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Greetings!
Welcome to the Impossible Futures IF Newsletter - a monthly guide to generating greatness in your organization.
As a subscription holder you will receive our monthly newsletter, which includes simple tips and suggestions on how to improve your business in the ways that matter most to you.
Inside this edition, is a Top 10 list that builds on last month's article on the "Seven Steps to Business Success" and a new addition to the newsletter, A Book Summary of the Month - this months Book being Good to Great by Jim Collins.
Please feel free to forward this newsletter to any and all of your friends and family who you think might be interested in it.
We look forward to a long relationship with each and every one of our subscribers, clients, friends and family.
Thank you, Don and JJ
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Top Ten List for Building a Strong Foundation in Business
by Don Ingram
Last Month, we gave you a run down on the Seven Steps to Business Success. In this edition, I would like to elaborate on the first step "Build a Strong Foundation", by offering my Top Ten List for Building a Strong Foundation. This list is borne from my observations and analysis of what works in the real world, and what enjoins people to respond to leaders in every day life. It is common sense put down on paper. And since we all know that common sense is not always common practice, I offer it here for your consideration.
1. Integrity Above All Else: The choices we make on the little things say a lot about how we will react when a big decision hits. Learn early to do the right thing, and not just the thing right. 2. Character Counts: Respect and disciplined behavior are visible reminders of the internal compass of a leader. Give respect to receive it, serve to be served, praise sincerely, discipline privately.
Full Article
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This Month's Book Summary
Good to Great, Why Some Companies Make the Leap. . . And Others Don't. by Jim Collins
Jim Collins follows up his original book, Built to Last, Successful Habits of Visionary Companies, with an even more enlightening book that identifies and evaluates what allows only a small fraction of Fortune 500 companies to make the transition of merely good companies to truly great companies.
'Great,' as Collins defines it, is sustained exceptional growth that exceeds the market average,
according to a number of metrics. Using these criteria,
Collins and his research team exhaustively catalogued published articles and conducted in-depth interviews with various members of the businesses in hopes to understand what made these companies stand out from the rest of the business world. The resulting data is presented in Good to Great in
simple and compelling detail. Over the course of the first eight chapters, Collins addresses a
number of leadership, cultural, personnel, operational practices, behaviors,
and attitudes that are the basis for what is needed for a company to transition from good-to-great. The overarching theme throughout his findings is 'Discipline'. Specifically he states that Greatness is about creating a Culture of Disciplined, as defined by "Disciplined people who engage in disciplined thought and who take disciplined action." Finally, in the final chapter of the book, Collins brings together the findings of the two research projects that became both Good to Great and Built to Last.
To read the rest of the summary with a Chapter by Chapter breakdown, click here.
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