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5% Factor Sommers-HREF

5% Factor Sommers-HREF

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Published by Cecily Sommers
A framework for keeping both minds and culture open as a regular practice - 5% of the time - with the other 95% dedicated to ongoing execution. This presentation was created for a 30-minute round robin session for Human Resources Executive Forum, 05.25.10
A framework for keeping both minds and culture open as a regular practice - 5% of the time - with the other 95% dedicated to ongoing execution. This presentation was created for a 30-minute round robin session for Human Resources Executive Forum, 05.25.10

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Categories:Types, Speeches
Published by: Cecily Sommers on May 27, 2010
Copyright:Attribution Non-commercial

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06/01/2010

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Tremendous challenges: economy, demographics, energy, etc. that are real,structural, deep
get ready!But greatest challenge is preparing for increasing complexity and rate of changewhile managing overwhelming pressures to deliver now
1
 
GE’s L.I.G. program:
The eternal management challenge of balancing the shortterm and the long term— or simultaneously managing the present and creating thefuture—was explicitly addressed.
Immelt:
As he explained in the company’s 2007 annual report, the program’s aimwas “to embed growth into the DNA of our company.” By that he meant getting theteams leading the businesses to think about organic growth day in and day out—tobe
constantly on the look out for opportunities
and to create
inspirational strategic visions
that would enlist their troops in the cause. He wanted them to
weaveinnovation and growth into every aspect of their businesses.
 
2
 
CHANGE:
Take it! Take all of it! Make the most of it!1
ST
: Understand the systems, how things work2
nd
: Ask BIG questions (find intersection of trends with your interests/I.P./emergingopportunities)3
rd
: Choose and act, choose, and act, choose and act
CHOOSE!
You can choose to be patient or impatient…Fearful or courageous…Resistant or enthusiastic…
3

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