Jim Collins and his research team use the term “good-to-great” to describe the eleven companies selected for their study. In order to qualify, each company had to display average or below-average stock market returns for…
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Direct Comparison
In addition to the eleven good-to-great companies, the study also included eleven direct comparison companies. These companies were drawn from the same industries as each of the good-to-great companies and each one was paired with…
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Unsustained Comparison
Finally, the study also included six unsustained comparison companies. These companies would have met the criteria to be defined as good-to-great, except that they were not able to sustain their stock market gains over…
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Level 5 Leader
Collins and his research team coin the term Level 5 Leader to describe the unique qualities that CEOs of good-to-great companies tend to have. In contrast to the stereotype of the charismatic, revolutionary leader, Level…
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Stockdale Paradox
This term is named after Jim Stockdale, a United States admiral who led his troops during their imprisonment in a notorious prisoner-of-war camp during the Vietnam War. When Collins meets Stockdale, Stockdale tells him…
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