Extreme Ownership – Summarized for Busy People: How U S Navy Seals Lead and Win

Leadership quality is shown upon both winning and losing. Graciously accepting loss helps prepare for the next battle and improves your ability to grapple with negativity and keep your fighting spirit intact.

Extreme ownership simply means accepting the shortcoming of other people working under you. Though this may weaken your own performance and positions, this can only lead to career growth. This would exemplify your commitment to success, not only for you but, for your team. It will also motivate your team to follow your footsteps in leadership, especially upon understanding that a leader accepts others’ mistakes and can be followed as someone whose performance can be exemplified.

Key Takeaway: Good leadership is not a talent, but a discipline.

Failure is expected in leadership, managing failure is what defines leaders

This kind of situation becomes relevant in advising CEOs about employees who have a feud—backbiting each other and threatening to leave. Despite wanting to keep both loyal employees in the company, the author suggests firing both employees in order to avoid any crisis that may be attracted to the feud.

Executives must understand that providing bonuses under simple rules increases employee motivation. This can be more simplified in helping employees understand the concept of bonus calculation.