I think there's a need for somewhat of a mindset change. We need to have a consistent external focus. We've always had the research labs. We've always had the resources to be innovative, and we've been innovative in a number of businesses. But, in any big company, you have to constantly push people to look at markets and customers, rather than look internally at themselves.
Jeffrey R. ImmeltThere is no real magic to being a good leader. But at the end of every week, you have to spend your time around the things that are really important: setting priorities, measuring outcomes, and rewarding them.
Jeffrey R. ImmeltI grew up in Cincinnati, Ohio, and my parents are really right wingers. My dad watches, like, five or six hours of Fox News every day and stuff like that.
Jeffrey R. ImmeltSurviving a failure gives you more self-confidence. Failures are great learning tools - but they must be kept to a minimum.
Jeffrey R. Immelt