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Two Questions Every CEO Should Ask

January 15th, 2011

In 1981 after being appointed CEO of General Electric Jack Welch asked Peter Drucker to visit him at the company’s headquarters. They spent a day together during which time Drucker asked Welch just two questions.

The first was: “If you were not already in this business (referring to each of GE’s business units) would you enter it today?”  The second question was: “If the answer to the first question is no, what would you do about it? Read more…