Found out some note on my notebook when I listened to Jeff Immelt’s speech during a meeting. Just some random notes.
Big vs Small
- Credibility
- Big + Fast always beat small + fast
- Love and inspire people, but GE is not for everyone
- Mistakes we still make
- Allow bureaucracy to win – too process based
- Too intenal/too American – lose love of customers
- Confuse current success with future position
- Metrics that reward the wrong behavior
- Play small
Leadership
- I have stayed at GE for 25 years so that I could be in the front seat of history
- Zoom in, zoom out…
- "I don’t believe in professional management".
- 4-5 things deep dive
- Good managers show interest…
- These is no substance of experience
- Build something that last is beautiful
Innovation
- 10 years ago, everyone was trained by processes, like six-sigma. Now we are all about innovation
- People has to be the core DNA of the company
- You cannot just come to work and chop wood
- You have to drive change and develop other leaders
Making deicisions and Communication
- Make decision fast, faster and faster, for small companies, and large companies!
- Decision cycle time
- How the organization can be quicker
- Clarity of community
- Drive the speed
- Decisive = clearly Yes or No
- Clarify is key
- When we go, we go
- Make a very clear call
On Exit
- Someone can run the business better than us, it is time to exit
- A company that makes money from chaos.
- In a good company, you always has to prioritize very hard
- GE is all about system, that is tough to match
i think any people who in lead have their philosophy on manage.
and the way they hold doesnot means will match others .
He listed “too process based” as the first thing as a mistake. That should trigger some thinking. Currently it seems all people in China think that “process” equals “morden management” equals “management style that brings you success”.
This can’t be true.