5Level 5 Leadership“Level 5” Refers to a five-level hierarchy of executive capabilities with Level 5 at the top. Humility + Will = Level 5 “Level 5 Leaders are ambitious… first and foremost for the company, not themselves”
6Research“Leadership is the answer to everything” is like saying “God is the answer to everything”Where did Level 5 Come From?Collins ignored executivesTeam DisagreedFound that Level 5 Leadership was consistent in all great companiesComparison companies lacked Level 5 Leadership
7Ambition for the Company: Setting Up Successors for Success Key part in making business sustainable and ultimately making the business great.Ambition first and foremost for the company and concern for its success rather than one’s own riches and personal renown.In over 3 quarters of the comparison companies successors were setup for failure, or chose weak successors, or both.
8A Compelling Modesty Not to be confused with false modesty Great leaders tended to place more emphasis on others and the company, rather than themselves.Did not take credit for themselves, even where it was due.“Seemingly ordinary people producing extraordinary results.”
9Unwavering Resolve… to Do What Must Be Done Level 5 leaders are driven to produce resultsYou must be willing to do whatever it takesPromoting from within = stronger resolve
10The Window in the Mirror Level 5 leaders look out the window to apportion credit to factors outside themselves when things go wellAt the same time, they look in the mirror to apportion responsibility, never blaming bad luck when things go poorlySimplified, they accept blame for bad, and give credit to others for good.
11Level 5 Summarized Modesty & Humility Will Someone who does not care about the creditAccepts blame for failures – but does not give upWillDirect ambitions towards companies’ goals first and foremostStrong Resolve
12Atypical Leadership Characteristics Tend to be introvertsLess charismaticHighly motivated (not really atypical)Motivated more by success of company than themselves