Level 5 Executives and How They Started to Groom Their Companies
Last week we started understanding concepts from Jim Collins’ book Good to Great. After analyzing companies that had met his criteria for explosive and sustained growth, he discovered that each had what he calls “Level 5 Executives”. While levels 1-4 include competent people, Level 5 Executives distinguish themselves by a “paradoxical mix of personal humility and professional will.” They are “fanatically driven to produce sustained results”. They make hard decisions and do whatever it takes to make the company great. They are not ambitious for themselves. He believes that many people have the potential to develop into Level 5 Executives. Level 5 leaders got started on the quest for turning a good company into a great company by bringing on the right people first before developing a vision and strategic plans. They got the best people in the right positions (eliminating people who were not appropriate) and then worked on vision and strategy.
Jeri Quinn at Driving IR helps leaders of small and medium sized businesses who want to grow their companies. Her specialty area is creating cultures where employees show initiative and take ownership of their work. Results include engaged employees, loyal customers/clients, lots of referrals, huge profit increases, more enjoyment and a sellable asset. What makes Jeri unique is her thirty five years experience starting, growing and selling businesses, 25 years at the helm of her own companies. You can obtain a Referral Success Kit with lots of ideas to reduce your client acquisition costs and grow your referral engine by going to her website. www.DrivingImprovedResults.com. Contact her directly at jeri@DrivingImprovedResuts.com or 212-923-5820 if you would like her to speak to your group, organization or tradeshow.
