Why Have Good When You Can Have A Great Career


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Good Job or Great Career?
Things to consider in your decision.

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Why Have Good When You Can Have A Great Career

  1. 1. Why Have a Good Job When You Can Have a Great Career? Learn to Go from Good to Great! (Adapted from the book and research including Good to Great by Jim Collins) Presented by VaNessa Vollmer, Psy.D. www.SuccessRealized.com
  2. 2. What You’ll Learn <ul><li>Celebrity executives almost never lead good companies to greatness. </li></ul><ul><li>You can’t achieve great things without great people. </li></ul><ul><li>Good-to-Great leaders embody a paradoxical mix of personal humility and professional will. </li></ul><ul><li>Many companies create strategy, then try to rally people around it; good to great companies start with great people and build great results from their efforts. </li></ul>
  3. 3. What You’ll Learn <ul><li>Simplicity Rules. </li></ul><ul><li>To go from Good to Great requires leaders to know what their organizations are passionate about, what drives their economic engine, and at what they can (and cannot) be the best in the world. </li></ul>
  4. 4. What You Will Learn <ul><li>Enterprise-wide discipline is essential. </li></ul><ul><li>Technology is an accelerator. </li></ul><ul><li>When you combine a culture of discipline with an ethic of entrepreneurship, you are more likely to achieve great results. </li></ul><ul><li>Good to Great companies do not jump on technological bandwagons or chase after fads. They determine what technology makes the most sense for them, then pioneer its application. </li></ul>
  5. 5. The Good-to-Great Benchmark <ul><li>Companies had to have experienced 15 year cumulative stock returns that were at or below the stock market, punctuated by a transition point, then cumulative returns at least three times the market over the next fifteen years. </li></ul>
  6. 6. The Good-to-Great Benchmark <ul><li>Each Company had to demonstrate the good-to-great pattern independent of its industry. </li></ul><ul><li>Each company had to demonstrate a pattern of results. </li></ul>
  7. 7. The Good-to-Great Benchmark <ul><li>Each company was compared to other similar companies that either never made the good-to-great leap (or made it but did not sustain it), in order to determine what distinguished the good-to-great company from all others. </li></ul><ul><li>Good to Great Companies were identified by research findings of distinct patterns in behavior in those who led each company, and the concerned disciplined people that followed them in thought & action . </li></ul>
  8. 8. Disciplined People- Level 5 Leadership Clarified <ul><li>One might think that such companies are led by high profile leaders with big personalities, those who make headlines and become celebrities. </li></ul><ul><li>Those leaders that thrive in the spotlight do not exude what can be termed “Level 5 Leadership” behaviors. </li></ul>
  9. 9. Disciplined People- Level 5 Leadership Clarified <ul><li>Leaders of this type combine extreme personal humility with intense professional will – shun the attention of celebrity, channeling their ambition toward the goal of building a great company. </li></ul>
  10. 10. What are the 5 levels? <ul><li>Level 5 Executive </li></ul><ul><li>Effective Leader (4) </li></ul><ul><li>Competent Manager (3) </li></ul><ul><li>Builds Enduring Greatness through a paradoxical blend of humility and professional will. </li></ul><ul><li>Catalyzes commitment to and vigorous pursuit of a clear and compelling vision. Stimulating high performance standards. </li></ul><ul><li>Organizes people & resources toward the effective and efficient pursuit of predetermined objectives. </li></ul>
  11. 11. 5 Levels of Leadership <ul><li>Contributing Team Member (2) </li></ul><ul><li>Highly Capable Individual (1) </li></ul><ul><li>Contributes individual capabilities to the achievement of group objectives and works effectively with others in a group setting. </li></ul><ul><li>Makes productive contributions through talent, knowledge, skills and good work habits. </li></ul>
  12. 12. Level 5 Leadership Qualities <ul><li>They set up successors for success. </li></ul><ul><ul><li>Many leaders fail to set their companies up for success when they depart, or pick a weaker leader to replace them. Thinking: What better testament to your own personal greatness than the place falls apart after you leave? </li></ul></ul>
  13. 13. Level 5 Leadership Qualities <ul><li>They are compellingly modest. </li></ul><ul><ul><li>Ordinary people producing extraordinary results. </li></ul></ul>
  14. 14. Level 5 Leadership Qualities <ul><li>They have unwavering resolve. </li></ul><ul><ul><li>An almost stoic determination to do whatever needs to be done to make the company great. </li></ul></ul>
  15. 15. Which is the correct order? <ul><li>Compelling new vision, strategy, or direction, around which management will gain people’s commitment? </li></ul><ul><li>Get the right people onboard and the wrong people off board then figure out where to go? </li></ul>
  16. 16. First Who…Then What + Simple Truths <ul><li>If you begin with “who,” rather than the “what” you can more easily adapt to a changing world. </li></ul><ul><li>If you have the right people on the bus, the problem of how to motivate and manage people largely goes away. </li></ul><ul><li>If you have the wrong people, it doesn’t matter whether you discover the right direction- you still won’t have a great company. </li></ul><ul><ul><li>Great vision without great people is irrelevant. </li></ul></ul>
  17. 17. Disciplined Thoughts <ul><li>Confront the Brutal Facts </li></ul><ul><li>All good-to-great companies began the process of finding a path to greatness by confronting the facts of their current reality. </li></ul>
  18. 18. Disciplined Thoughts <ul><li>When a company starts with an honest & diligent effort to determine the truth of its situation, the right decisions often become self evident. </li></ul>
  19. 19. Technology Acceleration <ul><li>Find the Right Technologies. </li></ul><ul><ul><li>Good to Great Companies never began their transitions with pioneering technology, for the simple reason that you cannot make good use of technology until you know which technologies are relevant. </li></ul></ul>
  20. 20. Technology Acceleration <ul><li>Don’t Overreact to New Technology </li></ul><ul><ul><li>Mediocre: react & lurch based on fear of what they don’t understand, i.e. 90’s. </li></ul></ul><ul><ul><li>Great: Stay true to their fundamentals, maintain balance & accumulate momentum. </li></ul></ul>
  21. 21. Your Career Decision <ul><li>You can work for a good company </li></ul><ul><li>OR </li></ul><ul><li>You can work for a great company </li></ul><ul><ul><li>It’s your career </li></ul></ul><ul><ul><li>Make an informed decision. </li></ul></ul><ul><ul><li>Consider aligning your values with your company’s values. </li></ul></ul><ul><ul><li>Hit the excellence ‘afterburner’ button! </li></ul></ul>