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Great by Choice: Uncertainty, Chaos, and Luck--Why Some Thrive Despite Them All (Good to Great Book 5) by [Jim Collins, Morten T. Hansen]

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Great by Choice: Uncertainty, Chaos, and Luck--Why Some Thrive Despite Them All (Good to Great Book 5) Kindle Edition

4.6 out of 5 stars 1,097 ratings

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Product description

From the Inside Flap

The new study
Great by Choice distinguishes itself from Collins's prior work by its focus not just on performance, but also on the type of unstable environments faced by leaders today.

With a team of more than twenty researchers, Collins and Hansen studied companies that rose to greatness--beating their industry indexes by a minimum of ten times over fifteen years--in environments characterized by big forces and rapid shifts that leaders could not predict or control. The research team then contrasted these "10X companies" to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environments.

The new findings
The study results were full of provocative surprises. Such as:

  • The best leaders were not more risk taking, more visionary, and more creative than the comparisons; they were more disciplined, more empirical, and more paranoid.
  • Innovation by itself turns out not to be the trump card in a chaotic and uncertain world; more important is the ability to scale innovation, to blend creativity with discipline.
  • Following the belief that leading in a "fast world" always requires "fast decisions" and "fast action" is a good way to get killed.
  • The great companies changed less in reaction to a radically changing world than the comparison companies.

The authors challenge conventional wisdom with thought-provoking, sticky, and supremely practical concepts. They include: 10Xers; the 20 Mile March; Fire Bullets, Then Cannonballs; Leading above the Death Line; Zoom Out, Then Zoom In; and the SMaC Recipe.

Finally, in the last chapter, Collins and Hansen present their most provocative and original analysis: defining, quantifying, and studying the role of luck. The great companies and the leaders who built them were not luckier than the comparisons, but they did get a higher Return on Luck.

This book is classic Collins: contrarian, data-driven, and uplifting. He and Hansen show convincingly that, even in a chaotic and uncertain world, greatness happens by choice, not chance.

--Booklist --This text refers to an alternate kindle_edition edition.

About the Author

Jim Collins is a student and teacher of what makes great companies tick, and a Socratic advisor to leaders in the business and social sectors. Having invested more than a quarter-century in rigorous research, he has authored or coauthored six books that have sold in total more than 10 million copies worldwide. They include Good to GreatBuilt to LastHow the Mighty Fall, and Great by Choice.

Driven by a relentless curiosity, Jim began his research and teaching career on the faculty at the Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. In 1995, he founded a management laboratory in Boulder, Colorado.

In addition to his work in the business sector, Jim has a passion for learning and teaching in the social sectors, including education, healthcare, government, faith-based organizations, social ventures, and cause-driven nonprofits.

In 2012 and 2013, he had the honor to serve a two-year appointment as the Class of 1951 Chair for the Study of Leadership at the United States Military Academy at West Point. In 2017, Forbes selected Jim as one of the 100 Greatest Living Business Minds.

Jim has been an avid rock climber for more than forty years and has completed single-day ascents of El Capitan and Half Dome in Yosemite Valley.

Learn more about Jim and his concepts at his website, where you’ll find articles, videos, and useful tools. jimcollins.com



Morten T. Hansen is a management professor at the University of California, Berkeley (School of Information), and at INSEAD. Formerly a professor at Harvard Business School, Morten holds a PhD from Stanford Graduate School of Business, where he was a Fulbright scholar. He is the author of Collaboration and the winner of the Administrative Science Quarterly Award for exceptional contributions to the field of organization studies. Previously a manager with the Boston Consulting Group, Morten consults and gives talks for companies worldwide.

--This text refers to the hardcover edition.

Product details

  • ASIN ‏ : ‎ B0058DTIC0
  • Publisher ‏ : ‎ Harper Business; 1st edition (Oct. 11 2011)
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 14907 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 396 pages
  • Customer Reviews:
    4.6 out of 5 stars 1,097 ratings

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Customer reviews

4.6 out of 5 stars
4.6 out of 5
1,097 global ratings

Top reviews from Canada

Reviewed in Canada on February 5, 2020
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1.0 out of 5 stars Need Help
Reviewed in Canada on February 5, 2020
Hello,

I ordered 4 copies of this book for my senior leadership team. It is an excellent book. However, all 4 of our copies exhibit the same issue - a misprint of multiple pages.

Who can I speak to in order to have the replaced?
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Top reviews from other countries

M. Chaffer
4.0 out of 5 stars Thought-provoking analysis of why some listed companies out-perform their competitors.
Reviewed in the United Kingdom on May 17, 2020
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2 people found this helpful
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The Salary Coach
5.0 out of 5 stars 8/10: Valuable extension of the concepts presented in Good to Great
Reviewed in the United Kingdom on January 21, 2018
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5 people found this helpful
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V Ghezzi
4.0 out of 5 stars It's a good reading, simple and full of examples
Reviewed in the United Kingdom on June 24, 2016
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One person found this helpful
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Jon Busby
5.0 out of 5 stars Another hit by Jim Collins - although shorter than usual for his books.
Reviewed in the United Kingdom on April 3, 2017
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Zhihui Zhao
3.0 out of 5 stars Would not recommend
Reviewed in the United Kingdom on September 18, 2017
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