Monday, December 14, 2009

GE's Immelt leading the next American Revolution

From Business Week...

The Immelt Revolution
He's turning GE's culture upside down, demanding far more risk and innovation

Despite his air of easy-going confidence, Jeffrey R. Immelt admits to two fears: that General Electric Co. (GE ) will become boring, and that his top people might act like cowards. That's right: cowards. He worries that GE's famous obsession with bottom-line results -- and tendency to get rid of those who don't meet them -- will make some execs shy away from taking risks that could revolutionize the company. volution
He's turning GE's culture upside down, demanding far more risk and innovation

Despite his air of easy-going confidence, Jeffrey R. Immelt admits to two fears: that General Electric Co. (GE ) will become boring, and that his top people might act like cowards. That's right: cowards. He worries that GE's famous obsession with bottom-line results -- and tendency to get rid of those who don't meet them -- will make some execs shy away from taking risks that could revolutionize the company.


from SmartPlanet...

A corporate hero for our time

What makes Immelt heroic is that, while other executives were betting on finance, on imports from China or on real estate, he has bet his company on America. That may be an extraordinary claim. But here is some extraordinary proof:

Immelt is hiring Americans to work
Immelt is hiring Americans to work
Immelt is hiring Americans to work on big problems

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