Great by Choice
Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All
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Narrated by:
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Jim Collins
About this listen
The New Question.
Ten years after the worldwide best seller Good to Great, Jim Collins returns with another ground-breaking work, this time to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? Based on nine years of research, buttressed by rigorous analysis and infused with engaging stories, Collins and his colleague, Morten Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times.
The New Study.
Great by Choice distinguishes itself from Collins's prior work by its focus not just on performance, but also on the type of unstable environments faced by leaders today. With a team of more than 20 researchers, Collins and Hansen studied companies that rose to greatness - beating their industry indexes by a minimum of 10 times over 15 years - in environments characterized by big forces and rapid shifts that leaders could not predict or control. The research team then contrasted these "10X companies" to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environments.
The New Findings.
The study results were full of provocative surprises. Such as:
- The best leaders were not more risk taking, more visionary, and more creative than the comparisons; they were more disciplined, more empirical, and more paranoid.
- Innovation by itself turns out not to be the trump card in a chaotic and uncertain world; more important is the ability to scale innovation, to blend creativity with discipline.
- Following the belief that leading in a "fast world" always requires "fast decisions" and "fast action" is a good way to get killed.
- The great companies changed less in reaction to a radically changing world than the comparison companies.
The authors challenge conventional wisdom with thought-provoking, sticky, and supremely practical concepts. They include 10Xers; the 20 Mile March; Fire Bullets then Cannonballs; Leading above the Death Line; Zoom Out, Then Zoom In; and the SMaC Recipe. Finally, in the last chapter, Collins and Hansen present their most provocative and original analysis: defining, quantifying, and studying the role of luck.
The great companies and the leaders who built them were not luckier than the comparisons, but they did get a higher Return on Luck. This book is classic Collins: contrarian, data driven, and uplifting. He and Hansen show convincingly that, even in a chaotic and uncertain world, greatness happens by choice, not by chance.
©2011 Jim Collins and Morten T. Hansen (P)2011 HarperCollins Publishers, USListeners also enjoyed...
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Fantastic book - volume lower than usual
- By James Gajewski on 06-14-15
By: Ram Charan
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The Strategist
- Be the Leader Your Business Needs
- By: Cynthia Montgomery
- Narrated by: Karen White
- Length: 6 hrs and 29 mins
- Unabridged
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Based on an acclaimed professor's legendary strategy course at Harvard Business School, The Strategist offers a radically new perspective on a leader's most vital role. "Are you a strategist?" That's the first question Cynthia Montgomery asks the business owners and senior executives from all over the world who participate in her highly regarded executive education course. It's not a question they anticipate, but by the time the program ends, they cannot imagine leading their companies to success without being - and living the role of - a strategist.
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Slow going with an odd narrative tone
- By Benson Bumpkin on 08-06-12
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The Self-Made Billionaire Effect
- How Extreme Producers Create Massive Value
- By: John Sviokla, Mitch Cohen
- Narrated by: Erik Synnestvedt
- Length: 6 hrs and 17 mins
- Unabridged
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Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first massmarket personal computer. Or what Steve Case might have done for PepsiCo if he hadn't left for a gaming start-up that eventually became AOL. What if Salomon Brothers had kept Michael Bloomberg, or Bear Stearns had exploited the inventive ideas of Stephen Ross? Scores of top-tier entrepreneurs worked for established corporations before they struck out on their own and became self-made billionaires.
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Waste of time!
- By Anonymous User on 05-30-20
By: John Sviokla, and others
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The Lords of Strategy
- The Secret Intellectual History of the New Corporate World
- By: Walter Kiechel III
- Narrated by: Robertson Dean
- Length: 11 hrs and 46 mins
- Unabridged
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Imagine running a business without a strategy. It would be akin to driving blindfolded, to building a house without a blueprint. The concept of strategy changed all that, paving the way for the creation of the modern corporate world. The Lords of Strategy provides listeners with a deeper understanding of the world they compete in, and a sharper eye for what works — and what doesn’t — when forging strategy.
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Super Book of Narrow Interest
- By Roy on 08-23-10
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Inside Drucker's Brain
- By: Jeffrey A. Krames
- Narrated by: Sean Pratt
- Length: 6 hrs and 55 mins
- Unabridged
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In late 2003, Peter Drucker invited Jeffrey Krames to his home in Claremont, California, for a rare interview. The 94-year-old Drucker who had amassed an unprecedented body of published work, comprised of many hundreds of thousands of pages, spent a full day sharing his insights from a lifetime of management consulting and writing. This resulting audiobook is a simple guide that distills the essential wisdom from Drucker's considerable body of work.
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Learn From the Master
- By morton on 10-24-08
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The Founder's Dilemmas
- By: Noam Wasserman
- Narrated by: Mark Mosely
- Length: 13 hrs and 28 mins
- Unabridged
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Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin.
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Too much talk on the data
- By Stanley Tan on 10-02-14
By: Noam Wasserman
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What to Do When Machines Do Everything
- How to Get Ahead in a World of AI, Algorithms, Bots, and Big Data
- By: Malcolm Frank, Paul Roehrig, Ben Pring
- Narrated by: Eric Jason Martin
- Length: 7 hrs and 28 mins
- Unabridged
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What to Do When Machines Do Everything is a guidebook to succeeding in the next generation of the digital economy. When systems running on artificial intelligence can drive our cars, diagnose medical patients, and manage our finances more effectively than humans, it raises profound questions on the future of work and how companies compete.
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Assumes that machine learning will grow very slow
- By Nathan Burnham on 05-06-17
By: Malcolm Frank, and others
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Designing for Growth
- A Design Thinking Tool Kit for Managers
- By: Jeanne Liedtka, Tim Ogilvie
- Narrated by: Nicol Zanzarella
- Length: 6 hrs and 35 mins
- Unabridged
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Jeanne Liedtka and Tim Ogilvie educate listeners on one of the hottest trends in business development: "design thinking", or the ability to turn abstract ideas into practical applications for maximal business growth. Jeanne Liedtka's recent book, The Catalyst: How YOU Can Lead Extraordinary Growth, was named a Top Innovation and Design Thinking Book by Business Week. Tim Ogilvie has been hailed as a visionary for his pioneering contributions to service innovation, business model innovation, and customer experience design.
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Audiobook requires regular book
- By GoingGoingGone... on 07-01-18
By: Jeanne Liedtka, and others
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Seeing What Others Don't
- The Remarkable Ways We Gain Insights
- By: Gary Klein
- Narrated by: Christopher Lane
- Length: 9 hrs
- Unabridged
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Insights—like Darwin's understanding of the way evolution actually works, and Watson and Crick's breakthrough discoveries about the structure of DNA-can change the world. We also need insights into the everyday things that frustrate and confuse us so that we can more effectively solve problems and get things done. Yet we know very little about when, why, or how insights are formed—or what blocks them. In Seeing What Others Don't, renowned cognitive psychologist Gary Klein unravels the mystery.
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Not enough actionable ideas
- By Blair on 02-24-15
By: Gary Klein
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Moments of Impact
- How to Design Strategic Conversations That Accelerate Change
- By: Chris Ertel, Lisa Kay Solomon
- Narrated by: Sean Pratt
- Length: 7 hrs and 32 mins
- Unabridged
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Moments of Impact is an audiobook on a mission: to eradicate time-sucking, energy-depleting workshops and meetings. In our fast-changing world, organizations have important challenges and opportunities to address - and no time to waste. Moments of Impact delivers the single most useful resource for managers and leaders who need better strategic conversation - now - to shape the future of their organizations.
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Another audiobook failure. Buy the real book
- By Jonathan on 02-08-15
By: Chris Ertel, and others
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The Wide Lens
- A New Strategy for Innovation
- By: Ron Adner
- Narrated by: Walter Dixon
- Length: 6 hrs and 19 mins
- Unabridged
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How can great companies do everything right - identify real customer needs, deliver excellent innovations, beat their competitors to market - and still fail? The sad truth is that many companies fail because they focus too intensely on their own innovations, and then neglect the innovation ecosystems on which their success depends. In our increasingly interdependent world, winning requires more than just delivering on your own promises. It means ensuring that a host of partners - some visible, some hidden - deliver on their promises, too.
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Great book
- By Kindle Customer on 12-25-21
By: Ron Adner
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The Complete Guide to Mergers and Acquisitions
- Process Tools to Support M&A Integration at Every Level, 3rd Edition
- By: Timothy J. Galpin, Mark Herndon
- Narrated by: Paul Heitsch
- Length: 10 hrs and 39 mins
- Unabridged
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Merger and acquisition activity across the globe continues to grow, and is also playing a major role in the development of expanding markets. A well-managed integration effort is essential to success, and failure means a tremendous waste in terms of time and money, as well as the rapid destruction of shareholder value. The Complete Guide to Mergers and Acquisitions: Process Tools to Support M&A Integration at Every Level, Third Edition is an invaluable resource to guide firms in managing M&A integration and maximize the value of their deals.
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Sales brochure for the authors
- By J Garner on 04-18-22
By: Timothy J. Galpin, and others
What listeners say about Great by Choice
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- ZOLTAN
- 11-10-12
You just can't beat Jim Collins by Jim Collins!
If you could sum up Great by Choice in three words, what would they be?
Passion, facts and discipline lead to greatness in business (9 words!).
What other book might you compare Great by Choice to and why?
All of Jim Collins and Tom Peters books!
Have you listened to any of Jim Collins’s other performances before? How does this one compare?
No, just read them.
Did you have an extreme reaction to this book? Did it make you laugh or cry?
Perhaps energized is the right word.
Any additional comments?
If you're into business and?or leadership books then you should definitely listen to this one!
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- Brendon
- 05-24-12
Jim's narrative was painful at first, but soon got
Any additional comments?
Jim's narrative was painful at first, but soon got over that - the content in this one is fantastic - his best so far!!!
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1 person found this helpful
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- Willie
- 09-01-19
Good book and backed by data
Struggled to listen to reader sometimes. Almost sounds like some part we're made up. Message though was great and I learnt a lot
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- Trevor
- 04-16-12
More great anecdotes
What made the experience of listening to Great by Choice the most enjoyable?
Anecdotes help me visualise the crux of the topic. Then the reference back to business decisions and performance outcomes gives depth/ application
If you’ve listened to books by Jim Collins and Morten T Hansen before, how does this one compare?
Good to great is still the best
Which scene was your favorite?
Race to the South Pole
Was there a moment in the book that particularly moved you?
Nothing emotional, just lots of ideas to apply
Any additional comments?
Great body of work amongst his books - ideas about simplifying many actions down to principles.
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- Tom
- 08-06-12
Always enjoy Jim Collins' studies...
Where does Great by Choice rank among all the audiobooks you’ve listened to so far?
pretty good.
What was one of the most memorable moments of Great by Choice?
the stories used to illustrate his key points are memorable.
Which scene was your favorite?
the 20-mile march concept
Was there a moment in the book that particularly moved you?
the three key points as a whole is very sticky.
Any additional comments?
no
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- Henry
- 07-27-13
Well researched and a timely book for today.
What did you love best about Great by Choice?
Jim Collin's work is well researched and nicely argued. He has tried well to make sense of what makes companies successful and not so successful.
Did the narration match the pace of the story?
Yes. Being read by Jim Collin's himself, I think helped.
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Overall
- Femi A.
- 02-15-20
Very insightful
Awesome perspectives and analysis, great to have for anyone running or building a business
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- Cori
- 02-04-13
Another excellent addition to the "Great" family
I have read all the books by Jim Collins, and as an entrepreneur his offerings never fail to give me many great insights and new thinking in how to build and run my enterprises effectively and successfully. Highly recommended.
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- Neale Blackwood
- 10-24-15
Great by audio
Any additional comments?
Great book that extends the previous research and looks at what is needed to thrive in a constantly changing world. Examples from different areas of life are used as well as business examples. Some interesting insights some are counter intuitive. Highly recommend.
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- Danie Grobler
- 10-08-12
Informative, and valuable lessons in Business.
Would you recommend this audiobook to a friend? If so, why?
Yes, It has great concepts in the book about business and what makes one great.
What was one of the most memorable moments of Great by Choice?
There is many stories to explain the concepts in the book.
Was this a book you wanted to listen to all in one sitting?
Yes, you could stop listening.
Any additional comments?
Would advice it to anyone.
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