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Building a Visionary Company

California Management ReviewPublished 1 January 1995
James C. Collins, Jerry I. Porras
Citations76
SJR quartileQ1
SJR score2.42

Abstract

What distinguishes visionary companies? How can they be created? Contrary to much conventional wisdom, visionary companies do not require a high-profile, charismatic leader. Nor are they dependent on a great idea or fabulous initial product. Rather a visionary company is best understood as a particular kind of organization—one which builds in a unique and distinctive vision that is capable of enduring changes in leadership as well as market conditions. In short, building a visionary company is like building a clock, rather than simply telling time.

Keywords

Business, Management and Accounting