24 Aug 2017
Jeffrey Immelt: How I Remade GE
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Photo by Tony Luong
“For the past 16 years GE has been undergoing the most consequential makeover in its history,” departing CEO Jeff Immelt (MBA 1982) writes in Harvard Business Review. “We were a classic conglomerate. Now people are calling us a 125-year-old start-up—we’re a digital industrial company that’s defining the future of the internet of things.”
How did Immelt lead that transformation? “You have to be all in,” he says, one of six key leadership lessons he shares as he reflects on his 16-year tenure.
“My legacy at GE will be a complicated one,” Immelt writes. “But as I contemplate my departure, I love where the company is positioned. I love what we’re targeting. The company in 2001 was certain that the future would look like the past. The company in 2017 is ready for any future.”
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Class of MBA 1982, Section A