This document discusses level 5 leadership, which is characterized by humility and fierce resolve. It provides examples of companies that transitioned from good to great under level 5 leadership, experiencing stock returns 3 times higher than the market. Level 5 leaders keep things simple, focus on teamwork, and are able to usher the right people onto the bus and the wrong people off while deciding where the bus is going. They credit others for success and blame themselves for failures. Developing the skills of a level 5 leader involves giving credit, seeing asking for help as a strength, putting work first, finding and developing people, checking one's ego, and being passionate.