Level 5 Leadership: Leaders who are humble, but driven to do what’s best for the company

Seven Characteristics of Companies that went from Good to Great

  • Level 5 Leadership: Leaders who are humble, but driven to do what’s best for the company.
  • First Who, Then What: Get the right people on the bus, then figure out where to go. Finding the right people and trying them out in different positions.
  • Confront the Brutal Facts: The Stockdale paradox – Confront the brutal truth of the situation, yet at the same time, never give up hope.
  • Hedgehog Concept: Three overlapping circles: What makes you money? What could you be best in the world at? and What lights your fire?
  • Culture of Discipline: Rinsing the cottage cheese.
  • Technology Accelerators: Using technology to accelerate growth, within the three circles of the hedgehog concept.
  • The Flywheel: The additive effect of many small initiatives; they act on each other like compound interest.

Good to Great