Wisdom From The Top with Guy Raz

Built to Last, Great by Choice: Jim Collins

42 snips
Sep 11, 2024
Jim Collins, an influential business researcher and author of classics like "Good to Great," shares profound insights from his extensive research. He emphasizes that great ideas don't guarantee success; instead, building resilient structures is key. Collins introduces the concept of "clock building" over "time telling," advocating that preserving core values while evolving strategies fosters enduring companies. He also discusses the importance of leadership resilience, using the Stockdale Paradox to illustrate the balance between hope and realism in overcoming challenges.
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ANECDOTE

Thanksgiving with Father

  • Jim Collins visited his estranged father in a New Mexico adobe hut, hoping for a connection.
  • His father's self-absorption left Collins realizing there was no father there, shaping his views on familial relationships.
ANECDOTE

A Run and a Proposal

  • Jim Collins proposed to his wife Joanne four days after an eight-mile run/walk.
  • This rapid decision reflects their shared belief in commitment and their understanding of each other's difficult upbringings.
ANECDOTE

Discovering His Passion

  • At McKinsey, Collins stumbled upon a research project that examined excellent companies.
  • Discovering the human drama behind businesses like Boeing ignited his lifelong research passion.
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