October 7, 2005  LeadU NEWS Vol. 2, No. 40 Published Weekly on Fridays By Leadership University ====================================== From the Founder – Mike R. Jay, Master Business Coach ====================================== The Es Have It Over time we witness people who can create results far beyond average. I think it’s helpful to remind ourselves of how they create success and to look for teachable points of view. In each of the two cases below, I’m not sure that the success achieved by Jack Welch and Bill Gates is generalizable to your organization, but to me, it makes sense to study these teachable points of view. Here’s the 4 Es from Jack Welch: The four Es are positive Energy, the ability to Energise others, the 'Edge' that enables managers to take unpopular decisions and the ability to Execute decisions. During his tenure, GE market value grew from $13 billion to $500 billion. In the process, Welch's management innovations have made him the most influential CEO of his era. When the Financial Times recently asked business leaders whom they would most like to have on their corporate boards, the top three they chose were Winston Churchill, Bill Gates and Jack Welch. Bill Gates and the 5 Es Applying the Five E’s When Microsoft restructured, eight autonomous divisions were created to hasten the decision-making process and to prevent Gates from taking on too much. Practicing the Five E’s that govern Microsoft will create an environment where everyone can contribute to the organization: 1. EMPOWER people to undertake tasks for which they are competent and to see those tasks through from start to finish. 2. Adopt an EGALITARIAN attitude towards everybody, and insist that they do likewise. 3. Place an extraordinary EMPHASIS on performance, first making clear precisely what is expected. 4. Use E-MAIL to send and receive messages to and from anybody, maintain continuous, open, constructive debate on issues of interest importance. 5. ENRICH people with rewards for success, using not only financial rewards but also praise and recognition. If you are not working in a 5E company, consider whether your company’s culture motivates you to produce your best and whether your efforts recognized. Otherwise, think seriously about moving to a company that will. Mike R. Jay, Founder http://www.leadu.com  P.S.  Please visit my blog http://www.integraleader.com/  to comment on this and other articles about leadership. P.P.S. 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