LEADERSHIP SECRET 1HARNESS THE POWER OF CHANGE

FROM THE FILES OF JACK WELCH

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The mindset of yesterday’s manager—accepting compromise, keeping things tidy—bred complacency. Tomorrow’s leaders must raise issues, debate them, and resolve them. They must rally around a vision of what a business can become.

Is there a secret formula for succeeding in business? Probably not. But it makes sense to study a master—the man widely regarded as the ablest business leader of the modern era. And that person is Jack Welch, the recently retired CEO and chairman of General Electric.

“Perhaps the most admired CEO of his generation,” Fortune magazine said of Welch ...

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