Book Summary: Great by Choice by Jim Collins and Morten Hansen
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@successprogress So if he turns out to be wrong (again) in this book will that be "3 strikes and he is out?"
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If you haven't figured out after reading "Built to Last" and "Good to Great" that Jim Collins has no idea what he is talking about then you deserve to waste your money on yet another of his worthless books. Two of his "Good to Great" companies have declared bankruptcy and one required $25 Billion in bailout funds. Sound "GREAT" to me!
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I am not sure what you mean. You can not deny 15 years of consistently beating the market. If there are other ways besides leadership, team building and other skill sets that you recommend then I am open to learn but the data in the research period does not lie. I understand the frustration with Fannie Mae but the whole credit bubble and PIIGS (European Problem / Debt) is a whole separate argument around Fed Policy and derivatives gambling.
successprogress 3 months ago
I appreciate the comment but you need to look at the period they were great and the leadership that made it that way. You also need to consider like any great sports franchise that dynasties do not last forever. They rise and fall on leadership. Circuit City go away from their core and Best Buy ate their lunch. Again bad leadership and horrible execution. His research is valid and you should also read How the Mighty Fall and Billion Dollar Lessons to understand why.
successprogress 3 months ago