Jim Collins' addressee Summit
Thursday, August 5, 2010 at 11:41AM You can be sick on the inside and sill look strong on the inside.
5 Stages of Decline
Hubris born of success
Hubris- outrageous arrogance to believe our success over the feelings of others.
Three different leaders
Darwin Smith
Ann Mulgehee- Xerox
Herb Calaher SWA
What do they have in common- it's not about them and they never give up.
"good to great leaders are different because the signature of the leader was humility."
An absolute obsession to do whatever it takes to let it happen
2. undisciplined pursuit of more.
This is what brings down the mighty. Biggest sign is breaking "packards law" Always make sure that we have the right people. Get the right people on the bus and then decide where to drive.
3. Denial of risk and peril
On the outside you really look great. Do we look more like a team on the way up or a team on the way down?
The stockdale paradox-- POW. He could be pulled out of his cell and be tortured... How did you get through it? He said it was defining moment of his life. The optimist didn't make it out. They were the ones who waited for Christmas. You must never confuse faith from facts. The ability to put faith and facts together.
4. Grasping for salvation
They went looking for the next if thing. Next new leader. Find you leader from within. Success is never a single event. Discipline... Keep pushing. Turn upon turn. It's a leadership flywheel. It doesn't happen any other way!
5 Capitulation
The game is over.
Todo list
10 of them
Do your diagnostics
Count your blessings-- literally! On spreadsheet! It's humbling
What is your questions to statements ratio- askthe right questions. "Jim, it seems you spend way too much time trying to be intredting
With that team assemble an inventory of the brutal facts.
Have a stop-doing list
Define results and show milestones
Double your reach to young people
Set a bhag- a big hairy audacious goal
You can never give in
The path out of darkness begins through passionate persistence.
Be willing to change tactics but never give up on the core fundamentals.
Be willing to embrace loss without ever giving up on your core values.

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