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CHAPTER 7 BUILDING A CHAMPIONSHIP TEAM

First Get The Right People On the Bus, Then
Decide Where to Take the Bus

In the best-selling book ‘From Good to Great’, author Jim
Collins studied how CEOs took existing average companies
and turned them into exceptional market leaders within a
short period of time.

What did the CEOs do that made the companies the best in
the world? Did the new CEO come up with a new vision,
develop a new strategy or create a new product line? NO.
In all of the cases, they found that the first thing the incoming
CEO did was to get the wrong people out of the company
(through firings and retrenchments) and to get the right people
in! Their belief was that if you have the right people in the
company, the challenge of how to motivate and manage
people largely goes away. The right people don’t need to be
tightly managed or constantly motivated.

They are already self-motivated individuals who driven to
bring out the best in themselves, and produce the best results.

However if you have the wrong people in the company (i.e.
those without passion, competence and motivation), it does
not matter whether you come up with a great vision or strategic
plan; you will never build a great company. Great vision
without great people is irrelevant.

Extracted from Jim Collins book, ‘From Good to Great”
The executives who ignited the transformations from good to great did
not first figure out where to drive the bus and then get people to take it
there. No, they first got the right people on the bus (and the wrong people
off the bus) and then figured out where to drive it. They said, in essence,
“Look, I don’t really know where we should take this bus. But I know this
much: If we get the right people on the bus, the right people in the right
seats, and the wrong people off the bus, then we’ll figure out how to take
it someplace great.”

200 SECRETS OF BUILDING MULTI-MILLION DOLLAR BUSINESSES