"Good To Great" Book Quiz Questions And Answers

Enduring great companies are able to maintain their success by staying true to their core values and purpose, while also being flexible and adaptable to the changing business landscape. This means that while their strategies and practices may evolve over time, they always remain aligned with their fundamental beliefs and goals. This ability to balance stability and innovation is what sets them apart and allows them to thrive in a dynamic environment. Therefore, the statement that enduring great companies preserve their core values and purpose while adapting to a changing world is true.

When you have the right people on the bus, it means that you have a capable and competent team. In such a scenario, assigning blame becomes unnecessary and counterproductive. The focus should be on learning from mistakes and finding solutions rather than blaming individuals. This fosters a culture of collaboration, growth, and accountability within the team. Therefore, the correct approach is to never assign blame.

The statement suggests that the first step in achieving success is to have the right people on board and remove those who are not suitable. Once this is done, the next step is to determine the direction or goals to pursue. This implies that the statement is true, as it highlights the importance of having the right team before planning the strategy.

When technology is used correctly, it has the ability to speed up or accelerate progress and momentum. It can enhance and amplify various processes, making them more efficient and effective. Therefore, the correct answer is "an accelerator."

The statement suggests that good-to-great companies prioritize being rigorous rather than ruthless. This means they focus on maintaining high standards, being disciplined, and following a systematic approach to achieve success. They do not resort to ruthless or unethical practices to get ahead. This approach helps them build a strong foundation, maintain integrity, and sustain long-term success.

This is why we don't have great schools or great lives because we have good schools and good lives. It is easy to settle for "good." pg.1

Collins compares great leaders to hedgehogs and not-so-great leaders to foxes. This analogy suggests that great leaders possess focused and consistent strategies, much like how hedgehogs have a single defense mechanism - rolling into a ball. On the other hand, not-so-great leaders are compared to foxes, which are known for their cunning and unpredictable behavior. This implies that these leaders lack a clear and consistent approach, making them less effective in their leadership roles.

A Level 5 Executive is the type of person who should be in order to run a successful business. This term was coined by Jim Collins in his book "Good to Great" and refers to leaders who possess a unique combination of humility and fierce resolve. Level 5 Executives are highly capable individuals who prioritize the success of the company over their own personal ambitions. They are competent managers, effective leaders, and contributing team members, making them well-rounded and capable of driving the business towards long-term success.

The statement suggests that when things are going well, one should attribute it to "good luck". However, this is not necessarily true as success or positive outcomes can often be a result of hard work, skills, and effort rather than mere luck. It is important to acknowledge and recognize one's own abilities and efforts instead of attributing everything to luck.

It is important to have a passion for what we do as it can lead to greater motivation, fulfillment, and success. When we are passionate about our work, we are more likely to put in the effort required to excel and overcome challenges. It also helps to maintain a positive attitude and enjoyment in our daily tasks. Therefore, the statement "We should get passionate about what we do" is true.