Doreen Lorenzo

It’s not just C-suites that can benefit from team leadership. Consider this example from General Electric (GE): in 2007, 19 senior managers of GE Power Generation, one of the company’s oldest businesses, convened at GE’s management-development center in Crotonville, N.Y. It was the first time that all of the senior executives of a GE business went through leadership training together. The result? They drafted a vision statement and developed plans for growth, including focusing on regulatory and other staff in emerging markets, which is now a key area in GE’s overall strategy. In just four days, the team efficiently devised, agreed upon, and began implementing a unified strategy.

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