The second session of the Willow Creek Global Leadership Summit featured best-selling author Jim Collins. Both Built to Last and Good to Great have been important books in the leadership and management genre. They have introduced language like: "Level 5 Leader", BHAG (Big Hairy Audacious Goal), "Right people in the right seats on the bus", and more. However, in this talk Collins content came from his latest book, How The Mighty Have Fallen. In this session he laid out a very strong warning to leaders in the for-profit and not-for profit world by identifying the "5 Stage of Decline":
STAGE #1: Hubris Born of Success
- Success leads to outrageous arrogance. Bad decisions made with good intentions are still bad decisions.
- Level 5 leaders never give up and know it's not about them.
STAGE #2: Undisciplined Pursuit of More
- We must resist growth until we have the right leaders in the key seats
STAGE #3: Denial of Risk and Peril
- "You must never confuse faith and facts." - Admiral Stockdale
STAGE #4: Grasping for Salvation. Finding the Silver Bullet
- Greatness is never a single event, it is a gradual process
STAGE #5: Capitulation of Values
- Great companies endure because they have a reason to survive. Money is not enough of a reason.
10 NEXT STEPS
- Diagnose yourself.
- Count your blessings (min 100, and do it on a spreadsheet).
- What is your questions to statements ratio and can you double it?
- How many key seats do you have on your bus? How many are filled with the right people? What is plan for getting to 100% with FANTASTIC people?
- Do you team diagnostics.
- With your team assembled, at the next meeting, do an inventory of your brutal facts.
- Create a stop-doing list.
- Define results and show clicks on flywheel (milestones/results that are concrete).
- Double your reach to young people by changing your practices without changing your core values.
- Set a BHAG (Big Hairy Audacious Goal).
Excellent summary Dave! These are important insights.
Posted by: Ed Bahler | August 06, 2010 at 03:44 AM
Thanks Ed. When he said, "We must resist growth until we have the right leaders in the key seats", that felt like it was for me. Good stuff.
Posted by: Dave Ferguson | August 09, 2010 at 10:52 PM
Great run down. Makes me even more sorry I missed the summit. Such great content- thanks for the notes!
Posted by: Mike Shipman | August 10, 2010 at 06:32 AM
Great post. Thanks for capturing the session.
Posted by: Sean Sabourin | August 15, 2010 at 11:29 PM
This looks like great material and as must read for ministry leaders. I may help them stsy on course. I have seen too masny ministries and congregations get hurt because of these 5 stages of decline. Particularly when leaders don't stasy humble.
Success can be intoxicating even to men of God - everyone needs accountability and checks and balances in their life. This material may prevent some good people from getting off course.
Michael J. Miller MEd, LPC, LCSW
Christian family Guidance Center
Posted by: .J. Miller MEd, LPC, LCSW | August 22, 2010 at 05:37 PM
Superb Post, Great Info. Thanks Dave. We need to pray for more of God's wisdom in all times and seasons.
Posted by: Jeff Pessina | October 03, 2010 at 07:00 PM