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"Audiobook: Good to Great by Jim Collins | Narrated by Dean Bokhari"

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Audiobook Summary of "Good to Great: Why Some Companies Make the Leap - And Others Don't by Jim Collins" Written and Narrated by Dean Bokhari  

"Good to Great" is the culmination of a five-year study of eleven companies that each at some point made the transition from being a good company to a great company. This means that at some point, the company's returns hit a pivot point at which they went from flat, sustained good results to a dramatic upturn toward great results that significantly outperformed their competitors in the industry as well as the market as a whole and sustained those results for more than fifteen years.

The study was conducted to find out what characteristics distinguished those companies (the "good-to-great" companies) from other companies (the "comparison" companies) that either just sustained good results or produced great results for only a short period of time. The researchers sought to answer the question of whether a good company could become a great company, and if so, how? The answer they came to is that any organization, if it applies the concepts in this book, has the potential to become a great organization. The pattern they found was one of long-term buildup of momentum that eventually led to a pivotal "breakthrough" moment in which the company went from producing good results to great results.

The characteristics they shared were the presence of "Level 5 leadership" and adherence to a "Hedgehog Concept" through a sustained culture of discipline. Here's what you'll learn about in this summary: 

• The power of "Level 5 Leadership," and how to leverage it.
• How to apply the "Hedgehog Concept" to build a powerful, purpose-driven organization that's built to last.
• The principles of the "flywheel" for building the momentum your organization needs to make the transition towards greatness.

Crucial quotes - We believe, based on the research that almost any organization can substantially improve its stature and performance, perhaps even become great, if it consciously applies the framework of ideas we've uncovered.

When you get your Hedgehog Concept right, it has the quiet ping of truth, like a single, clear, perfectly struck note hanging in the air in the hushed silence of a full auditorium at the end of a quiet movement of a Mozart piano concerto. There is no need to say much of anything; the quiet truth speaks for itself.

If you have Level 5 leaders who get the right people on the bus, if you confront the brutal facts of reality, if you create a climate where truth is heard, if you have a Council and work within the three circles, if you frame all decisions within the concept of the crystalline Hedgehog Concept, if you act from understanding, not bravado - if you do all these things, then you are likely to be right on the big decisions.

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