article thumbnail

PEAK Leadership

CO2

Like many of the CEOs whom I coach, he was anxious in this pandemic and had a hard time thinking of any other question other than, “How do I cut costs?” The complexity of our current crisis is clearly overwhelming many leaders, who haven’t adjusted to asking new questions that befit the new environment. How can we accomplish this?”

article thumbnail

PEAK Leadership

CO2

Like many of the CEOs whom I coach, he was anxious in this pandemic and had a hard time thinking of any other question other than, “How do I cut costs?” The complexity of our current crisis is clearly overwhelming many leaders, who haven’t adjusted to asking new questions that befit the new environment. How can we accomplish this?”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GE’s Culture Challenge After Welch and Immelt

Harvard Business Review

How do they understand the need to change and create the energy and urgency around it? Of course, leaders, too, can set a different tone: Jack Welch, Lee Iacocca, Lou Gerstner, and Steve Jobs all did that. Companies in industrial businesses had to drive costs down and execution up and create foolproof processes to ensure quality.

Welch 8
article thumbnail

Social Media Demystified

N2Growth Blog

If you believe the hype, social media will immediately solve all your problems and require no time, energy or effort on your part. Oddly enough, I have also found it is usually the network where they spend the most time, energy and effort. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. Thanks for sharing! Our Freedom.

Media 365
article thumbnail

The Discipline of Listening

Harvard Business Review

Earlier in his career, as a business unit manager, he recognized that he must cut costs. Not only were costs cut, but operations became more focused and simplified. This released GE managers' energy to grow their businesses with new ideas. Consider Ivan Seidenberg, who rose to become Chairman and CEO of Verizon. Prime the Pump.

article thumbnail

People Don’t Want to Be Compared with Others in Performance Reviews. They Want to Be Compared with Themselves

Harvard Business Review

Under the leadership of Jack Welch, General Electric ranked their employees’ performance from top to bottom, giving additional rewards to the top 20% while laying off the bottom 10%. Such evaluations might have increased the employees’ concentration and led them to exert more energy at work.

article thumbnail

CEOs Should Get Out of the Saddle Before They’re Pushed Out

Harvard Business Review

After the initial rush of enthusiasm and energy, established routines and networks can smother the drive for innovation. Yes there are exceptions — Steve Jobs and Jack Welch leap to mind. But according to Professor Luo and his team, the optimal length of time in the proverbial saddle is 4.8

CEO 13