The sociology of management jim collins-good to great

no. The sociology of Management ” JIM COLLINS-GOOD TO GREAT What are the characteristics of a Good-to-Great Company?
a. Must have level five leadership skills: in this cases the leaders of these companies must be humble with the mind set of driving ideas that are best for the company
b. These companies must understand who comes first and then what about these people (Collins 62). With this characteristic, the companies are expected to have the right people on the track. Hence, the company leaders are expected to seek the right persons and test them for different positions.
c. These leaders should also confront organizational brutal facts
d. The organizations must also adopt and implement the Hedgehog concept. This concept seeks to understand their strength and do better on it.
e. The company must also adopt and maintain the discipline culture
f. Companies must ever accelerate their technological adoption and implementation since according to Collins, technology accelerates companies’ growth.
g. Finally, companies must embrace small but many small initiatives.
2. What defines the culture of a Good to Great Company? (Collins chapter 6)
a. The culture of any great company is that a company must be discipline whereby all the employees must be self-driven towards meeting the organizational set goals and objectives.
3. Why does Collins prefer Hedgehogs to Foxes? (Collins chapter 5)
a. Collins prefers the Hedgehogs to Foxes since the former helps in providing quick solution to rising organizational problems. Moreover, Hedgehogs has effective repetitive response to these organizational problems.
4. Why Was the C. E. O. of Chrysler a Level 4 leader? (Collins chapter 2)
a. According to Collins, level 4 leaders usually think of themselves as the sole drivers of organizational success. They usually use terms as ‘ I” which according to Collins, they are just egocentric.
5. How does Collins measure the transition from Good to Great? Market Share? No! Not Market Share! So what performance indicator did he use? Nucor Steels comparison company was?
a. The measure of transition from good to great include the move by the company to build, contribute, and create opportunities that will make it have the right people on bus. It is worth noting that the first step to this move is when the leaders of such company see the need to changes of the same kind and submitting to all challenging or subjective terms of management. Additionally, transition from good to great also requires a company to analyze its financial performance including its performance in the stock market and in this cases, the company must ensure that its market shares exceeds the market average. Collins used business literature with handful of companies to arrive to his conclusions. From the comparison of companies, Nucor Steels was already a great company since it managed to create more than 3x stock market shares to the its shareholders.
6. Darwin Smith made a number of big decisions. Describe one of them.
a. One of the Darwin Smith’s major decisions is the selling of all the traditional paper mills. It should be noted that the traditional paper mills where the Kimberly Clark’s business’ majority. After selling the traditional paper mills, Smith invested all of it into consumer paper business. This was considered as huge and a painful step bur he had to do it anyway. With determination to success, this decision made Kimberly Clark the number one consumer product globally. Notably, Darwin Smith is among Collins’ good to great leaders.
7. Who is Collins hero? He named a paradox after him. Professor Reader made a number of criticisms of Collins model. State one or perhaps two. Joe Cullman was selected as a Level 5 leader. A problematic choice given Collins emphasis on the importance of being an ethical corporation(Collins chapter two)
a. Collins’ heroes are those managers who can transform organization from good to great through selflessness with inclusion of right minds.
b. Among the most important criticism of the Collin’s model is that it lacks disconfirming research. In this case, there are concerns that Collins and collogues in their research work never used or searched for counterexamples to strengthen their finds. For instance, they could have also research for companies that met all the good to great characteristics.
c. Joe Cullman was chosen because he ensured that his employees were disciple and he never took great for the success of the company but appreciated the contribution of all employees.
Work Cited
Collins, James C. Good to Great: Why Some Companies Make the Leap… and Others Dont. London: Random House, 2001. Print.