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Jack Welch

What is 'Jack Welch'

The former chairman and CEO of General Electric (GE) from 1981 - 2001. Welch expanded the company and dramatically increased its market value from $14 billion to $410 billion during his tenure.


Welch has a reputation as one of the top CEOs of all time, as evidenced by Fortune magazine's recognition of him in 1999 as Manager of the Century. His management strategies included embracing change and reinvention, leading rather than controlling, giving employees at all levels responsibility and freedom, being focused, being consistent and following up.

Explaining 'Jack Welch'

Prior to leading GE, Welch had worked there for 21 years. He was hired as a junior engineer in 1960. During the 1980s Welch was given the nickname "Neutron Jack" for eliminating employees while leaving the office buildings intact. Welch adopted the Six Sigma quality program in 1995. The program led to greatly increased profits during the late 1990s and early 2000s.


Further Reading


Control the construction of your legend or someone else will: An analysis of texts on Jack Welch
journals.sagepub.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

Enlightenment of GERead< Jack. Welch Autobiography>Enlightenment of GERead< Jack. Welch Autobiography>
en.cnki.com.cn [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

General Electric after Jack Welch: succession and success?General Electric after Jack Welch: succession and success?
www.inderscienceonline.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

Case study: Jack Welch's creative revolutionary transformation of General Electric and the Thermidorean reaction (1981–2004)Case study: Jack Welch's creative revolutionary transformation of General Electric and the Thermidorean reaction (1981–2004)
onlinelibrary.wiley.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

What is the market telling you about your strategy?What is the market telling you about your strategy?
search.proquest.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

Remuneration: Where we've been, how we got to here, what are the problems, and how to fix themRemuneration: Where we've been, how we got to here, what are the problems, and how to fix them
papers.ssrn.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

The stunted vocation: an analysis of Jack Welch's vision of business leadershipThe stunted vocation: an analysis of Jack Welch's vision of business leadership
search.proquest.com [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …

Shareholder Primacy in the Classroom After the Financial CrisisShareholder Primacy in the Classroom After the Financial Crisis
heinonline.org [PDF]
… The bonanza frontier offers the prospect of immediate and impressive economic benefit for a relatively low … In a later article in The Economist ("The House That Jack Built," 1999) one can read that … form of legends and counterlegends, it is futile to ask who the “real" Jack Welch is …



Q&A About Jack Welch


How did he expand GE?

He expanded GE by dramatically increasing its market value from 14 billion to 41 billion during his tenure.

What does Fortune magazine recognize him as?

Fortune magazine recognized him as Manager of the Century.

Why did he start working for GE ?

He wanted to learn about business from the bottom up by starting at the bottom rung of the corporate ladder .

What management strategies did he use?

He embraced change and reinvention, led rather than controlled, gave employees at all levels responsibility and freedom, was focused, consistent and followed up.

Where was Jack Welch born?

He was born in Peabody, Massachusetts.

What kind of work did he do as a teenager?

He worked as a golf caddie, newspaper delivery boy, shoe salesman, and drill press operator.

What is Jack Welch?

Jack Welch was the former chairman and CEO of General Electric (GE) from 1981 - 21.

How many children did his parents have?

They had one child, a son named Jack.

What religion were his parents and grandparents?

His mother and father were Catholic and his grandparents were Irish-American.

When did he become CEO of GE ?

In 1981 at age 45 , after being an employee for 25 years .

For how long was he CEO of GE ?

For 20 years until 2001 .

How old was he when he started working for GE ?

He started working at General Electric when he was 21 years old.