Jack Welch summed up his philosophy at General Electric succinctly:
“I don’t run GE,” he said, “I lead GE.”
The first half of this two-part post unpacked some thoughts on the difference between managing and leading in preparation for this: You don't have to be Jack Welch and you don't have to be responsible for the well-being of a giant corporation to make your mark as a leader.
The last two decades gave rise to all manner of initiatives and systems for managing our way to greater margins through cost savings. But no one has demonstrated how we can manage to cut our way to sustainable growth.
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