Understand stakeholder symmetry: Find the appropriate balance of competing claims by various groups of stakeholders.

Who succeeds in forming and leading a Great Group? He or she is almost always a pragmatic dreamer. They are people who get things done, but they are people with immortal longings. Often, they are scientifically minded people with poetry in their souls.

Leadership is the capacity to translate vision into reality.

Embrace error: Create an atmosphere in which prudent risk taking is strongly encouraged.

What makes a good follower? The single most important characteristic may well be a willingness to tell the truth. In a world of growing complexity leaders are increasingly dependent on their subordinates for good information, whether the leaders want to hear it or not. Followers who tell the truth and leaders who listen to it are an unbeatable combination.

Growing other leaders from the ranks isn't just the duty of the leader, it's an obligation.

While great leaders may be as rare as great runners, great actors, or great painters, everyone has leadership potential, just as everyone has some ability at running, acting, and painting.