good to great

Jim Collins

What is it all about?

Its about what goes into

a company’s transformation from mediocre to excellent.

The Good to Great Framework

Level 5 Leadership

1

What does it take to be a

Level 5 Leader?

Level 1 - Highly Capable IndividualLevel 2 - Contributing Team MemberLevel 3 - Competent ManagerLevel 4 - Effective LeaderLevel 5 - Executive

Level 5 = Humility + Professional Will + Modesty + Resolve + Determination

2First Who.. Then What..

GET THE RIGHT PEOPLE ON THE BUS FIRST, AND

THE WRONG PEOPLE OFF THE BUS, THEN FIGURE OUT WHAT DIRECTION TO DRIVE THE COMPANY.

THE RIGHT PEOPLE WILL DO THE RIGHT THINGS AND

DELIVER THE BEST RESULTS REGARDLESS OF THE INCENTIVE SYSTEM.

LETTING THE WRONG PEOPLE HANG AROUND IS UNFAIR TO ALL THE RIGHT PEOPLE.

EVERY MINUTE DEVOTED TO PUTTING THE PROPER PERSON IN THE PROPER SLOT IS WORTH

WEEKS OF TIME LATER.

3Confront The Brutal Facts

FACTS ARE BETTER THAN DREAMS

Good 2 Great Companies

infused the entire process

with the brutal facts of reality

THERE IS NOTHING WRONG WITH PURSUINGA VISION OF GREATNESS.

Good 2 Great Companies

continually refined the path to greatness

with the brutal facts of reality.

One of the single most de-motivating actionsyou can hold is

to hold out false hopes SOON TO BE SWEPT AWAY

BY EVENTS.

How Do YouC.R.E.A.T.E.

A CLIMATEWhere The Truth Is Heard?

1. Lead with Questions not Answers2. Engage in dialogue & debate3. Conduct Autopsies without blame4. Build “red-flag” mechanisms that turn info into info that cannot be ignored

4The HedgeHog Concept

Hedgehogs simplify a complex world into a single basic organizing principle

that unifies or guides the daily life.

Everything else outside this basic concept is irrelevant and not worth wasting energy on.

The essence of profound insight is simplicity.

Hedgehogs see what is essential, and ignore the rest.

5

Culture of Discipline

1. Avoid bureaucracy & hierarchy

2. Create a culture of discipline with an ethic of entrepreneurship.

3. Build a culture around the idea of freedom & responsibility

4. Fill that culture with people willing to go to extreme lengths to fulfill their

responsibilities.

5. Don’t confuse a culture of discipline with a tyrannical disciplinarian

6. Create a “Stop Doing List” as well as a “To-Do List”

6

Technology Accelerators

Pause

Think

Crawl

Walk

Run

1. Good to Great companies avoid technology fads & bandwagons.

2. If the technology fit in the Hedgehog Concept,

you need to pioneer in the application of that technology.

3. G2G use technology as an accelerator of momentum,

not a creator of it.

7

1. An overnight success is usually the result of a decade of hard work.

2. People will naturally help push the wheel in one direction when they begin

to see tangible results.

8

9

1. G2C companies used mergers as accelerators of momentum,not creators of momentum.

2. Two big mediocrities joined togetherdo not make one great company.

3. You cannot buy your way to greatness.

.: Thank You :.