level 5 leadership
TRANSCRIPT
Level 5 Leadership
“You can accomplish anything in life, provided that you do not mind who gets the credit.”
– Harry S. Truman
Faculty member at Stanford Graduate School of Business
Served as senior executive at CNN International Founded a management laboratory in Boulder,
Colorado – conducts multi year research projects
Student and teacher of lasting great companies Business consultant, author, lecturer – on
business growth and sustainability
Jim Collins
Books: How the Mighty Fall: And Why Some
Companies Never Give In Good to Great Built to Last Good to Great and the Social Sectors Beyond Entrepreneurship
Jim Collins
LEVEL 5 - Level 5 ExecutiveLEVEL 4 - Effective LeaderLEVEL 3 - Competent ManagerLEVEL 2 - Contributing Team
MemberLEVEL 1 - Highly capable individual
Level 5 Hierarchy
Humility + Will = Level 5 leadership
Abraham Lincoln
Darwin Smith – Kimberly Clark
Colman Mockler - Gillette
Examples of Level 5 Executives
CEO of Kimberly Clark KC before Darwin Smith was a mediocre
player – Middling Paper industry Return fell 36% below General stock market
Darwin E Smith
Level 5 leaders have ambition for the company and its success
Level 5 leaders set up company for success in the future
Comparison leaders have ambition for themselves
Comparison leaders set up company for failure in the future
Ambition- Level 5 VS. Comparison
Level 5 leaders do not promote themselves Level 5 leaders are not interested in
credit/recognition
Comparison leaders are very I-centric Comparison leaders want credit/recognition
in magazines, interviews, photographs
Modesty – Level 5 VS. Comparison
Level 5 is not only about humility and self-less ness
Level 5 always does whatever it takes to make the company great Fire Relatives End Lasting Traditions Fight off corporate raiders
Level 5 Unwavering Resolve
Window- Credit outside themselves – in good situations
Mirror- To take responsibility – in bad situations
Level 5 leaders tend to attribute luck for success rather than their own efforts
The Window and Mirror Effect
Select over-the-top dazzling celebrity leaders and over look quiet modest Level 5 leaders
Thinking a high-profile outside leader can come in and shake up the place 10 of 11 Level 5 CEOs came from inside the
company
Common Mistakes Companies Make
Two types of people: those who do not have the seed of Level 5 and those who do Without Seed: Work will always be about what
they get – fame, money, power
With Seed: These can evolve under the right circumstances to be Level 5 – self-reflection, personal development, a mentor
Can You Learn to be a Level 5 Leader?