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Growth Leader - Mr. Fujimori, Chairman of GE Japan

Mr. Yoshiaki Fujimori is chairman of GE Japan and President and CEO of GE Money Asia. Of course, he is a graduate ('81) from Tepper Business School! He came to our school directly from Japan by a company's jet and limousine, and then made a speech for students. He and his speech were terrific.
Let me talk a little bit about GE and what he talked about.


GE (General Electronic Company)
"The General Electric Company, or GE (NYSE: GE) is a multinational American technology and services conglomerate. According to the Forbes Global 2000 it is the world's second-largest company"
http://en.wikipedia.org/wiki/General_Electric_Co.

Surprisingly, GE is not that famous among Japanese people. However, maybe they will be surprised to hear that the company which was founded by "Thomas Alva Edison."  Also, Jack Welch, the former CEO from 1981 to 2001 is very famous for
one of the premier business managers of his era and Six Sigma quality system. Jeffrey R. Immelt is the current CEO of General Electric.

Organic Growth

"The goal GE has set for sustained organic growth - two to three times the growth of global GDP - translates to about 8% today. Few companies have achieved the kind of growth GE is seeking, and none on a revenue base of $150 billion."
"Growth as a process" - Harvard Business Review
http://www.ge.com/files/usa/stories/en/Growth_The_HBR_Interview.pdf

Achieving 8% organic growth continuously is amazing...

What is "Growth Leader"?

Mr. Fujimori talked a lot about Growth Leader. That is not a professional business manager. A growth leader has five growth traits:


1. external focus
2. imagination and creativity
3. decisive and capable of clear thinking
4. Inclusiveness (energize team)
5. develop expertise

He explained that "Inclusiveness" is the most difficult part. Inclusiveness is about how to make good team. How to make each of them to feel that he or she contribute to a team.

Extracting the best of potentials

He closed his speech by talk about the growth model in order to energize us. Growth
When we get over one step, we tend to be an auto-cruise mode because it's easier. However, he said "If you feel good, you have to initiate some changes. That is the way to extract the best of potentials you can do."

Hum...I have to choose less easy way!
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