Sunday, December 11, 2011

Great, Good and Gone

A few days back, Times of India, Bangalore edition reported, Britannia firing 40 employees in one-go while following thier new "Mantra"
 called "GREAT,GOOD AND GONE“

Jim Colins mentioned in his book Good to Great, that, "Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice.”


What such decisions, as one taken by Britannia, entail that Level 5 leadership instinct came to play.


What is level 5 ledership is not style but a phenomena. Welcome move Britannia, well done!

LEVEL 5 LEADER DEFINED

PROFESSIONAL WILL

Creates superb results, a clear catalyst in the transition from good to great.
Demonstrates an unwavering resolve to do whatever must be done to produce the best long-term results, no matter how difficult.
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.

PERSONAL HUMILITY



Demonstrates a compelling modesty, shunning public adulation; never boastful.
Acts with quiet, calm determination; relies principally on inspired standards, not inspiring charisma, to motivate.
Channels ambition into the company, not the self; sets up successors for even greater success in the next generation.
Looks out the window, not in the mirror, to apportion credit for the success of the company—to other people, external factors, and good luck.

The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.  

Practical principles:

1. When in doubt don’t hire, keep looking.

2. When you know you need to make a people change, act.

3. Put your best people on your biggest opportunities, not on your biggest problems.

Creating a climate where truth is heard:

1. Lead with questions, not answers.
2. Engage in dialogue and debate, not coercion.
3. Conduct autopsies, without blame.
4. Build “red flag” mechanisms.


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