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20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Others Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have

by 198usanews_v1nkmf
July 23, 2021
in USA VENTURE CAPITAL NEWS
3 min read
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Jeff Immelt joins 20VC.

Jeff Immelt is a Enterprise Associate @ NEA serving on each the expertise and healthcare investing groups. Previous to getting into the world of enterprise, Jeff served as chairman and CEO of GE for 16 years the place he revamped the corporate’s technique, re-established market management and quadrupled rising market income. In consequence, Jeff has been named one of many “World’s Greatest CEOs” 3 times by Barron’s. As well as, Jeff is on the board of Sila Nanotechnologies and Twilio.

In At present’s Episode with Jeff Immelt You Will Study:

1.) How did it really feel when Jeff was instructed he was going to be CEO at GE? How did that come about? Did he really feel the load of accountability when it was introduced?

2.) Relating to incumbents embracing innovation, what methods work? Why do they work? What classes does Jeff take from his time at GE on what labored? What methods don’t work? What are the most important errors giant incumbents make when adopting new merchandise or methods? What recommendation does Jeff repeatedly inform giant firm CEOs who ask this query?

3.)  When does Jeff imagine boards could be essentially impactful? In what circumstances do boards really trigger hurt? What are the indicators of the really nice board members? What are the causes of why board members could be misaligned with their founders? How ought to founders strategy whether or not to hear or to not their board?

4.) How does Jeff take into consideration belief in groups? Does he begin absolutely trusting and it’s their to be misplaced or begin not trusting and it’s their to be gained? What folks would you like round you in a disaster? What are the alerts of those folks? What does Jeff imply when he speaks of “disaster accelerants and disaster absorbers”?

5.)  How does David take into consideration worry in management? What’s the one factor that leaders are allowed to be afraid of? How do the perfect founders strategy their relationship to paranoia? How do the perfect talk their fears to their crew?



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Tags: 20VCallowedBoardsCEOCompanyFailedFearFoundersImmeltImpactIncumbentInnovationJeffLeadershipLessonsNegativepositiveStartupSucceededYears
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