I am admittedly a creature of habit. I like to run and when I do I listen to books, podcasts and talks. This is a great time for learning and really letting things sink down deeply in my understanding. I also (as a creature of habit) find myself going back to books I’ve listened to in the past. In recent days I’m re-listening to Good to Great by Jim Collins.
Though I love every part of this book, I’m most impressed with the chapter on Level 5 Leadership. Collins’ definition is simple: “Level 5 leaders blend the paradoxical combination of deep personal humility with intense professional will.” This is, as Collins puts it, a “study in duality.” The following are among some of the phrases Collins uses to describe the duality of a Level 5 leader:
Demonstrates a compelling modesty, shunning public adulation. Creates superb results, a clear catalyst in the transition from good to great.
Acts with quiet, calm determination; relies principally on inspired standards, not inspiring charisma, to motivate. Demonstrates an unwavering resolve to do whatever must be done to produce the best long-term results, no matter how difficult.
Channels ambition into the company, not to self; sets up successor for even more greatness in the next generation. Sets the standard of building an enduring great company; will settle for nothing less.
Looks in the mirror, not out the window, to apportion responsibility for poor results, never blaming other people, external factors or bad luck. Looks out the window, not in the mirror, to apportion credit for the success of the company – to other people, external factors and good luck.
So can you and I become a Level 5 leader? Collins was asked this question and after stating he wasn’t sure (because their research didn’t delve into that topic) he said there are two categories of people—those who don’t have the Level 5 seed within them and those who do.
The first category consists of people who could never subjugate their own needs to the greater ambition of something larger and more lasting than themselves. The second category consists of people who could evolve to Level 5; the capability resides within them, perhaps buried or ignored or simply nascent. Under the right circumstances—with self-reflection, a mentor, loving parents, a significant life experience, or other factors—the seed can begin to develop.
This inspires me and should give all of hope that we can lead teams and products and companies to success.
The Product Management Perspective: Product management provides a great opportunity to nurture leaders at your company. If you have responsibility for hiring product management or product marketing professionals, take the time to find the right people. Be rigorous in your search and interview processes and put your best PMs on your biggest opportunities.