TL;DR: Larry Culp’s GE Aerospace CEO letter is a rare example of Lean leadership in practice, showing how safety, Respect for People, and small frontline improvements–not slogans or dashboards–create measurable operational and financial results. Most annual reports and shareholder letters follow a familiar script. Financial results take center stage. Operations show up mainly as risks, constraints, or background noise. Culture is often reduced to platitudes and slogans. That’s why I found GE Aerospace’s 2025 annual … Continue reading Larry Culp’s 2025 CEO Letter: Why Safety and Lean Leadership Drive GE Aerospace’s Results