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Here is the study guide for "Good to Great" by Jim Collins

Level 5 Leadership
• Which is harder to cultivate within yourself: humility or will?
• If Level 5 is about ambition first and foremost about the cause, the company, the work—not yourself—combined with the will to make good on that ambition, then how can each of us as individuals learn to take actions consistent with being Level 5?
• Think of a Level 5 you have known. How did he or she become Level 5? What can we learn from that person?
• Why do so few Level 5s get chosen for top spots in our organizations? What can be done to change this?
First Who
• How might you tell if someone is the right person on the bus?
• How might you tell if someone is simply in the wrong seat as distinct from being the wrong person on the bus entirely?
• Think of a case where you had doubts, but your organization hired anyway. What was the outcome? Why did the organization hire anyway, and what do you learn from the situation?
• If compensation is not the primary driver for the right people on the bus, then what are the primary elements in getting and keeping the right people on the bus? What role does compensation play?
Confront the Brutal Facts
• Which side of the Stockdale Paradox is harder for you: unwavering faith or confront the brutal facts? Why?
• Think of two environments that you have been in. The first being an environment that did not confront the brutal facts and where people (and the truth) were not heard. The second being an environment that did confront the brutal facts and where people had a tremendous opportunity to be heard. What accounts for the difference between the two environments? What does the contrast teach about how to construct an environment where the truth is heard?
• Do you have any red flag mechanisms in your life or organization? What ideas do you have for new ones?
• In leading a team, what is your questions to statements ratio?
Hedgehog Concept (the Three Circles)
• How long, on average, did it take the good-to-great companies to clarify their hedgehog concepts? What implications does this have about finding your own hedgehog concept?
• Are you engaged in work that fits your own three circles: what you are passionate about, what you are genetically encoded for, what you can get paid for? Do you need to change? Which circle is hardest to get right? Why?
• Which is more important for an organization: the goal to be the best at something, or realistic understanding of what you can (and cannot) be the best at?
• Can each sub-unit and each person have a hedgehog concept?
• How is the hedgehog concept different for a nonprofit organization?
Culture of Discipline
• If "rinsing your cottage cheese" is important, how do you tell *which* cottage cheese is worth rinsing? In other words, if diligent attention to detail is essential, how do we decide which details are important, and which are trivial?
• Think of two people: One being someone who only sees his or her job as a "job" and the other who understands that he or she has a responsibility. How does this difference play itself out in their work? What should we look for in locating such people?
• If class distinctions are deeply divisive, then why do organizations persist in creating an executive class that separates itself from those who do the real work? If you ran the whole show, what would you remove to reduce these class distinctions?
• Do you have stop doing list? What do you put on your stop doing list?