Why Generosity Is The Essential Attribute of Leadership

The business world lost Jack Welch on March 1st, 2020. He was a great businessman and professional who drastically evolved as a leader during his 84 years. Luckily he left behind some great leadership and management lessons.

During Welch’s 20 year tenure at GE, he was able to increase the company’s value by 4,000 percent, growing its market value from $12 billion to $410 billion. You could make an argument that this impact was one of the greatest achievements in the history of CEOs.

Here is where it gets interesting. Welch was considered by most to be a ruthless and a results-driven leader. So much so, he was nicknamed “Neutron Jack” because of his aggressive firing policy in the mid ’80s (known as the “vitality curve”).  

While the majority of organizations no longer use the “vitality curve” method, organizational leaders have learned from and implemented strategies from Welch’s experience. A couple of years ago, I learned a leadership lesson from “Neutron Jack” that I never thought I would.

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