A senior GE exec says successful leadership depends on how you spend 10% of your time
GE
Ask Beth Comstock, vice chair of General Electric, and she'll tell you that's a terrible idea.
In an interview with LinkedIn's editor in chief Daniel Roth, Comstock gave some leadership advice that applies both to people relatively new in their careers and to those who have been in the workforce for a while:
"The first thing you have to say to people is: Make room for discovery. If I manage myself, I manage a team, I manage a division, there's a certain amount of your budget, your time, your people that need to be focused on what's next.
"And it could be 10% - you know for yourself. I think usually 10% is a pretty good way to think about it.
"Think about how you manage your own time. Can I spend 10% of my time a week reading, going to sites like Singularity, TED, talking to people, going to industry events, asking people: What trends are you seeing? What are you nervous about? What are you excited about?"
This drive to learn new things may be an integral part of Comstock's success. In 2012, when she was GE's chief marketing officer, she spoke to Fast Company about her penchant for change in her career: "I'm propelled by curiosity … My formative years at GE, every two years I moved to a new assignment."
And soon after earning the vice chair title in 2015, Comstock told The Washington Post that one of the biggest keys to her success is "curiosity - wanting to learn and to constantly try to be better and do better."
Sure, switching assignments every two years is one way to get a fresh perspective. But you can also take it down a notch and do what Comstock suggested to Roth in the LinkedIn interview: read, research, and network relentlessly - for just one out of every 10 hours you spend at work.
Watch Daniel Roth's full interview with Beth Comstock on LinkedIn»
Get the latest General Electric stock price here.
- RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
- People find ChatGPT to have a better moral compass than real humans, study reveals
- TVS Motor Company net profit rises 15% to ₹387 crore in March quarter
- Canara Bank Q4 profit rises 18% to ₹3,757 crore
- Indegene IPO allotment – How to check allotment, GMP, listing date and more
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market