Jim Collins and Mort Hansen, co-authors of the book Great By Choice, discuss their research on fundamental business concepts and why some companies excel in chaos, turbulence, and uncertainty while others do not. Jim describes it as the most fascinating analysis that heâ€™s ever been associated with in nearly twenty five years of research. Some of those fascinating insights include the role of luck and innovation, their â€œtriad of behaviorsâ€, as well as firing your â€œbulletsâ€ and then firing your â€œcannonballs.â€ Companies like IBM, Microsoft, Southwest and Pacific Airlines have used these techniques with great success.
Jim Collins is the coauthor of Built to Last: Successful Habits of Visionary Companies. Formerly a lecturer at the Stanford Graduate School of Business, he jettisoned a traditional academic career in order to chart his own path. Today, he operates a management research laboratory in Boulder, Colorado. Previously, Collins held positions at McKinsey & Company and Hewlett-Packard.
Morten T. Hansen is a management professor at the University of California, Berkeley (School of Information), and at INSEAD. Formerly a professor at Harvard Business School, Morten holds a PhD from Stanford Graduate School of Business, where he was a Fulbright scholar. He is the author of Collaboration and the winner of the Administrative Science Quarterly Award for exceptional contributions to the field of organization studies. Previously a manager with the Boston Consulting Group, Morten consults and gives talks for companies worldwide.
For additional training on this topic, consider these AMA seminars:
*Managing Chaos: Tools to Set Priorities and Make Decisions Under Pressure
*Managing Chaos: Dynamic Time Management, Recall, Reading and Stress Management Skills for Administrative Professionals
*Confronting the Tough Stuff: Management Skills for Supervisors