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Category: Entrepreneurial

  • The “Rule of Ordinary People”

    This is the business model adopted by finite minded factory model oriented organizations.

    The business model is:

    The model will be operated by people with the lowest possible level of skill”

    Adopted from Seth Godin’s book Linchpin , outlunes why such environments are graveyard for innovative people

  • What is PERL in a factory model?

    Organizations running their business in a factory model mode , have the goal of having the highest PERL which stands for Percentage of Easily Replaced Labors

    If you can easily replace most workers , you pay them less and hence make more money.

    In such an environment , needlessly to say risk-rewards dominate

    Adopted from Seth Godin’s book Linchpin

  • Can anyone with a “title” be a leader?

    “A leader without a title is better than a title without the ability to lead.”

    Adopted from Simon Sinek’s great quotes

  • The art of “being present”

    “You do not get to decide if you are being present.You are truly present when someone else says you are.”

    Adopted from Simon Sinek’s great quotes

  • How to build trust?

    “Trust is built by telling the truth , not telling people what they want to hear.”

    Adopted from Simon Sinek’s great quotes

  • Striking characteristics of Level 5 Infinite minded leaders

    Listed below are some of key characteristics of level 5 infinite minded leaders who leave behind a legacy.

    1. Display compelling modesty , are self effacing and understated
    2. They are fanatically driven infected with an incredible need to produce sustained results
    3. Display workmanlike diligence
    4. Have an internal locus of control – When the results are great they attribute it to good luck and other key personnel whereas when the results are not in favor they accept accountability

    Adopted from Jim Collins’s book Good to Great

  • Fine line between level 5 leaders and egocentric leaders

    Level 5 leaders set up their successors for even greater success in the next generation whereas egocentric yet very talented leaders often set up their successors for failure to prove their greatness.

    Adopted from Jim Collins’s book titled Good to Great

  • Level 5 leaders embody a paradoxical mix of?

    Level 5 leaders embody a paradoxical mix of personal humility and professional will.They are ambitious first and foremost for the company not themselves.

    Adopted from Jim Collins’s book titled “Good to Great”

  • The two prerequisites of Level 5 leadership

    The two components are 1) Professional Will and 2) Personal Humility

    Personal Will – Looks in the mirror not out of the window to apportion responsibility for poor results never blaming other people , external factors or bad luck

    Personal Humility – Looks out the window not in the mirror to apportion credit for the success of the company – to other people , external factors and good luck

    Adopted from Jim Collins’s book Good To Great

  • How Level 5 leaders take accountability for their actions

    Level 5 leaders look out of the window to apportion credit to factors outside themselves when things go well , if they cannot find a specific person to give credit to , they credit good luck.

    At the same time , they look in the mirror to apportion responsibility never blaming bad luck when things go poorly.

    Adopted from Jim Collins’s book Good To Great