What is Level 5 Leadership?
Level Five Leadership, proposed by Collins (2001), is based on the idea that respect towards people, selflessness by the leader, and a strong powerful commitment to achieve results, bring out the best in subordinates.
What are Level 5 Leaders?
Level 5 leaders are a paradoxical blend of fierce will and personal humility. They are stubborn and ruthless. Yet they are humble. They are ambitious for their company, and rarely allow their ego to be an obstacle for the success of their organization.
Though they accomplish great things for their organizations, they attribute their remarkable accomplishments to their people, external factors and sheer luck.
Level 5 Leaders lead with the help of disciplined people, disciplined thought and disciplined action.
What is the Level 5 Leadership Formula?
The Right People (culture, character rather than competence) + Humility + Strong Professional Will (regarding the goal) = Success.
What are the Steps in the Level 5 Leadership Process?
- Hire the right people.
- Deploy them in the jobs which they are “intended” to do.
- Set a really high long-term goal. (BHAG).