How Jeff Immelt Lead General Electric Through 9/11 & 2008 | The Knowledge Project 116

Following Welch

Jeff Immelt reflects on the challenges of succeeding Jack Welch at General Electric, emphasizing the need to forge his own path. Despite the constant comparisons to Welch, he remained focused on adapting to a rapidly changing world, which required a different approach than his predecessor's. Immelt shares a pivotal moment when he almost got fired, which taught him resilience and the importance of being true to himself 1.

You really don't need that person. When you go through a process of almost getting fired, you kind of say to yourself, okay, he's great, I admire him, but I can live without him because he can live without me.

--- Jeff Immelt

He also discusses the necessity of incremental changes and maintaining a strong vision for GE, even when faced with internal and external pressures 2.

   

Continuous Learning

Immelt highlights the importance of continuous learning and networking during his tenure as CEO. He regularly met with other CEOs to exchange insights and sought knowledge from diverse sources, including scientists and startup founders 3. This proactive approach to learning was crucial for navigating the complexities of leading a major corporation.

You've got to be the initiator. You have to be constantly curious. You have to see people when you don't need anything.

--- Jeff Immelt

Additionally, Immelt reflects on the role of unions and the evolving landscape of manufacturing jobs. He acknowledges the need for a balanced approach to trade and job distribution, emphasizing the importance of considering the long-term impact on the workforce 4.