Friday, November 10th, 2017

Level 5 Leaders

“The purpose of bureaucracy is to compensate for incompetence and lack of discipline.” – Jim Collins

I certainly hope, by now, you have all read Good to Great by Jim Collins. In it he introduced us to the concept of Level 5 leaders. He found that truly great companies had what he coined as Level 5 leaders.

Level 5 leaders have humility. They don’t seek success for their own recognition. They see success as necessary so that the team and the firm can thrive. Level 5 leaders share credit for success and accept blame for failures.

Something interesting to me is that Collins found that these Level 5 leaders were often shy but fearless when it┬ácame to making decisions. Level 5 leaders possess fierce resolve with personal humility. That’s something rare to find when considering your next managing partner!

The Level 5 leaders also have the the skills of the other 4 levels of leadership. Here’s a link to a short video from HBR that explains Level 5 leadership.

  • "Great vision without great people is irrelevant."
  • Jim Collins

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