Why risky managers are more successful: beware as a mother of success?

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In "Stay Up. Always "is Jim Collins, author of the bestseller" The Road to the Best ", and Morten T. Hansen to the question of what CompanyThose who survive a crisis unscathed or even grow during a crisis, do things differently than the others. Based on their own long-term research work, the authors succeed in demonstrating clear differences between the companies based on interesting data and exciting comparisons.

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Risk Pleasure - Abyss instead of Olympus?


In turbulent times, you need courageous, visionary and risk-taking bosses? Nothing wrong with that, says Jim Collins, one of the world's top management strategists. Also joy of innovation is a virtue, which leads rather into the abyss than on the Olympus.

And those who consider speed as the means of choice to defy crises at most have "a sure way to go under." No polemics, but the insight from extensive research, the bestselling author Jim Collins together with Morten T. Hansen now in "Stay Up. Always. "Has published.

On the duel


Jim Collins has already written a World Order with "The Road to the Best". At the time, he wanted to find Outperformer. In "Stay Up. Always "he has changed the research question: what to do Companywho survive a crisis unscathed or even grow differently during a crisis than the others.

So his team has knelt down in the facts and compared the successful directly with the less successful companies. So it comes to exciting "duels" between Microsoft and Apple, between Southwest Airlines and PSA, Amgen and Genentech, Intel and AMD.

Courage, ambition, innovation?


The results are likely to go down to all the cautious in the country, such as oil. Because they are unique. It goes without saying that a good deal of courage or even naivety is needed to found, run or rebuild a business. But just because dangers lurk in principle on every corner, it is so important to take as little risks as possible.

Collins does not claim that the bosses of successful companies are despondent rabbits. But he says they are "not creative, not more visionary, not charismatic, not ambitious, not risk-taking, not heroic, not braver" than the others, the less successful business leaders.

What makes successful people different


What sets the successful ones apart from the others? Collins calls it the ability to "paradoxically reconcile control and non-control." And, of course, "discipline," which means "consistency in one's actions, consistency in values, and long-term goals."

Another feature of the successful entrepreneurs expresses Jim Collins with the somewhat strange formula "empirical creativity". Behind this is the observation that successful entrepreneurs deal intensively with all data and facts that are only somehow available - and draw their creative conclusions from them. Resilient data instead of cloud cuckoo homes.

Like Scott and Amundsen


Collins and Hansen present their findings in an exciting package. Scott and Amundsen, for example, are experimenting with ponies that slept in the snow and motor sleds that gave up their spirits after a few meters.

Amundsen, on the other hand, had been preparing for decades, lived with Eskimos, was able to deal perfectly with huskies, and he always planned enough reservations. While Scott and the rest of his troops were found frozen ten miles ahead of the camp.

Success recipe common sense


Conclusion: "Stay up. Always. "Describes basic entrepreneurial behaviors that are practiced on a daily basis in many places (otherwise there would be no successful companies). So much the better that Collins feeds common sense.

With interesting data and exciting comparisons. They help to provide entrepreneurs and bosses with security even in the case of unpopular actions, and to encourage them to swim against the current.

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