W h y s o m e c o m p a n I e s m a k e t h e



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Good-to-Great
47
L
EVE
L
5
+
A
"G
ENIUS
W
I
T
H
A
M
ANAGEMENT
T
EAM
T
HOUSAND
H
ELPERS
"
(Good-to-Great Companies)
( Comparison Companies)
F
I
R
S
T
W
H
O
Get the right people on the bus. Build a superior executive team. Set a vision for whereto drive the bus. Develop a road map for driving the bus. Once you have the right people in place, figure out the best path to greatness. Enlist a crew of highly capable "helpers" to make the vision happen. strategy lay in the group dialogue and shared insights of the talented executive team. The "genius with a thousand helpers" model is particularly prevalent in the unsustained comparison companies. The most classic case comes from a man known as the Sphinx, Henry Singleton of Teledyne. Singleton grew upon a Texas ranch, with the childhood dream of becoming a great businessman in the model of the rugged individualist. Armed with a PhD. from MIT, he founded The name Teledyne derives from Greek and means "force applied at a distance
7
'-an apt name, as the central force holding the far-flung empire together was Henry Singleton himself. Through acquisitions, Singleton built the company from a small enterprise to number
293 on the Fortune
500 list in six Within ten years, he'd completed more than
100 acquisitions, eventually creating a far-flung enterprise with
130 profit centers in everything from exotic metals to Amazingly, the whole system worked, with Singleton


48
Jim
Collins
T
ELEDYNE
C
ORPORATION
A Classic "Genius with a Thousand Helpers" Ratio of Cumulative Stock Returns to General Market, January
1, 1967 January
1, 1996

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