This is actually to allow managers to feel the consequences of their decisions whether good or bad. Thus, as time goes by, these managers would be much more experienced and independent. As for perseverance, when Immelt first fought pressure to sell off divisions of GE and focus on core products, saying that each one of GE's companies was a part of a collective whole. Immelt helped keep GE afloat during scandals and financial crises in a post-9/11 America, giving him a difficult first year as CEO. Despite the hardships, Immelt continued to grow the GE brand and revolutionize the internal structure of the company. Last but not least, is integrity, which is directly from the above paragraph’s characteristic of honest, trustworthy, and transparent.
Because of these set of values that he transmits, the whole company becomes renowned to have these values, and the company is able to maintain the reputation it has had for decades, and continues to be admire around the world. Immelt, however, stresses to all stakeholders, and employees, that learning has to be maintained as a foundational philosophy throughout one’s career and life (Sites.google.com, 2011).
When he first took position as the CEO of GE, he had large shoes to fill in. General Electric has an infamous records of criminal, civil, political and ethical transgressions typically the environment. One of the most highlighted cases from GE was the PCB