I'm a huge Jack Welch fan. I read his book 'Winning', and I agree with a lot of his practices -- like diversification and the 4 E's of Leadership. With the four E's, he proves that a great leader doesn't have to be the smartest kid in the class, just possess the traits to motivate and engage employees.
Here's an exerpt from a Web site on Jack Welch's 4 E's:
Effective leadership has passion. By passion it does not mean you are loud or flamboyant but something from deep inside. Passion cannot be taught or learned. The best way to be passionate is to hire people who share your excitement for the job at hand.
Energy gives results if there are no compexities, all the bureaucratic layers are done away with.
People become passionate and contribute if they are given the platform to be heard.
The leader energises, they are energisers. As energisers they inspire, mobilize people to act, and spark others to perform. They do not engage in turf wars, operate in silos, or tolertae backbiting behavior.
People respond to them, and these reponses make them very effective.These people are like gardeners who instead of spreading fertilizers and water spread confidence.
Leadership is the ability to articulate a vision and the ability to get others to act on that vision.
The 4E leader makes sure that good ideas are surfaced celebrated, and acted upon.
Individual with edge have a competitive spirit and know the value of speed. They are confident ; they know when to green light or red light a project or acquisition.
The effective leaders get the right people on the bus and the wrong people off the bus, and then figure out where to drive it.
The leaders with edge are very similar to the sports stars. They always win whether it is the customers or market place.These leaders can only flourish if you have differentiation. You differentiate these leaders and reward them according to their victories.
Individual with the 4 E get the things done.They consistently deliver in many cases not only meeting the goal but blowing them away. They realise that the first three Es are of little value unless they are leveraged to produce results.
The leaders, understand that there is no subsitute for achievement. They develop their expertise and do the job better then anyone else. They know that the performance has to be delivered today and not in the future. They do their job better than anyone else before thinking of promotion.
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