3min chapter

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452. Jeff Immelt Knows He Let You Down

Freakonomics Radio

CHAPTER

All Leadership Is Crisis Leadership

jeff melt i worked at g e for more than thirty five years. I was the co for sixteen, and led at a time of immense volatility and change. Always did my best. Some things worked and some things didn't. As recently as two thousand five, g e was still the most valuable company in the world. To day, it's not even in the top one hundred of companies when ranked by market cap. The financial collapse is only part of the story. For decades, general electric was the quintessential american corporation,. It was founded in the eighteen nineties to capitalize on the inventions of thomas edison, including his light bulb.

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