Oct
10

Jim Collins at the World Business Forum 2010

By
Good-to-great

Are you taking steps to build Greatness?

The opening speaker at the World Business Forum 2010  was Jim Collins.  What an opening! 

The following article written by my colleague Maureen Metcalf of Metcalf & Associates.  While I tweeted away during the event, she focused on writing blog articles.  Rather than reinvent the wheel so to speak, I will be posting the series of articles that she wrote.  Here’s the first of Maureen’s articles.

“Mr. Collins spoke about the syntheses of Good to Great, Built to Last, and how the Mighty Fall.  Sustaining Great Results What does a Level 5 Leaders do?

1.  Combat Hubris through ruthless self examination.  Level 5 Leaders are committed to the truth over the image they have of themselves and their companies.  They understand that only through rigor and discipline in thinking and action will the success continue long term.  They have the courage to ask the tough questions about their companies and themselves that enable them to face changing times.

2.   Combat the desire for too much too quickly. Level 5 Leaders understand the “right pace” for long term sustainable growth.  If a leader is building an organization that will last for 25 years and even 100 years, what does he/she need to do today to move forward 1 step today?  Great leaders build the team who can execute on goals and values impeccably then expand.  They regroup and recharge and plan before each next step to ensure successful implementation.

3.   Face the Brutal Facts and Act – Level 5 Leaders are willing to face the brutal facts and take the difficult action.  With a 25 year vision, clear values and principles, they make the tough decisions that will produce long term sustainable progress because it is what needs to be done.  This can mean making major changes to projects or products they value and may have created.

4.  Commit to Discipline and Rigor – Level 5 Leaders know that there are no quick fixes or short cuts to greatness.  Daily discipline and right action from all employees creates great results.  These results are not immediately visible.  Success is a combination of quick wins and long term daily actions aligned with the organizations’ goals and principles.

5.  Commit to Creating Value – Level 5 Leaders meet a need in the community that is not being filled by others.  They are driven by passion and commitment to improve the world – not for fame. They do what they do because at their core they are doing what they are called to do.   By responding to a larger purpose, the leader is able to make the tough calls at times with high personal cost.  They are able to make the toughest of calls.

Level 5 Leaders create long term value for their companies, employees, communities and the world by taking these actions.”

Faith here again – If you are interested in building Level 5 Leaders, I highly recommend talking with Maureen as business is building Level 5 Leaders.  You can visit her web-site for more information both about Level 5 Leaders and her companies services.

Comments

  1. Jackie says:

    Love to read such things, they always interest me and usually I have a question: why?

Guiding Principles

- Think Holistically
- Seek the Root Causes
- Respect the Individual
- Demonstrate Accountability
- Collaborate with Clients
- Work with Integrity, Always
- Relate to the Business Strategy
- Ensure Alignment
- Demonstrate Responsibility
- Transfer Skills

Thoughts and Quotes