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. General Electric Company would not be here today, if it were not for one of America s most brilliantRead MoreJack Welch1492 Words   |  6 PagesErica Walker Jack Welch Dr. Kim 6 February 2014 Jack Welch: Icon of Leadership Jack Welch has been named the â€Å"Manger of the Century† and has made innovative changes to management practices. He was born as John Francis Jr. on November 19, 1935 in Salem, Massachusetts. He attended Salem High School and then after graduating went to the University of Massachusetts. At the University of Massachusetts, Jack Welch received Bachelor of Science degree in chemical engineering. After gettingRead MoreGeneral Electric Under Jack Welch1117 Words   |  5 PagesGeneral Electric Under Jack Welch                   In 1980 right before Welch took the position as CEO of General Electric, GE s organizational rigid structure, resistance to change, and bureaucratic climate made it impossible to perceive important environmental changes. Furthermore, the organizational structure, decision-making process and information management procedures no longer fit the organization s needs. In 1981 Jack Welch was not considered a leading contender for GE s top job. HoweverRead MoreLeadership, Corporate Icon And Management Theorist1020 Words   |  5 PagesWhen Jack Welch took over GE in 1981 and became the youngest CEO in GE’s history, the well-known leader had determination to change GE into the world’s most competitive enterprise. Welch is a strategic thinker, business teacher, corporate icon and management theorist. With his exclusive leadership style and character, Welch made history during his long journey at GE. While most leaders talk a noble game on leadershi p, he lived it. Welch said to lead, do not manage. Welch did not like the word ‘manage’Read MoreEssay on Leadership (Jack Welch)2523 Words   |  11 PagesI have learned many lessons from Jack Welch on leadership. Jack Welch has been with the General Electric Company (GE) since 1960. Having taken over GE with a market capitalization of about $12 billion, Jack Welch turned it into one of the largest and most admired companies in the world by the time he stepped down as its CEO 20 years later, in 2000. Jack Welch used his uncanny instincts and unique leadership strategies to run GE, the most complex organization in the world and increased its marketRead MoreThe General Electric ( Ge )1275 Words   |  6 Pagesin most countries in the world. General Electric (GE) Widely regarded as a leading global corporation in the 20th century with operations in over a hundred and seventy countries and over three hundred thousand workers, General Electric remains an icon in best management practices. With its operations in power, appliances, energy management, aviation, oil gas, and transportation among others is ranked as among the top leading firms in the US. It is also a global leader in the digital industry withRead MoreBook Review: What the Best CEOs Know1098 Words   |  5 PagesUniversity Leadership and Management Development, MGMT 5306-VC01 Submitted to Dr. Kelly Warren September 10, 2011 What the Best CEOs Know was chosen by this reader due to Jeffrey Krames’ reputation, prior writings, and the fact that several of these CEOs are considered shining examples of the modern CEO. Krames takes an in-depth look at the modern icons of business leadership: Michael Dell of Dell Computer, Bill Gates of Microsoft, Andy Grove of Intel, Herb Kelleher of Southwest Airlines, Jack WelchRead MoreA Leadership Crisis Looms And Great Leaders3086 Words   |  13 PagesA leadership crisis looms and great Leaders are in short supply because of the lack of understanding of what makes great leadership. The question is what distinguishes a great leader from a good leader. I knew this question can be answered if I dig deep and get a solid understanding of the secret mantra behind great leadership. I achieved this by studying the leadership of five of the greatest Management Gurus of my time. These leaders made significant contribution across different industries andRead More HW2 Case Studies Classic Executive V2 4 Essay6307 Words   |  26 Pageswill be your IT strategy Matrix for this company CASESTUDY1. Can GE Remake Itself as a Digital Firm? General Electric (GE) is the worlds largest diversified manufacturer. Fortune named GE Americas Most Admired Company in 1998, 1999, and 2000. Jack Welch, GEs CEO and chairman since 1981, is often cited as the most admired CEO in the United States. Headquartered in Fairfield, Connecticut, the company consists of 20 units, including Appliances, Broadcasting (NBC), Capital, Medical Systems, and TransportationRead MoreCase - Alibaba Group7315 Words   |  30 PagesAlibaba Group At Alibaba, strategy and organization go hand-in-hand. Every year we change the organizational structure in tandem with changes in strategy. Jack Ma, Chief Executive Officer of Alibaba Group, stared through the fog at the cable stays of the Hangzhou Bay Bridge whistling past on his drive to the offices of Taobao (hunting for treasures), Alibabas online marketplace for Chinese retailers and consumers. The longest transoceanic bridge in the world had a long gestation period: