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Leadership Style and the General Electric - Book Report/Review Example

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Summary to book report/review on topic "Leadership Style and the General Electric"
General Electric, also known as GE, has been and still one of the largest and most successful companies in the US today. If you talk about how powerful the US economy is, you cannot fail to mention GE. But with the collapse of the financial bubble, not to mention GEs looming problems that include what CNN Money reports as "GE's $8.5 Billion risk" (Benner, 2009) , what can the company do to survive the worst that America had since The Great Depression "Everything rises and falls on leadership," say leadership guru John Maxwell (1998)…
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Download file "Leadership Style and the General Electric" to see previous pages... When interviewed, he proposes ten good qualities of a good leader (Fast Company, 2007):
As can be inferred, Mr. Immelt follows a participative leadership style. This leadership style follows from a leader that is very supportive. As far as this year is concerned, it worked. According to PR expert Pendergrass,
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if he had not "inspired some genuine confidence that G.E. understands itself in the new environment, we probably would not have had much trouble identifying exactly what 'failure' looks like" (2009).
The leadership style of Immelt is different from his predecessor, but it works. It is tradition in GE that a new CEO will always have a different leadership style so as to break tradition, but still it will come out as top. He does what real leaders are supposed to do, i.e. Craft a workable and smart plan for long-term success. Manage and boost finance. Keep employees and leaders inspired. Treat customer service as investment. Make realistic promises. And, anticipate useful technologies, those that will bring future profits (Useem, 2004).
Useem, Jerry. (2004). ...Download file "Leadership Style and the General Electric" to see next pagesRead More
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