Summer Villanova Business Magazine 2011

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Executive Speaker Series

21st Century Leadership at GE

P

ick a path that is your passion. Dedicate yourself to

that path. Be a learner. Be good on teams. Have perseverance. According to Jeffrey R. Immelt, chairman and chief executive officer of GE and chairman of the Council on Jobs and Competitiveness for President Obama, these are important lessons along the path to success. Immelt spoke about his life and career to an enthusiastic crowd of VSB students, faculty, and staff as part of the VSB Executive Speaker

Jeffrey R. Immelt speaks about his career as chairman and CEO of GE.

Series. Nearly 1,000 attendees, all eager to hear career advice from the ninth chairman of GE, filled both the

manager, in the appliances business,

hard work, and a decent sense of

Villanova Room and the Connelly

where he managed service people, and

humor, he added.

Center Cinema, where the presentation

in the healthcare business, which he

was simulcast. Dean’s Advisory Council

ran before becoming CEO. However,

GE, Immelt attributed his appointment

member Thomas M. Quindlen VSB ’84,

even the man who has been named

in part to the fact that his peers liked

president and chief executive officer of

one of the “World’s Best CEOs” three

and supported him. For Immelt, success

GE Capital Corporate Finance, intro-

times by Barron’s has weaknesses,

was due to his hard work, his ability

duced his friend and colleague to the

which Immelt admitted as he shared

to build friendships and trust, and his

standing-room-only group. While his

anecdotes about the mishaps he

knowledge of how to work on teams.

speech addressed the current economic

experienced when he attempted to fix

climate, Immelt also identified the

refrigerator compressors during his

from audience members and covered

unique challenges that today’s gradu-

time in the appliances division of GE.

topics from how to better engage

As he revealed his own path to

Immelt also responded to questions

employees to what keeps him up at

of his company, and included advice

success, Immelt reflected on the

night, and from how sports and other

on how VSB students can distinguish

lessons he learned along the way and

team activities contribute to one’s

themselves in their careers. He also

offered insight into how VSB students

career and success to what he considers

jokingly revealed why he would never

might build their own careers and

to be his biggest mistake. While no

make a good refrigerator repairman.

achieve their own successes. His

topic was off limits, the candid session

advice was simple: do what you want

allowed for great dialogue and idea

Immelt worked at Proctor & Gamble

to do, because most people who are

exchange between one of the world’s

and earned an MBA from Harvard

successful enjoy what they do. Be

most successful leaders and more than

Business School. When he joined

broad, but learn how to be good at

1,000 future business leaders.

GE in 1982, Immelt moved through

one thing in particular. Always be

—by Mariana Martinez

different departments and experi-

willing to learn. Immelt says he looks

enced the many sides of the company

to hire people who are good raw mate-

To learn more about Immelt’s

he would eventually lead. He spent

rial, but who also possess a thirst for

leadership and career at GE, visit

time in corporate, in plastics as a sales

learning. Success is about persistence,

http://tenyears.geblogs.com.

Prior to beginning his career at GE,

villanova business  |  summer fall 20102011

PHOTO: Jim McWilliams

ates face, divulged the top priorities

When asked about becoming CEO of


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