Understanding a finite mindset , the GE way

Jack Welch always cared for short term gains and was known to put shareholder gains before people in GE

His rating criteria for people was based on two criteria:

1) Performance & 2) Potential which is future performance

Such a short term profit centred mindset is a perfect example of a finite mindset where profits are put ahead of people.

Needlessly to day this eroded the work culture and employee trust and had it not been for a $300 billion bailout by the US government , GE would have been history by now

Adopted from Simon Sinek’s book “The Infinite Game”