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...
Immelt is hiring Americans to workA 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 designing lower-cost products that sell in emerging markets. Its sales to China were up 25% this year.
- Immelt has focused the company on industrial markets, on making things.
- Immelt is hiring Americans to work on big problems like transportation, health care, and energy.
Immelt is hiring Americans to work
Immelt is hiring Americans to work on big problems
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