It shows the overall idea of confronting the brutal facts. This concept comes from Admiral Jim Stockdale who was a prisoner of war in Vietnam. It’s not always about how much information a company has but how quality the information is.Conduct autopsies without blaming people.

4 concepts that lead to the creation of a climate where truth prevails: When it comes to confronting the brutal facts, we have to be able to create an environment where truth prevails. Great results come from good decisions diligently executed and accumulated on top of one another. The media is fascinated with the idea that one great effort can result in great outcomes, which is not at all the case. This is not so much about one great Herculean effort. You need the discipline to confront the brutal facts while maintaining faith in order to achieve greatness. First component: Confronting the brutal facts This discipline is broken down into 2 components.

Put your best people on your biggest opportunities, not your biggest problems.ĭiscipline of People key point: Keep your best people with you.

The old adage “hire slow, fire fast” is the same thing as what Jim says: “when in doubt, don’t hire, keep looking.” Your Best People on Your Biggest Opportunities Keep your best people with you This is where you start as a leader, where you have to be very rigorous in your decisions. It emphasizes the importance of getting the right people into the organization and the wrong people out of it. This question is another important concept under this discipline. Most Important Question: First who, then what Here, the person, or the executive, is focused on making the business not just good but great, through humility, a fanatic drive, and willpower. At this level, the person enables the pursuit of the vision and motivates the people to aim for better work performance.

Moving further up, the person now organizes people and resources in pursuit of their objectives.

At this higher stage, the person contributes his individual capabilities for the benefit of the group he belongs to and for the achievement of shared goals. This is the starting level for many, the stage where the person uses his talent, knowledge, skills, and good practices at work. Jim sheds light on this through the different types of leadership.

The kind of people you have in the business will determine how successful your business is.

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