There is plenty of advice on leadership. However, few are as concise and authentic as those of Jack Welch, General Electric’s long-standing and extraordinarily successful CEO. For him, leadership means firstly giving meaning and orientation to people’s work and then ensuring that people can work on it as unhindered as possible. Second, good leadership is generous in making others successful without envy. And finally, good leadership serves people and gives them joy and fulfillment: “Be the Chief Fun Officer!”