Jeff Immelt and the New GE Way: Innovation, Transformation and Winning in the 21st Century

by David Magee

When it was announced in late 2000 that Jeff Immelt would be taking the helm of GE, some skeptics were quick to voice their reservations about the future of the company after Jack Welch. Not only were Welch's shoes particularly large ones to fill, but the economy was dallying with recession, China and India were taking their first giant steps into the global economy, and just four days into Immelt's tenure came the biggest game changer of all: 9/11. The hand-wringing, it turned out, was all for nought. During Immelt's first seven years on the job, GE's revenues increased by more than 60%, its profits doubled, and the company solidified its status as the world leader in technological innovation. Written with the full cooperation of Immelt and GE senior executives, Jeff Immelt and the New GE Way tells the amazing story of how Immelt defied the skeptics and successfully reengineered one of the world's oldest and largest global conglomerates to meet the challenges of the 21st century. It offers an unparalleled opportunity to learn how it's done from a master, detailing the trendsetting innovations Immelt pioneered that have made his vision a reality, including:

Genres: Business, Nonfiction

272 pages, Hardcover

First published January 1, 2009

About the author

David Magee is the bestselling author of the award-winning Dear William: A Father’s Memoir of Addiction, Recovery, Love and Loss, a Publisher’s Weekly bestseller featured on CBS Mornings, and other books including his forthcoming memoir is A Little Crazy (September, 2024), a sequel to Dear William, about mental health and finding purpose and joy written in his inspirational and vulnerable voice.

He's also host of the new podcast (launching Sept. 10, 2024) A Little Crazy. Learn more at www.alittlecrazy.com.

David is a sought-after speaker in communities, business, schools and universities, about mental health and substance misuse challenges and solutions, and he was involved in creating the William Magee Center and the William Magee Institute for Student Wellbeing at the University of Mississippi, named after his late son.

Previously, David was a daily newspaper publisher, a media company president, small business owner, a regular guest on CNBC, and once hosted a national cable TV and radio program (The David Magee Show).

He and his wife Kent, a yoga for addiction teacher, live in Oxford, Mississippi.

Reviews

[E · Rating 4 out of 5]

Few things are more challenging for a new chief executive than following in the footsteps of a corporate legend, but that is what Jeffrey R. Immelt had to do when he succeeded Jack Welch as chairman and CEO of General Electric (GE). In this comprehensive portrait of a talented young CEO who has overcome tough challenges, David Magee, the author of respected books on Toyota, Nissan, Ford and John Deere, traces Immelt’s rise to the top of GE’s competitive management ladder. Magee provides Immelt’s complete background and limns his GE career with an emphasis on the problems he addressed and the values that support his strategic decisions. getAbstract recommends this saga as a well-reported inside look at global strategy in the making.

[albert mulei ndeto]

Well narrated

Very well narrated, focusing mainly on key learning and takeouts that can be replicated by leaders in other industries makes the book a gem for future reference. We get a sit on the table on how to focus large teams on big bets to improve and grow performance ahead of headwinds

[Shinsuke Nakata · Rating 3 out of 5]

修士論文に少しGEに関連する部分があり図書館で借りた。そういえば、子供のころ、家にGEのオーブントースターがあったなぁ程度しかGEに関しては知らなかったのですが、この本によるとリーダー養成システムとコアバリュー（インテグリティ、業績、変革）に基づいて、変化し続けられる組織の様子。売上は@85円で13兆円、日本であてはめると、トヨタの18兆円、NTTの10兆円の間。利益は9400億円でNTTのほぼ倍。現在は新興国でのインフラビジネスにフォーカス。GE本はたくさんあるので、また機会があれば見てみよう。（2011年1月29日）

[Jitisha · Rating 5 out of 5]

Amazing leadership advice. Depicts the importance of perseverance and courage