October 18, 2007

Visionary Companies

Writing about web page http://www.amazon.co.uk/Built-Last-Successful-Visionary-Companies/dp/1844135845

This book is also fun to read: Built to Last by James Collins, who is one of the well-known American business consultant.

Not sure, if you can sort of relate this to effective leadership.

Some interesting points he made in the book was what mattered to the company was not the leader, but leadership, the culture & environment of nurturing and educating leaders, the succession plan, etc,.

He did advocate or sort of interpreted innovation as drastic changes or one even could say risking, betting or gambling on the future. This maybe criticised by some as his research was based on biased samples, as he focused on only the success but not the failure. However he did compare the success with a less success or even failure. I think his point perhaps was that the company must has the environment or culture of realising that a change is required, and is able to commit to this change at an organisational level. As they say, Nothing Endures but Change.

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