“Success is when reality looks like what is in our imagination”
Adopted from Simon Sinek’s book Together is Better
Category: Leadership
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The two most important components of culture
Culture has two main components:
- Values
- Behavior
To build a culture based on trust satisfying these two components needs a lot of work and risk on the part of an infinite minded leader.
Adopted from the book “The Infinite Game”
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How “trust” turns on the human brain
Human brain is hardwired to protect ourselves.We avoid danger and seek out places in which we feel safe.The best place is to be around people with whom we feel safe and the most anxiety inducing place is to be alone.
Thus a trustworthy environment is the best catalyst to get the best out of team members part of high performing teams.
Adopted from the book “The Infinite Game”
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Characteristics of trusting teams
These are teams where people feel psychologically safe with each other to express their vulnerability and hence these are high performing teams.
Adopted from Simon Sinek’s book “The Infinite Game”
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When leaders show their bias for scores
A finite minded , short term oriented leader tends to show a bias for the score.
As a result they often opt for choices that demonstrate results in the short time frame even if doing so “regrettably”
Adopted from Simon Sinek’s book titled “The Infinite Game”
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Understanding the traits of finite minded leader Al Dunlap
Al Dunlap hired as the CEO of Scott Paper loved to loudly beat his own chest boasting about personal accomplishment putting numbers over people
He personally accrued $100 million for 603 days of work by slashing the workforce , cutting R&D budget to half and putting company on growth steroids in preparation for sale
Presence of such a person with gargantuan personal ego contributes to personal demise or continued mediocrity of a company
Adopted from the book Good to Great
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When top executives choose weak successors
Companies where powerful executives set their successors up for failure or choose weak successors are doomed for failure
Stanley Gault the top executive in once iconic Rubbermaid did not want to leave behind a company that would be great without him
His chosen successor lasted just a year and eventually Rubbermaid was acquired by Newell
Adopted from Jim Collins book Good to Great
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Colman Mockler’s selfless level 5 leadership
Colman Mockler was the CEO of Gillette from 1975 to 91
There were in all three attacks aimed at destroying the company during his tenure
The last one wherein Coniston Partners initiated a proxy battle to seize control of the board hoping to sell the company to the highest bidder to quickly realize gains
Looking at the immediate gain of 44% most executives would have fallen in the trap , not Mockler who instead chose to fight for future greatness of Gillette
Adopted from Jim Collins’s book Good to Great
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TWO QUALITIES of LEVEL 5 LEADERS
In his best selling book, Good to Great, Jim Collins mentions about Humility and will power as the two most essential qualities of level 5 leaders.
“These are leaders who build enduring greatness through a paradoxical blend of personal humility and professional will” – Jim Collins’s book Good to Great
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How Level 5 leaders channelize their ego
Level 5 leaders channel their ego needs away from themselves and into a larger goal of building a great company
It is not that Level 5 leaders have no ego or self interest, they are incredibly ambitious but their ambition is first and foremost for the institution and not themselves
Adopted from Jim Collins’s book Good To Great