What does that even mean?
What does that even mean?
[0] http://www.amazon.co.uk/Good-To-Great-Jim-Collins/dp/0712676...
http://www.amazon.com/The-Halo-Effect-Business-Delusions/dp/...
Some of the companies listed went from good to great to below average to completely gone.
http://freakonomics.com/2008/07/28/from-good-to-great-to-bel...
As the author points out in the above link
"The future is always hard to predict, and understanding the past is valuable; on the other hand, the implicit message of these business books is that the principles that these companies use not only have made them good in the past, but position them for continued success."
Another example that comes to mind is Ron Johnson http://en.wikipedia.org/wiki/Ron_Johnson_(businessman)
He did great at Target and then at Apple but almost brought down JC Pennny
So, Jobs was an outlier. But the eulogizing is starting to get out of hand.
I can think of a few faster turnarounds: Lee Iacocca at Chrysler or Gerstner at IBM. Howard Schulz is another example of a founder returning to the company to turn it around.
Some of these have done a better job than others of lasting through the turnaround CEO (and others it's too soon to tell).
Apple didn't takeoff until the iPod was available for Windows, and then they went into the stratosphere with the iPhone.