BESTSELLING AUTHOR AND TEACHER OF LEADERSHIP, JIM COLLINS.
Last year whilst at the New York Study Tour we attended The World Business Forum, I had the pleasure of hearing from and meeting Jim Collins. I think its a perfect time to share Jim’s perspectives on “How to Lead in a Disruptive World” and here are my notes from his session on Leadership.
- The behaviours and characteristics necessary to lead effectively in a fast changing world.
- What it takes to build long-term sustained performance into the DNA of an organisation.
- The keys to achieving a culture of discipline with an ethic of entrepreneurship.
- How we can increase our Return on Luck, making the most of our good luck and bad.
- Recognising and stopping the five stages of corporate decline.
Greatness is not a function of circumstance or luck, but a matter of conscious choice coupled with incredible discipline.Jim Collins
This is according to Jim Collins, who has been researching what makes great companies tick for more than a quarter of a century. In his presentation delivered at the World Business Forum’s 2019 New York City event, ‘Super Minds,’ Jim laid out the leadership traits required for companies make the leap from good to great.
- Disciplined leadership: Great leaders come in a range of personality
types but always share the paradoxical traits of personal humility combined with an indomitable will. These leaders display a willingness to put them- selves in service of the greater cause they are serving – they never make it about themselves.
- Disciplined thought: Change can only come when leaders confront the
“brutal facts,” because they will inevitably confront you. Only when you do this, in conjunction with embracing “The Stockade Paradox” (unwavering faith that you can and will prevail in the end), can organizations navigate times of peril successfully.
- Turn the flywheel: Nothing great happens overnight or can be achieved in one fell swoop. Instead, develop a process of turning a heavy flywheel to build momentum until a point of breakthrough. What is your organization’s flywheel?
- Build greatness to last: Of all companies on the 1955 Fortune 500 list,
less than 15 percent are here today. To survive, companies require a productive paranoia built into their culture. Build a company that can survive without the CEO by creating a set of timeless core values, purpose and having a relentless drive for progress.
• Level 5 leaders understand that you cannot motivate the wrong people into the right people. Get the right people and don’t demotivate them.
• Stop putting your best people on your biggest problems, instead put them on your biggest opportunities.
• Discipline is consistency of action. The signature of mediocrity is not
unwillingness to change, but chronic inconsistency.
Jim has authored or co-authored six books that have sold in total more than ten million copies worldwide, including classics such as Good to Great and Built to Last. He is Driven by relentless curiosity and passion for his work, for more than a quarter of a century Collins has been researching what makes great companies tick.
Collins began his research and teaching career on the faculty at Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. But instead of taking a traditional career path in academia, Collins began researching a question of particular personal interest – how some leaders build companies that remain visionary for generations, which became the basis of his 1994 bestseller Built to Last.
The success of Built to Last allowed Collins to set up his own management laboratory in Boulder Colorado, and in 2001 he published his second hit Good to Great. Collins has gone on to publish further bestsellers including How the Mighty Fall and most recently, Great By Choice.
In addition to his work in the business sector, Collins has a passion for learning and teaching in the social sectors, including education, healthcare, government, faith-based organisations, social ventures, and cause-driven nonprofits. He is also an avid and highly accomplished rock climber, completing one-day ascents of the north face of Half Dome and the 3,000 foot south face of El Capitan in Yosemite Valley.