to maintain its success. Boeings should innovate in the design, efficiency, performance, and sustainability of its products as a way to maintain its leadership and continue with William E. Boeing legacy.…

    • 3791 Words
    • 16 Pages
    Best Essays
    Read More
  • Better Essays

    Role of Vision at Mentor Graphics
    • 1585 Words
    • 7 Pages

    Role of Vision at Mentor Graphics

    The multiple visions both strengthened and weakened the company. The visions strengthened the company by being able to connect the vision to the organizations inner voice. This was true with most of the visions, with the exception of two of them. The “10X Imperative” and “Changing the Way the World Designs Together” were not understood by customers and had little to do with the actual business that Mentor Graphics was operating. This was a weakness in the organization in that it didn’t’ portray what the CEO or president wanted to convey.…

    • 1585 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    Top 5 Companies in Terms of Social Responsibility
    • 1521 Words
    • 7 Pages

    Top 5 Companies in Terms of Social Responsibility

    Chan, Sharon. "Microsoft Donating $1.25M to Haiti Earthquake Relief." Seattle Times. N.p., 15 Jan. 2010. Web. 10 Nov. 2012. .…

    • 1521 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Best Essays

    Aerospace Defense Industry
    • 3581 Words
    • 15 Pages

    Aerospace Defense Industry

    The Aerospace defense industry is huge industry that spans the entire world. Aerospace defense technology has been known to be a key innovator in today’s technologies for example the space race was a huge factor in computer technology that NASA developed and solar energy…

    • 3581 Words
    • 15 Pages
    Best Essays
    Read More
  • Better Essays

    Winning by Jack Welch
    • 2560 Words
    • 11 Pages

    Winning by Jack Welch

    The book is divided into four sections. The first section is called Underneath It All and it takes a look at missions, values, using candor, differentiation and voice and dignity. The second section is called Your Company and has sections about leadership, hiring, people management, parting ways, change and crisis management. The third section is titled Your Competition and deals with strategy, budgeting, organic growth, mergers, acquisitions, and six sigma. The fourth section is about Your Career. It discusses areas such as finding the right job, getting promoted, hard spots and having a work-life balance.…

    • 2560 Words
    • 11 Pages
    Better Essays
    Read More
  • Good Essays

    Coca Cola The Real Thing 10
    • 1632 Words
    • 5 Pages

    Coca Cola The Real Thing 10

    The types of leaders are described in the first paragraph of the article. Managerial leaders don’t like to take risks; their goals are based upon the past and necessity. They are involved in day to day activities and people who are involved in the decision making process. Visionary leaders like to change the way people think and they are concerned with the future of the company. Strategic leaders are a combination of the managerial and visionary leader. They are concerned with day to day and long term matters of the company. (Riaz., p.1-2)…

    • 1632 Words
    • 5 Pages
    Good Essays
    Read More
  • Best Essays

    Transformational and Inspirational Leadership
    • 2637 Words
    • 11 Pages

    Transformational and Inspirational Leadership

    In the second part of the paper, there is a brief explanation of Inspirational Leadership, comparing it with transformational leadership, trying to identify the reasons that many consider inspirational leadership is overshadowing the transformational leadership.…

    • 2637 Words
    • 11 Pages
    Best Essays
    Read More
  • Better Essays

    Barnes And Noble Vs Amazon
    • 2196 Words
    • 9 Pages

    Barnes And Noble Vs Amazon

    Our report was developed as a result of conducting independent and group research about each company’s background, competitors, philosophical differences in management, success stories, challenges (past and future), strategic moves, as well as key comparative statistics. Our research was compiled using a variety of online sources. The analysis of these key areas will provide greater…

    • 2196 Words
    • 9 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    The Role of Vision at Mentor Graphics
    • 619 Words
    • 3 Pages

    The Role of Vision at Mentor Graphics

    Based on case study the role of vision at Mentor Graphics, the way vision was used is always change. This changing can be show when Gerard Tan, president of Mentor Graphics Company has always change company vision from unarticulated vision to “Build Something That People will Buy”,. The second vision used by the company is “Beat Daisy” that driven by the need to survive as a business. The next vision was develop is “Six Boxes” which represented the six different businesses in which they sought market leadership and left with a “Five Boxes”. Lastly the vision that the company develop is “10x Imperative”. In early 1990s, the company realization that the company’s vision detracted from what the company was actually about led to the dumping of the vision detracted from what the company was actually about led to the dumping of the vision and the replacement with one that echoed the early beginning of the company which is “Build Something That People will Buy” was seen as a more pragmatic vision for a company that had lost its way, caught up in a cycle of visions that were increasingly irrelevant to the company’s core business and that inhibited their ability to make sound business decisions. The matters contained in the Strategic Plan are not shared with all staff within the organization. This means that the plan does not effectively divulged…

    • 619 Words
    • 3 Pages
    Satisfactory Essays
    Read More

Related Topics