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Thinking books · Leadership & character · Jim Collins, 2001

Good to Great — the big ideas

A study of companies that made a sustained leap in performance, and what they shared.

Free — no account needed to read

The big ideas

Level 5 leadership: a combination of personal humility and professional will, which is the opposite of the charismatic figure the literature usually celebrates.

Confront the brutal facts while retaining faith in the eventual outcome — holding both, rather than choosing between realism and optimism.

The hedgehog concept: the intersection of what you can be best at, what drives your economics, and what you care deeply about.

⚠ Its method selects on the outcome, so survivorship bias applies to the whole study, and several featured companies later failed. Read the frameworks as hypotheses, not findings.

Practise it — no need to have read it

Write the brutal fact about your situation that you have been avoiding stating plainly.

A hint: Then write what you would do if it were definitely true.

Where it shows up in real life

  • Leading a team
  • Facing a bad quarter
  • Deciding what to focus on

Described in our own words with the source named — never quoted, and not a substitute for reading the book.

The thinking it builds

  • Strategic Thinking — Think beyond the immediate next step
  • Reflective Thinking — Examine your own reasoning

Previous: The Pyramid Principle — Barbara Minto

Next: Leaders Eat Last — Simon Sinek

This is part of Thinking Lab, a free course on My Full Journey. Reading every lesson is free with no account. A free account adds saved progress, private answers and practice with your own life in Thinking Lab. See every free course.