Tuesday, April 19, 2011

Good To Great

  • Good is the enemy of great.
  • Level 5 Leadership
    • "Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice."
    • Humble & Fearless.
    • Professional Will/Personal Humility.
  • First Who, Then What
    • "If we get the right people on the bus, the right people in the right seats and the wrong people off the bus."
    • "Great vision without great people is irrelevant."
    • "The right people don't need to be tightly managed or fired up.
    • "In a good to great transformation, people are not your most important asset. The right people are."
    • "The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving."
    • Practical Principles:
      • 1. When in doubt don't hire, keep looking.
      • 2. When you know you need to make a change, act.
      • 3. Put your best people on your biggest opportunities, not on your biggest problems.
  • How might you tell if someone is the right person on the bus?
  • Confront the Brutal Facts
    • "You absolutely cannot make a series of good decisions without first confronting the brutal facts."
  • Remember the Stockdale Paradox
    • retain faith that you will prevail in the end, regardless of the difficulties.
    • AND at the same time confront the most brutal facts of your current reality, whatever they might be.
  • What are your 3 circles?
    • what are you best in the world at?
    • what drives your economic engine?
    • what are you deeply passionate about?
  • The Hedgehog Concept
    • Know Thyself
    • It is an understanding of what you can be the best at.
  • A Culture of Discipline
  • "You focus on what you've accomplished relative to exactly what you said you were going to accomplish - no matter how tough the measure."
Summary:
Good things come to those who wait. No matter how long it takes, all that you've hoped for, will be worth it in the end. Never give up on your dream, and always find a way to fix your problems. If you can't find a solution, figure out plan B. With an optimistic attitude, any individual can look beyond the flaws and negativity and continue to look straight ahead and keep trying.

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