The Key To Greatness: Start with the right people, ask them the right questions, and engage them in vigorous debate.
To be rigorous, not ruthless, means that the best people need not worry about their positions and can concentrate fully on their work.
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Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious— but their ambition is first and foremost for the institution, not themselves.
Level 5 leadership is not just about humility and modesty. It is equally about ferocious resolve, an almost stoic determination to do whatever needs to be done to make the company great.
Spending time and energy trying to “motivate” people is a waste of effort. The real question is not, “How do we motivate our people?” If you have the right people, they will be self-motivated. The key is to not de-motivate them. One of the primary ways to de-motivate people is to ignore the brutal facts of reality.
The moment a leader allows himself to become the primary reality people worry about, rather than reality being the primary reality, you have a recipe for mediocrity, or worse. This is one of the key reasons why less charismatic leaders often produce better long-term results than their more charismatic counterparts.
Hedgehog Concept is a simple, crystalline concept that flows from a deep understanding of the intersection of the following three circles:
An agile life is one that can easily respond to change. Where you’re not overly constrained by rigid planning, but can rather adapt and get things done in a way that fits your goals and the constant randomness of life.
While we may not like to admit this, we all are making a lot of bad decisions, be it our personal lives, careers or in our jobs. Here is what research says about making good decisions:
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