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Catch the Vision - Advanced Training of the Masterminds Talk

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Catch the Vision …

Catch the Vision
Advanced Training of the Masterminds
PowerMax Energy
December 9, 2006
Dallas, Texas

Overview of Good to Great by Jim Collins

Published in: Business, Technology
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  • 1. Good to Great Built to Last By Jim Collins
  • 2.
    • ” That´s what makes death so hard –
    • unsatisfied curiosity.”
    • Beryl Markham
    • West with the Night
  • 3. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 4.
    • ” You can accomplish anything in life,
    • provided that you do not mind
    • who gets the credit.”
    • Harry S. Truman
  • 5. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 6. 5–Level 5 Executive 4–Effective Leader 3–Competent Manager 2–Contributing Team Member 1–Highly Capable Individual
  • 7.
    • HUMILITY + WILL = LEVEL 5
  • 8.
    • Sets the standard of building an enduring great company; will settle for nothing less.
    • Looks in the mirror, not out the window, to apportion responsibility for poor results, never blaming other people, external factors, or bad luck.
    • Potential Level 5 leaders exist all around us, if we just know what to look for, and that many people have the potential to evolve into Level 5.
    • Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results. They are resolved to do whatever it takes to make the company great, no matter how big or hard the decisions.
  • 9.
    • “ There are going to be times when we can’t wait for somebody. Now, you’re either on the bus or off the bus.”
    • Ken Kesey
    • The Electric Kool-Aid Acid Test by Tom Wolfe
  • 10. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 11.
    • People are not your most important asset. The right people are.
  • 12.
    • “ There is no worse mistake in public leadership than to hold out false hopes soon to be swept away.”
    • Winston S Churchill
    • The Hinge of Fate
  • 13. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 14.
    • Facts are better than dreams.
    • A climate where the truth is heard.
    • Unwavering faith amid the brutal facts.
    • The Stockdale paradox
  • 15.
    • Embrace the Stockdale Paradox: You must retain absolute faith that you can and 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.
  • 16.
    • “ Know thyself.”
    • Scribes of Delphi
    • via Plato
  • 17. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 18.
    • Are you a Hedgehog
    • or a
    • Fox?
  • 19. WHAT YOU ARE DEEPLY PASSIONATE ABOUT WHAT YOU CAN BE THE BEST IN THE WORLD AT WHAT DRIVES YOUR ECONOMIC ENGINE BHAG
  • 20. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 21.
    • Rinsing Your Cottage Cheese
    • The good-to-great companies at their best followed a simple mantra: “Anything that does not fit with our Hedgehog Concept, we will not do. We will not launch unrelated businesses. We will not make unrelated acquisitions. We will not do unrelated joint ventures. If it doesn’t fit, we don’t do it. Period.
  • 22.
    • Do you have a “to do” list?
    • Do you also have a “stop doing” list?
  • 23. “ Most men would rather die, than think. Many do.” Bertrand Russell
  • 24. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 25.
    • Certainly, technology is important – you can’t remain a laggard and hope to be great. But technology by itself is never a primary cause of either greatness or decline.
    • When used right, technology becomes an accelerator of momentum, not a creator of it. To help give you momentum PowerMax is bringing to you a powerful new website.
  • 26. “ Revolution means turning the wheel.” Igor Stravinsky
  • 27. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough
  • 28.
    • Signs That You are on
    • the Flywheel
    • - Reach breakthrough by an accumulation of steps, one after the other, turn by turn of the flywheel; feels like an organic evolutionary process.
    • Signs That You are in the Doom Loop
    • - Implement big programs, radical change efforts, dramatic revolutions; chronic restructuring – always looking for a miracle moment or new saviour.
  • 29.
    • Signs That You are on
    • the Flywheel
    • - Confront the brutal facts to see clearly what steps must be taken to build momentum.
    • Signs That You are in the Doom Loop
    • - Embrace fads and engage in management hoopla, rather than confront the brutal facts.
  • 30.
    • Signs That You are on
    • the Flywheel
    • - Attain consistency with a clear Hedgehog Concept, resolutely staying within the three circles.
    • Signs That You are in the Doom Loop
    • - Demonstrate chronic inconsistency – lurching back and forth and straying far outside of the three circles.
  • 31.
    • Signs That You are on
    • the Flywheel
    • - Follow the pattern of disciplined people (”first who”), disciplined thought, disciplined action.
    • Signs That You are in the Doom Loop
    • - Jump right to action, without disciplined thought and without first getting the right people on the bus.
  • 32.
    • Signs That You are on
    • the Flywheel
    • - Spend little energy trying to motivate or align people; the momentum of the flywheel is infectious.
    • Signs That You are in the Doom Loop
    • - Spend a lot of energy trying to align and motivate people, rallying them around new visions.
  • 33.
    • Signs That You are on
    • the Flywheel
    • - Let results do most of the talking.
    • Signs That You are in the Doom Loop
    • - Sell the future, to compensate for lack of results.
  • 34.
    • Signs That You are on
    • the Flywheel
    • - Maintain consistency over time; each generation builds on the work of previous generations; the flywheel continues to build momentum.
    • Signs That You are in the Doom Loop
    • - Demonstrate inconsistency over time; each new leader brings a radical new path; the flywheel grinds to a halt, and the doom loop begins anew.
  • 35. “ It is your Work in life that is the ultimate seduction.” Pablo Picasso
  • 36. Preserve Core Values Core Purpose CHANGE Cultural and Operating Practices Specific Goals and Strategies
  • 37. Level 5 Leadership First Who… Then What Confront the Brutal Facts Hedgehog Concept Culture of Discipline Technology Accelerators Disciplined People Disciplined Thought Disciplined Action Flywheel Buildup Breakthrough

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