This episode of The Knowledge Project features an interview with Jeff Immelt, former CEO of General Electric, discussing his leadership during three major crises (9/11, Enron, and the 2008 financial crisis). The conversation covers his challenges succeeding Jack Welch, navigating the financial crisis (including a near-bankruptcy experience and a crucial deal with Warren Buffett), and his leadership lessons learned. Immelt emphasizes the importance of absorbing fear without blame, maintaining a flexible perspective, and making timely decisions based on sufficient information, not perfection. He also highlights the need for transparency with investors and the evolving role of CEOs in balancing short-term pressures with long-term vision.
