Business Quote by James C. Collins
““Enduring great companies preserve their core values and purpose while their business strategies and operating practices endlessly adapt to a changing world. This is the magical combination of “preserve the core and stimulate progress.””
About This Quote
Source Book: Good to Great, 2001
Successful companies keep core values while constantly adapting strategies to changing markets.
In simple terms: Preserve core, embrace change.
Key Takeaway
Balance tradition with innovation.
Themes
leadership
adaptation
values
Mood
strategic
pragmatic
Type
business
inspirational
When to use this quote
- business transformation
- product development
- market entry
Key Concepts
strategic management
organizational culture
Questions to Reflect On
- How do you identify core values?
- When should you pivot strategy?
A Different Perspective
Overemphasis on core may hinder agility.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)