GE invests $1 Billion a year in corporate training and education.
Wow.
However, along with that investment comes an expectation for performance. Before that, there is rigor in selecting great people for the company.
CEO Jeff Immelt said that he is paranoid about keeping up-to-date with attracting and retaining great leaders around the world. GE is executing 160 different business strategies in 160 different countries, and requires their leaders to be a manifestation of the company and its values. These leaders need resilience and persistence to stick with the company’s vision and goals.
How much does your organization spend on training your leaders?
