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From that point they out- performed the market by at least 3 to 1 and sustained that performance for at least 15 years. Each of these was compared with companies in the same industry and about the same size. Using hundreds of interviews, they identified the key factors that enable a company to move from mediocre institutions to great institutions. The comparison companies lacked these factors and failed to become great. Perhaps the most important component of the transition from good-to-great is what they called "Level 5 Leadership", from leadership hierarchy so identified:
Level 1 is a Highly Capable Individual who "makes productive contributions through talent, knowledge, skills and good work habits...
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