Saturday, February 26, 2005

Leadership Behaviors That Make A Difference

This month's StartingBloc Institute brought me to the campus of Columbia University Business School. This session's topic was "True Capitalism - Profits with a Purpose". Expect some comments and opinions about Corporate Social Responsibility in the next couple of days. If you have access to an electronic copy of the Econimist article about CSR could you please forward it to me?
I had the opportunity to attend a session and later talk with Mike Cairo, Director of Corporate Social Responsibilitiy Programs, at General Electric. Mike spoke about growing participation of CSR programs at GE. He made many comparisons between Jack Welsh and Jeff Immelt, the different era they led through and the different perspectives they held about the world.
GE has always been a company that prides itself on its ability to develop outstanding managers. To reach this end many initiatives, like the Crotonville Corporate Training Center, have been developed to foster business leadership at GE.
Interestingly, Jeff Immelt, in his 2004 Corporate Officer's Meeting offered six "new" leadership behaviors that are needed to make a difference in today's business climate. I thought they were interesting so please find them below.
Challenge the Process
Inspire a Shared Vision
Enable Others to Act
Model the Way
Use Influence Wisely
Encourage
Now these tenents have always been at the cornerstone of good, responsible, well run, innovative companies. Perhaps Immelt is trying to breathe new life into General Electric's management practices. That's up for debate!