Wednesday, August 26, 2009

50 Years of Leadership

"The most successful parts of GE are places where leaders have stayed in place a long time. Think of Brian Rowe's long tenure in aircraft engines. Four or five big decisions he made - relying on his deep knowledge of that business - won us maybe as many as 50 years of industry leadership. The same point applies to GE Capital. The places where we've churned people, like reinsurance, are where you will find we've failed." - Jeff Immelt, CEO of General Electric

Good leadership needs consistency.

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