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Marty Linsky

Marty Linsky

Co-founder of the leadership-focused consulting firm, Cambridge Leadership Associates, Marty Linsky teaches at the Harvard Kennedy School, co-authors the advice column, Leadership House Call and blogs at Linsky on Leadership .

Jeff Immelt, head of GE

Of all the Fortune 500 CEOs, Jeffrey Immelt stood out in 2009 for his willingness to deliver bad news (eliminating the GE shareholder dividend for the first time in 70 years), to incur a big personal hit to model the behavior (refusing an 11.7 million bonus to which he was contractually entitled), to take personal risks on behalf of his optimism about the future (buying $50,000 of GE stock with his own funds the day after he eliminated the dividend and the stock hit a new low), and to see the economic turmoil as an opportunity rather than as a problem (telling employees that if they were frightened they should leave, but if they were energized by the thrill of re-inventing GE, they should stay).

By Marty Linsky

 |  December 18, 2009; 5:27 AM ET
Category:  Leadership personalities Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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