...PROJECT IN QUALITY Nikolas Bellosillo TC303 INTRODUCTION This book review is for our QUALITY subject with our professor Mr. R. Romero. The book is entitled Built to Last: Successful habits of Visionary companies By Jim Collins and Jerry Porras, published by HarperCollins Publishers. Built to Last is a blueprint for building organizations that will endure long into the twenty-first century. "This is not a book about charismatic visionary leaders. It is not about visionary product concepts or visionary products or visionary market insights. Nor is it about just having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies." So write Jim Collins and Jerry Porras in this groundbreaking book that shatters myths, provides new insights, and gives practical guidance to those who would like to build landmark companies that stand the test of time. Drawing upon a six-year research project at the Stanford University Graduate School of Business, Collins and Porras took eighteen truly exceptional and long-lasting companies -- they have an average age of nearly one hundred years and have outperformed the general stock market by a factor of fifteen since 1926 -- and studied each company in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations...
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...April 9, 2012 Visionary and Enduring Companies Jerry Porras’ video about leadership and vision was thought provoking. The last few years of my college education; I’ve learned that there are many different philosophies, theories and leadership models or styles that you should follow to be a great leader. So I thought that this was another motivational speech that would rally your thoughts and give you the drive or foresight to be the best leader. Instead he made me think and I answered the simple basic questions he posed. When Porras talked about leadership, he asked simple questions, as a leader where do you see yourself or the world in the future, and how does it affect the way you lead? Porras’ co-wrote a book called “Built to Last” which studied the fundamental differences about visionary companies and how they differ from other companies. A visionary company is a company that had or has a significant impact on the world. It is also a company that is widely admired by its peers and that it has a long track record of success. It also has multiple generations of leaders, product growth and a successful industry cycle. An enduring company is defined as a company that is thriving and doing well for at least a period of ten years. Porras talked about companies who in the beginning where small, then grew to medium and continued to grow. These companies had to endure the pain of ups and downs and turbulent times but in the long run they remained...
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...criticisms on Built to Last with Good to Great, by unfolding sought-after information on how to turn a company into a great one. ‘Good to Great: Why Some Companies Make the Leap…and Others Don’t’ written by Jim Collins in 2001 is the outcome of a rather ambitious research project. Collins and his team studied 11 companies, chosen out of 1,435 companies, which were able to transform themselves from ‘good’ companies to ‘great’ companies. These 11 companies were included based on at least 15 years of advanced performance. The research demonstrates the course of action that ‘good’ companies take on their journey to becoming ‘great’. Jim Collins began his research as a Stanford Graduate School of Business faculty member. At Stanford University, Collins has degrees in mathematics and business administration, as well as degrees from the University of Colorado and the Peter F. Drucker Graduate School of Management at Claremont Graduate University. In 1995, he founded a management laboratory in Boulder, Colorado where he continues to perform research and discuss his findings with executives from social and corporate areas. Collins has worked with CEOs in several companies and social sector organizations. He is the author and co-author of five books that revolve around his research including Built to Last, with Jerry I. Porras, which covers visionary companies in their battle against the challenges of time. Collins describes Good to Great as the prequel to Built to Last, as he claims it...
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...[22:02:48] simas: Goal 1 [22:02:51] simas: Goal 2 [22:02:55] simas: and Goal 3 [22:02:59] simas: :) by eli goldratt [22:03:13] simas: than [22:03:17] simas: The choice [22:03:20] simas: by the same author [22:03:25] simas: :) a bit much harder [22:03:26] simas: read [22:03:35] simas: actually not an easy [22:03:36] simas: way [22:03:43] simas: read [22:03:47] simas: not way [22:03:56] simas: but still interesting [22:04:15] simas: Funky business [22:04:21] simas: i think there are 2 books [22:04:23] simas: funky business [22:04:26] simas: and funky business 2 [22:04:27] simas: :D [22:04:40] simas: han how to clone a blonde i think its called this way [22:04:45] simas: tipping oint [22:04:47] simas: point [22:05:05] Lusya: oki doki, these all sounds grrrreat! [22:05:22] simas: Who moved my chease [22:05:25] simas: ? [22:05:41] simas: Than [22:06:02] simas: Purple cow [22:06:03] Lusya: you read all of the above?! [22:06:07] simas: yeah [22:06:13] simas: maybe 1 or 2 books i havent [22:06:22] simas: dont remmber need to re read [22:06:24] simas: :D [22:06:29] Lusya: wow [22:06:45] Lusya: book possessed u r lol [22:06:54] simas: I read them during the years [22:06:55] simas: :)) [22:06:59] simas: soo not all now [22:07:00] simas: :)) [22:07:02] simas: but yeah [22:07:05] simas: let me se there are more [22:07:15] Lusya: very well done man, no seriously [22:11:41] simas: Now [22:11:42] simas: a [22:11:46] simas: list of books i did not read ...
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...Leadership Think Tank 2005 1 Built to Last Jim Collins/Jerry Porras Harper Business Essentials (Paperback Edition) 368 Pages ISBN: 0060516402 Chapter ONE On the basis of substantial research, Jim Collins and Jerry Porras observe the distinctive habits of companies of enduring greatness. In the words of the authors, “Visionary companies are premier institutions – the crown jewels – in their industries, widely admired by their peers, and having a long track record of making a significant impact on the world around them.” Visionary leaders and breakthrough ideas come and go, but visionary companies survive the transitions. The “successful habits” of the visionary companies were observed in comparison to “silver medalist” companies in the same industry. Both the visionary and comparison companies outperformed the market, but the visionary companies demonstrated extraordinary long-term results. The tandems most frequently referenced in the book are GE/Westinghouse, HP/Texas Instruments, Motorola/Zenith, P&G/Colgate, Merck/Pfizer, and Wal-Mart/Ames. These comparisons dispelled commonly held myths regarding the nature of exceptional companies. Myth Reality 1 It takes a great idea to start a great company Visionary companies did not demonstrate early success 2 Visionary companies require great and charismatic visionary leaders Leaders of visionary companies were focused on building great institutions as opposed to building their individual reputations ...
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...In: Business and Management Core Ideology Core ideology, core purpose, envisioned future – these are the essentials that constantly reminds us of who we are and where we’re going. Having read the article “Building Your Company’s Vision” by James C. Collins and Jerry I. Porras makes me want to think of doing things that contribute to the general welfare rather than doing things because I just have to. It gives me purpose and something that keeps me going. It gives me reasons to love what I do and to pursue excellence in order that I may fulfill my purpose and satisfy my personal needs that goes beyond the salary, needs that seek deeper than what it looks on the outside. It defines mine and the organization’s being linked together. The companies that have been mentioned have long been recognized successful and famous in their own industry and this article explains why they are where they are now. Such motivational stories would be of great help to those organizations who seek improvement and development in their structure as a whole. Keeping up with this dynamic world isn’t easy and every organization needs something to hold on so they won’t lose their balance and just fall off from the cliff where they stand. One wrong move and everything will be messed up. This gives them the core that is unchanging, the core that is permanent and lives within the organization, the people, and everything is geared because of that certain thing. This article stresses the...
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...The halo effect refers to a bias whereby the perception of a positive trait in a person or product positively influences further judgments about traits of that person or products by the same manufacturer. One of the more common halo effects is the judgment that a good looking person is intelligent and amiable. There is also a reverse halo effect whereby perception of a negative or undesirable trait in individuals, brands, or other things influences further negative judgments about the traits of that individual, brand, etc. If a person "looks evil" or "looks guilty" you may judge anything he says or does with suspicion; eventually you may feel confident that you have confirmed your first impression with solid evidence when, in fact, your evidence is completely tainted and conditioned by your first impression. The hope that the halo effect will influence a judge or jury is one reason some criminal lawyers might like their clients to be clean-shaven and dressed neatly when they appear at trial. The phrase was coined by psychologist Edward Thorndike in 1920 to describe the way commanding officers rated their soldiers. He found that officers usually judged their men as being either good or bad "right across the board. There was little mixing of traits; few people were said to be good in one respect but bad in another."* The old saying that first impressions make lasting impressions is at the heart of the halo effect. If a soldier made a good (or bad) first impression on his...
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...Core ideology, core purpose, envisioned future – these are the essentials that constantly reminds us of who we are and where we’re going. Having read the article “Building Your Company’s Vision” by James C. Collins and Jerry I. Porras makes me want to think of doing things that contribute to the general welfare rather than doing things because I just have to. It gives me purpose and something that keeps me going. It gives me reasons to love what I do and to pursue excellence in order that I may fulfill my purpose and satisfy my personal needs that goes beyond the salary, needs that seek deeper than what it looks on the outside. It defines mine and the organization’s being linked together. The companies that have been mentioned have long been recognized successful and famous in their own industry and this article explains why they are where they are now. Such motivational stories would be of great help to those organizations who seek improvement and development in their structure as a whole. Keeping up with this dynamic world isn’t easy and every organization needs something to hold on so they won’t lose their balance and just fall off from the cliff where they stand. One wrong move and everything will be messed up. This gives them the core that is unchanging, the core that is permanent and lives within the organization, the people, and everything is geared because of that certain thing. This article stresses the importance of having core ideology and core purpose...
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...Whether all the shareholders must consent to the election of S status, under section 1362(a)(2)? C. Whether the election of S status is effective if a C corporation does not meet all the requirements in the election year, under Reg §1.1362-6(2)(ii)(B)? D. Whether an S corporation can keep its C corporation tax year, which ends in June 30, without documenting any business purpose, under the provision of section 1378(b)? E. Whether a newly elected S corporation has to recapture LIFO amount in inventory, according to section 1363(d), to the extent of how much? F. Whether a newly elected S corporation shall recognize the built-in gain from the sale of the appreciated land under section 1374(b)(2), to the extent of how much? G. Whether an S corporation is allowed to use net operating losses incurred from previous C corporation years to offset the net recognized built-in gain for the succeeding S corporation years, in compliance with section 1371(b)(1)? H. Whether the S corporation can deduct all the accident and health insurance, and defined contribution pension plan, under section Conclusion: A. To become a valid S corporation, a C corporation must file the election and meet the requirements for small business corporation, which includes having one class of stock and not having foreign shareholder or partnership shareholder. B. An elected S status is not effective unless all the shareholders consent to the election. C. S status will be effective at the beginning of its...
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...Imagine walking 2,000 miles day after day with little to no resources. Family members keep getting sick because of disease or fatigue. Stopping is not an option unless it is noon or night. There isn't much food to eat and what can be eaten is barely enough to keep energy up. The Oregon Trail was a 2,000 mile journey with very limited resources. Eventually, the traveling of the Oregon Trail came to a halt when the Transcontinental Railroad was built. The Oregon Trail and Transcontinental Railroad were built because of Americans wanting to expand westward. Once called 'the Emigrant Road', the Oregon Trail was a challenge that many faced to have better lives. Though some journeyed off the path and went to other parts of what is now the U.S., the Oregon Trail started in Independence, Missouri and ended in Oregon City, Oregon. Many emigrants took the tail to form new or better lives. Although farmers were the majority, all types of people took the Oregon Trail (Brooke). Starting in the 1840's, emigrants loaded Prairie Schooners with items that guide books told them to put in their wagons. Most of the items in the wagons were food. The wagons were normally pulled by oxen, but some people chose to have horses or mules pull their wagon....
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...more than $50 million each last year by Tami Luhby @Luhby October 20, 2015: 10:53 AM ET The number of American gazillionaires is on the rise. Some 134 people each took home more than $50 million in compensation from their jobs last year, according to newly released statistics from the Social Security Administration. That's up 110 people a year earlier. Most were high-level executives who left their jobs or retired, cashing in their hefty deferred compensation packages that built up over the years, said David Cay Johnston, who teaches at Syracuse College of Law. Some may also have sold businesses and have to take the proceeds as income. And there may be a few actors and athletes sprinkled in. The statistics cover cash compensation workers receive on the job. They don't include the capital gains they may have made from selling stocks, typically a large source of income for the wealthy. America's working stiffs, however, haven't fared as well. Workers' median wage came in at $28,850, erasing more than a decade of gains. Though it's inched up over the past two years, the median wage is just above where it was in 1999. So while employers are hiring, they aren't boosting wages for new recruits. "As well-paid workers are leaving the workforce, those being brought in are being paid less," Johnston said, who first reported the findings in an opinion piece for Al Jazeera America. On the brighter side, the labor market grew by 4 million workers last year, bringing the total...
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...Lisboa 1. Torre de Belém - Built in 1515 as a fortress to guard the entrance to Lisbon's harbor, the Belem Tower was the starting point for many of the voyages of discovery, and for the sailors it was the last sight of their homeland. It was a starting point for Vasco da Gama and his crewmen on their way to India. It is a monument to Portugal's Age of Discovery, often serving as a symbol of the country, and UNESCO has listed it as a World Heritage monument. Opening Hours October to May From 10.00 a.m. to 5.30 p.m. (last admission at 5.00 p.m.) How to Get There Where: Avenida da India, Belem. City bus lines: 727, 28, 729, 714 and 751 Tram: 15 Suburban train: Belém station Ferry: Belém Ferry station Tickets Individual ticket: €6 Student Card: 50% discount 2. Padrão dos Descobrimentos - is a monument on the northern bank of the Tagus River estuary, in the civil parish of Santa Maria de Belém, Lisbon. Located along the river where ships departed to explore and trade with India and Orient, the monument celebrates the Portuguese Age of Discovery (or Age of Exploration) during the 15th and 16th centuries. Opening Hours Winter Schedule October to February 10am - 6pm | Tuesday to Sunday Last Admissions: 5:30pm How to Get There City bus lines: 727, 728, 729, 714 and 751 Tram 15 Suburban train: Belém station Pedestrian Tunnels: next to CCB Footbridges: next to Belem Station and to Torre de Belém Tickets Regular ticket 4,00€ 3. The Jeronimos...
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...I have had the greatest adventure traveling back in time visiting a few periods in history and I want to share my experiences with everyone. The first period I visited was the Egyptian Civilization, particularly the period of The Great Pyramids. After that I traveled to central Italy for a look at the Roman Civilization wanting to learn about the Etruscans and see the Tomb of the Reliefs. Finally I traveled to Milan during the Italian Renaissance to see the painting of The Last Supper by Leonardo de Vinci. Egypt is bustling during this period in time as the people are building The Great Pyramid for their Pharaoh and divine ruler Cheops. Cheops is the second Pharaoh of the fourth dynasty of Egypt and rules a unified country along with relatives and administrators. He is also the Pharaoh that commissioned the building of The Great Pyramid, which would become one of the Seven Wonders of the World. The Great Pyramid is built as a tomb from which Cheops or his spirit will ascend to the heavens and the sun God RA, who is believed to be the father of all things. The Egyptians believed that their body goes on in an afterlife. To the Egyptians the afterlife is a culmination of their lives work. The Pharaohs strive for a good afterlife and all of the people of the Pharaoh’s dynasty strive for and work toward that same goal. Part of what makes this civilization and culture so productive is the way they work for the unified causes of pleasing the Gods and having a good afterlife...
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...The Native Americans told many stories of the way the Earth was created and how the animals, humans, and geographical features came to be on the Earth. Many of the stories the Native Americans told about the creation of the Earth had similarities and differences in them. Four such stories about creation that were similar and yet different were, “How the World was Made”, “The Creation of the World”, “The Story of Creation”, and “The Story of the Emergence”. All of these stories have unique similarities and differences in them that should be explored, as well as a short summary of the stories. The first story was “How the World was Made” and it says that the world was first a large island that floats in a large sea of water. This story fortels...
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...merchandise and organized into various departments for sales and administrative purposes.[1] In the past, stores like The Outlet, Gladding and Shepards had trouble keeping up with modern times and eventually this led them to close down. If a department store cannot keep up with this modernization it is in danger of failing. Department stores overall, start to fail due to the social and economic problems that occur in Providence. This paper, therefore will investigate the rise and the fall of these three department store retailers as well as taking a look at why these more modern department stores are struggling to this day. The Outlet is a department store that was built in 1891. It was built under the two brothers Leon and Joseph Samuels and was located on Weybosset Street.[2] Immediately after being built, The Outlet started competing with another department store by the name of Shepards. The Outlet began sending out newspapers that were intended to attract potential buyers. At first these newspapers were more on the plain side; they had columns among columns of words and very few pictures.[3] As the years went on, the Outlet management realized that everyday news and pictures of merchandise resulted in more people...
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