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Ex-GE CEO Jeff Immelt on Leading Through Crisis, Taking Personal Responsibility, and Becoming a Master of Chaos

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Manage episode 292791122 series 2909844
Content provided by Polina Marinova Pompliano. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Polina Marinova Pompliano or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jeff Immelt succeeded Jack Welch as the CEO of General Electric, a great American company. When Immelt took over in 2001, he didn't know that he would have a long, turbulent road ahead.

The Sept. 11 terrorist attacks would be the first of many crises that Immelt had to grapple with in his time as CEO. He was at the helm of the company through the bursting of the dot com bubble, the Fukushima Daiichi nuclear disaster, the fall of Enron, and the 2008-09 financial crisis.

Shareholders blamed Immelt for his inability to turn the company around and for allowing GE to lose $150 billion of market value under his watch. In this conversation, Immelt shares what he's learned about leading in crisis, how he's taken responsibility for the consequences of his decisions, and why he believes the next generation of founders and CEOs need to be masters of chaos.

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33 episodes

Artwork
iconShare
 
Manage episode 292791122 series 2909844
Content provided by Polina Marinova Pompliano. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Polina Marinova Pompliano or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jeff Immelt succeeded Jack Welch as the CEO of General Electric, a great American company. When Immelt took over in 2001, he didn't know that he would have a long, turbulent road ahead.

The Sept. 11 terrorist attacks would be the first of many crises that Immelt had to grapple with in his time as CEO. He was at the helm of the company through the bursting of the dot com bubble, the Fukushima Daiichi nuclear disaster, the fall of Enron, and the 2008-09 financial crisis.

Shareholders blamed Immelt for his inability to turn the company around and for allowing GE to lose $150 billion of market value under his watch. In this conversation, Immelt shares what he's learned about leading in crisis, how he's taken responsibility for the consequences of his decisions, and why he believes the next generation of founders and CEOs need to be masters of chaos.

---

Stay up to date by singing up for The Profile, our weekly newsletter that brings you the best profiles of successful people and companies. Sign up here: https://readtheprofile.com

  continue reading

33 episodes

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