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Good to great, or just good?

Niendorf, Bruce - ; Beck, Kristine - ;

Good to Great has been on BusinessWeek's best-seller list since its October 2001 release. In Good to Great, author Jim Collins identified a set of 11 firms as great, then used them to derive five management principles he believed led to "sustained great results." We contend that due to two fatal errors, Good to Great provides no evidence that applying the five principles to other firms or time periods will lead to anything other than average results. We explain the two errors and empirically test our contention. When ranked with the 2006 Fortune 500, the 11 Good to Great firms have an average ranking of 202nd. In addition, in terms of long-term stock return performance, the Good to Great firms do not differ significantly from the average company on the S&P 500. Our evidence is consistent with the conclusion that although the Good to Great firms may be good, they aren't great..Printed journal


Ketersediaan

Call NumberLocationAvailable
AMP2204PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2008
EdisiVol. 22, No. 4, Nov., 2008
SubjekData mining
Stock Returns
hedgehog concept
level 5 leadership
generalizability
Good to Great (GTG)
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik8 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
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