Here are some key points from the chapter:
All good-to-great (g2g) companies began their process to greatness by confronting the brutal facts about their current reality.
When you make the effort of confronting the brutal facts, the right decisions often become self-evident
g2g companies create environments where people have the opportunity to be heard, and so by default, the truth is heard
Creating a climate where the truth is heard involves four basic principles:
- Lead with questions, not answers
- Engage in dialogue and debate, not coercion
- Conduct autopsies (analyze a situation), without blame
- Build red flag mechanisms that turn information into information that cannot be ignored (allow people to bring up shortcomings before they leave because the situation hasn't been addressed)
G2g companies faced adversity, but they faced it head on, and then emerged from the adversity stronger
The Stockdale Paradox: Retain absolute faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time confront the most brutal facts of your current reality, whatever they might be.
Charisma can be a liability as well as an asset in leadership, as your personality can deter people from bringing you the brutal facts.
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An interesting chapter... The key point from this seems to be the Stockdale Paradox. Being able to hold both faith and brutal facts at the same time. Sounds like a spiritual lesson as much, if not more than a business one.
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