Built to Last: Summary Review

This is a summary review of Built to Last containing key details about the book.

What is Built to Last About?

Built to Last is a good read for anyone who wants to create a truly great company. The author and his research team have studied the world's most enduring and successful companies over the past 25 years. This book is the distillation of those findings.

Who is the author of Built to Last?

James C. "Jim" Collins is an American researcher, author, speaker, and consultant focused on the subject of business management and company sustainability and growth.

How long is Built to Last?

  • Print length: 368 pages

What genre is Built to Last?

Business, Nonfiction, Leadership

What are good quotes from Built to Last?

“The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function.”

“Visionary companies are so clear about what they stand for and what they’re trying to achieve that they simply don’t have room for those unwilling or unable to fit their exacting standards.”

“Visionary companies make some of their best moves by experimentation, trial and error, opportunism, and—quite literally—accident. What looks in retrospect like brilliant foresight and preplanning was often the result of “Let’s just try a lot of stuff and keep what works.”

“Visionary companies pursue a cluster of objectives, of which making money is only one—and not necessarily the primary one.”

“One of the most important steps you can take in building a visionary company is not an action, but a shift in perspective.”

“When in doubt, vary, change, solve the problem, seize the opportunity, experiment, try something new (consistent, of course, with the core ideology)—even if you can’t predict precisely how things will turn out. Do something. If one thing fails, try another. Fix. Try. Do. Adjust. Move. Act. No matter what, don’t sit still.”

“...it is better to understand who you are than where you are going—for where you are going will almost certainly change.”

“The only truly reliable source of stability is a strong inner core and the willingness to change and adapt everything except that core.”

“Indeed, if there is anyone “secret” to an enduring great company, it is the ability to manage continuity and change—a discipline that must be consciously practiced, even by the most visionary of companies.”

“Comfort is not the objective in a visionary company. Indeed, visionary companies install powerful mechanisms to create /dis/comfort--to obliterate complacency--and thereby stimulate change and improvement /before/ the external world demands it.”

“wouldn’t that person be even more amazing if, instead of telling the time, he or she built a clock that could tell the time forever, even after he or she was dead and gone?3”

“tends to rivet our attention on the Icarus companies”

― Jim Collins, Built to Last
 

What are the chapters in Built to Last?

Chapter 1: The Best of the Best
Chapter 2: Clock Building, Not Time Telling
Chapter 3: More Than Profits
Chapter 4: Preserve the Core/ Stimulate Progress
Chapter 5: Big Hairy Audacious Goals
Chapter 6: Cult-Like Cultures
Chapter 7: Try a Lot of Stuff and Keep What Works
Chapter 8: Home-Grown Management
Chapter 9: Good Enough Never Is
Chapter 10: The End of the Beginning
Chapter 11: Building the Vision

* Key sources: LibraryThing, Amazon, Wikipedia

Chief Editor

Tal Gur is a location independent entrepreneur, author, and impact investor. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His most recent book and bestseller, The Art of Fully Living - 1 Man, 10 Years, 100 Life Goals Around the World, has set the stage for his new mission: elevating society to its abundance potential.

 
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