Jack Welch's other competencies is 'seeing around corners', or being able to predict market changes.
None of our business leaders seem to have performed strongly on this requirement - but then very few people have predicted the financial crisis coming (at least in the extent that it has).
At least David Cameron can, and does, congratulate himself in ignoring calls to offer tax cuts in advance of an election.
And Welch explains that another element of 'seeing around corners' is the ability to get bipartisan support to make things happen So I give further credit to Cameron for offering to support Gordon Brown (and just wish that George Bush, Hank Paulson and both Republican and Democrat leaders in the US Congress had a bit more of this ability!).
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