Give me six hours to chop down a tree and I will spend the first four sharpening the axe. -Abraham Lincoln
The U.S. electorate is about to make its choice. The next president will be tested by an epic global economic downturn and a domestic crisis in leadership. Even before he takes office, he’ll need to inspire confidence in his approach. He’ll have to build a consensus with leaders of the opposition and will have to choose some of them to join his team. Governing in this environment will demand extraordinary leadership skills—sound judgment, character depth and an even temperament.
I’ve been reflecting lately on the virtues of leadership. I’ve thought about how heads of state in the U.S. and around the world have met challenges as vexing as these.
I keep returning to Jim Collins’ popular book, Good to Great. He analyzes how companies go from being merely good performers to achieving sustainable great performance. In identifying success factors, he noticed that truly great companies were led by what he termed “Level 5 leaders”—individuals who possess a rare and seemingly contradictory blend of intense drive and humility. Collins observed that these leaders demonstrated an abiding commitment to the long term success of their companies rather than advancing their own personal agendas.









