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6 Responses to “Nothing Fails Like Success”

  1. Tim Kriewall says:

    Good one!

  2. Bob Moffitt says:

    Looking forward to hearing more regarding your new understandings about poverty.

  3. Dave T says:

    I should have a longer memory where you may have already answered this question but can you name a company or a ministry that did the right thing by having outsiders be brain-power with the insiders and they righted the ship or improved performance and the company is still sailing long after intervention because outsiders (and maybe different outsiders keep rotating in & out) are still being asked for their help? Or companies that in some other way stay fresh with some system for retaining outsider input? Love the truth that you’re telling in this column.

  4. CTW says:

    Thank you for this piece. Very helpful in working with some companies I do consulting with.
    I am wondering why the “older director” stayed on the board? Compensation and benefits for his applause?

  5. Mike Metzger says:

    Your guess is as good as mine. A lot of prestige being on GE’s board.

    A lot of compensation as well.

  6. Timothy Smick says:


    I would suggest reading the following Fortune article:

    As usual, GE’s demise was multi-faceted. Clearly Jack was a tough act to follow for Immelt. Jack was largely a hierarchical leader whose time has come and gone since the end of the 80’s. Still he was a very shrewd and disciplined purchaser of companies that had the prospect of being number 1 or 2 in every space in which they operated. Immelt seemingly did not bring that talent to the table as a leader. I have read three different books on Jack over the years and found him to be a remarkable and quotable leader.
    I have a great deal of uncertainty that Immelt’s shortcomings (which were multi-faceted) would have been solved by the addition of a number of “right brain” thinkers.
    I am humbled by the idea of having to follow up Welch’s considerable success as a leader.


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