Built to Last
Successful business habits of visionary companies can best be described in the book Built to Last by Collins and Porras. Built to Last uses highly successful corporations that fall under specific criteria to correctly describe how these companies became and still are visionary. The visionary companies were researched and examined by using a set of control companies to find what set them apart. This book accurately describes what makes a visionary company work. It diminishes any misconceptions and myths that visionary companies may take on.
In order for the authors to research visionary companies properly the companies meet the criteria of the following: premier institution in its industry; widely admired by knowledgeable businesspeople; made an indelible imprint on the world in which we live; had multiple generations of chief executives; been through multiple product (or service) life cycles; and founded before 1950. If you take the criteria that these visionary companies meet you will find extraordinary companies that surpass that ordinary ones.
There are many interesting conclusions that the authors came up with through there research. One interesting research find was that “creating and building a visionary company absolutely does not require either a great idea or a great and charismatic leader. In fact, we found evidence that great ideas brought forth by charismatic leaders might be negatively correlated with a building a visionary company.” I found this fact to be intriguing. I had always thought that most companies were started on a great idea, or at least with some direction. It turns out that some of the visionary companies just wanted to start a company. It amazes me that it might actually negatively effect how a business starts, but I can see how it might. How to strong of a leader may have weak followers and a great idea could be the only idea.
The authors used a great analysis of “clock building, not time telling.” This one statement helped me see how visionary companies were started. To help explain this analysis an excerpt from the book states, “ They concentrate primarily on building an organization-building a ticking clock- rather than on hitting a market just right with a visionary product idea and riding the growth curve of an attractive product life cycle.” Basically a visionary company is more ...
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... new ideas in and spark new energy. That outside managers can bring the knowledge of another company and a fresh new look. This may be true for a company that is looking to completely revive itself and change but for a visionary company I can’t see it but anything far from the truth. I have always believed that the best managers would come from within. They have the complete knowledge of the company and who and what they stand for. These managers have normally started from the bottom and worked their way up to the top gaining experience from every part of the company. This idea of home-grown management can be described through an excerpt from the book about Jack Welch former CEO of GE and a legendary manager. This excerpt states, “To have a Welc-caliber CEO is impressive. To have a century of Welch caliber CEO’s all grown from inside- well, that is one key reason why GE is a visionary company.” The authors found an astonishing number of home grown management in their visionary companies. They said that, “across seventeen hundred years of combined history in the visionary companies, we found only four individual cases of an outsider coming directly into the role of chief executive.”
It states that as the job process change a team must be able to change strategy, actions and goals in accordance with it. It is necessary to be able to transcend from one stage to another in other to achieve the groups aim and objectives. (Ancona & Bresman, 2007) p119. These capabilities are central to leadership in the sense that its involves sense making, relating ,visioning and inventing. The sense making entails having knowledge of which the team and members operate. The relating aspect explains developing key relations within the organization and outside the organization. The visioning explains envisioning new ideas and finding creative ways of achieving it. The inventing explains the developing and generating ways to achieve the
As technology stem cell research intensifies, so does the controversy about whether such scientific progress is moral. In the past millennium to today the present stem cell research has become a controversial topic across the world. Stem cells are unspecialized cells that have unique regenerative abilities, allowing them to divide into specialized cell types. Understanding why these processes occur is essential to curing disease. Critics of stem cell research argue that the extraction of embryonic stem cells involves destroying an early embryo, equating the act of killing a human. Although stem cell research is a highly controversial topic, it is compulsory to continue stem cell research within ethical boundaries for the benefit of mankind.
The United States has come to a point where a person cannot go for very long without being greeted with some sort of advertisement. Advertisements are everywhere, no matter how secluded of a life someone may live. They appear on most web pages of the Internet, show up on cellphones during applications, and are plastered along roadways. It has become second nature for most people to tune out the advertisements that are thrown in their faces at practically every turn. Our country is especially ridden with advertisements compared to others, as it has become a multi-billion industry for the country. Fueled by a materialistic frame of mind, the population’s desire for the latest product keeps the advertising field thriving.
From the discussion above it is very clear that there are different opinions on the pros and cons of stem cell research. Based on the recent researches, scientists have the capability to work out the alternatives for embryonic stem cell research. And the usefulness compare to embryonic stem cell remains unknown. Undeniably, the stem cell research issue has its most complex parts to be resolved and surmounted. But perhaps we can disclose the way to carry out stem cell research with the balance of bioethics and most importantly, do no harm for humankind one day.
Visionary leadership as its name suggests involves having a vision. In chapter about Transformational Leadership, the author said that a transforming leader “had a clear vision of the future state of their organizations.” (Northhouse 2013) As we learn from week one, leaders are visionary, they are able to inspire their followers. In order for leaders to inspire others, they might be able to internalize the vision for themselves. First step to creating a new vision for the school, the leader must understand why there is a need for the school and he or she must agree with it. Second, the leader must be able to see the needs of the organization, the leader must be able to have a person touch (also known as Authentic Leadership) with its members in order to be be able to see the true needs of the organization. As the leader creates the vision, it should be “simple, understandable, beneficial and energy creating”. (Northhouse 2013) The author of the textbook follows to say that “vision originates from both the leaders and the followers”. (Northhouse 2013)
The role of leadership can impact an organization performance in many ways. Excellent leadership can propel a company to the fortune five hundred list. For Example, Harpo Incorporated Oprah Winfrey’s company is a successful business that has made billions of dollars over the years. The business consists of several different entities such as the Oprah Show, Oprah Winfrey Network, and The Dr. Phil Show to name a few. This could not have been accomplished with a weak or uneducated leader. Many years ago I heard her give advice to the Williams Sisters. The a...
Leadership has been defined as the process whereby an individual influences others in accomplishment of shared objectives. Leadership is not a one-way linear event in which only the leader affects the followers but a process through which leaders influence and they are affected by their followers. It is undisputable truth that the success or failure of an enterprise is dependent on the presence of a visionary leader who is able to offer direction in achieving the business’s objectives. Leaders are known to inspire and instill a sense of dedication and zeal to their followers which are principles crucial for success. There is tendency to view leadership in the context of highly successful business enterprises in the world that has led to the misconception that leaders are great and famous people. Successful corporations in the world have relied on the genius of their leaders to succeed. Nonetheless, in response to the changing global business environment and operations, the need for individual leaders or teams has increased significantly. The external business environment has become increasingly dynamic with uncertainty and demands for change being the two major issues faced by corporations.
As we’ve learned over the course of the semester the definitions and qualities of a good leader. We also discussed the best ways to handle and make an organization a competitor advantage in respective of what it does, and finally the assumption, understanding and implementation of change for the betterment of an organization. Jack Welch 's theories and ideas he discussed in the articles are not exempt from the lessons I learnt from the class. The paper will discuss Jack Welch 's leadership style, his ideas and actions that made him the greatest CEO of all time.
In conclusion, there are many science experts induct that advertisements can take an advantage in sending health message to communities. In reducing the social evil like smoking, drinking and drugs abuse, advertisements are widely used as anti-campaigns and they are also received many positive responses for short term and long term consequence. Surdyka (2006) believes that advertisements have influence on target audiences not only in the past but also in the present. She recommends that the more intensively advertisements perform, the higher recognition of them.
To be successful in today's global marketplace, an organization must learn to adapt in order to stay one step ahead of the competition. Mission statements, goal setting, and planning methods alone are simply not enough anymore. Management fads have given way to time-tested management principles that distinguish good companies from truly great companies. Many organizations have found success by utilizing a technique of balancing their core ideology, stimulating progress, and seeking support by aligning company objectives, strategies, and policies. These companies are what Jim Collins and Jerry Porras call "visionary". Built to Last seeks to discover these timeless management principles that make a company truly "visionary" (Collins & Porras, 2002).
There are sometime thing that even you can’t accomplish be yourself, If you know you can't do something ask someone else for help when working as an electrician. Safety is the most important thing that is needed when being an electrician and working with electricity. When asking for help your co-workers will help you, because you help each thought out the whole project. That is friendship that is alway needed in a job.Safety is the first priority that is needed to be followed without anyone telling you. Don’t joke around when you are working near electricity. You should be serious in willing to help when you are needed or when you need help.
Effective leaders are able to accomplish their goas by competently organizing the business and support of other people. Leaders learn to be great leaders by doing what other admirable leaders have before you. To develop ideas and chart the course of their business, leaders need to be creative. Nowadays, leaders need to approach idea generation and innovation within the business, and they also need to look to others for ideas. Leaders can get the work done by using their power to generate creativity and promote
The uppermost block of the pyramid is vision. Vision, as intended for this model, refers to the broad direction someone wants to take a company. Vision does not tell us exactly where we want to go, nor does it tell us how to get there. In its simplest form, it merely tells us...
The report I am going to write about is to do with electrical safety devices and safety practices which contribute in reducing and eliminate specific risks. The workplace I have chosen to write about is electricians in power stations. The report I am going to write is going to show a clear understanding of electrical safety devices and the improvements of electrical safety devices.
... field supervision after the term break. Given the chance to conduct the lesson again, I would definitely try to calm my nerves more so as to be able to remember my lesson plan better and think through my questions more clearly. I would also emphasize and remind the children of the rules at the start of my lesson to ensure a smoother lesson flow. Should I have had more time to prepare, I would have probably written a clearer and more specific lesson plan, created more effective and engaging materials and chose a more suitable storybook.