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Jeffrey Immelt

NATHAN MANDELL

Jeffrey Immelt

Chairman and CEO, General Electric, at Northwestern's Kellogg School of Management

Immelt urged the nearly 1,000 graduates of the school's full- and part-time MBA programs to continue the process of learning throughout their careers—both from successes and failures.

"One thing I wish you more than anything else is failure. I don't mean that in a bad way, but I can't tell you how much I've learned from failure. It's how you generate confidence."