Friday, May 22, 2020

Jack Welch Icon Of Leadership - 1483 Words

Jack Welch was the former CEO of General Electric between 1981 and 2001. During his time at General Electric, the value of the company grew 4000%, making it the most valuable company in the world at the time. In the movie, â€Å"Jack Welch: Icon of Leadership,† Jack discussed his experiences as CEO of General Electric and shared valuable insight into his management practices which he implemented throughout his career. While listening to Jack, I felt the most important aspects of his managing practices included being a proper leader, picking the right people for the job, and having integrity. As a leader of any organization, you have to have an edge, be energetic and energize others through good or bad appraisals and motivation, have an edge and execute plans. Jack called this the 4E’s of Leadership. Being a leader also involves choosing the right person for the right job, or releasing someone not fitting in. As a leader, Jack showed integrity throughout his career. He w as honest, a good character, righteous, ethical, moral, etc. These are all very good characteristics and practices of a successful leader. One of the most fundamental and important roles of being a leader is choosing the right person to fill a position. Human capital is an important factor for any company to succeed and grow. Finding the right person to hire is a key aspect of a leader. To quote Jack, â€Å"If you pick the right people and give them the opportunity to spread their wings and put compensation as aShow MoreRelatedGeneral Electric Company ( Ge )1394 Words   |  6 PagesAmerican company has been stayed in business because of the many great leaders who have led the success for GE. Leader s such as, Jack Welch and Jeff Immelt, have brought many changes at GE bringing the company into the 20th century. Jack Welch and Jeff Immelt have been very successful at changing GE and making it a more highly profitable company, due to their leadership styles and corporate culture. 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