JACK WELCHHUNGER FOR KNOWLEDGE

PRESENTSWho is Jack Welch?

Timeline

Role Models

Personality

Behavior

Thoughts on Leadership

Followers

What We Admire

Summary

Question & Answers

WHO IS JACK WELCH?

WHO IS JACK WELCH?

Youngest CEO & Chairman of General Electronics (GE) at age 44Rewrote rules to be a profitable & successful companyWorked & played hard, but a respected businessmanLed by a codeNicknamed “Neutron Jack”

TIMELINE

[BIRTHDAY] November 19, 1935[BIRTHPLACE] Peabody, Massachusetts[RAISED] Salem, Massachusetts

UPBRINGING

1957University of MA.B.S. Chem. Engineer

1960University of IL.

MS, PH.D Chem. Engineer

TIMELINE

1960-1968Chem. Engineer

WO

RK

CAREER

1968-1971VP & Head GE Plastics

1971-1973VP of Chem. & Metallurical

1973-1977Head Strat. Planning

1977-1979Sr. VP & Head Cons. Prod. &

Service Division

1979-1981Vice Chairman

1981-2001Corp. Chair, GE & National CEO

1977Jr. Achievement Nat. Bus. Hall of Fame

1999 Fortune “Manager of the Century”

SEPTEMBER 2001Steps down as GE Chairman & CEOReplaced by Jeffrey Immelt

2001Forbes- 400 Richest Amer.

APRIL 2007Tried to buy Boston Globe

JUNE 2009Funded Jack Welch Mang. Institute

JULY 2009Hospitalized for Bacterial Infect.

OCTOBER 2012Welch resigns from Fortune Magazine.

NOV. 2011Sells Jack Welch Mang. Institute

EXPERIENCES TO SUCCESS

• Boundary less organization

• Listened and helped workers achieve more

• Turned GE to E-Company

• Develop talented people

• Six Sigma

ROLE MODELS

Blue collar parents

ROLE MODELS

PERSONALITY

Experiences in personal and professional life

• Had the 4 E’s

• Had Passion

• Believed in his visions for GE

• “Kick-ass and take names”

• Avoided and hated bureaucracy

PERSONALITY

BEHAVIOR

• The unnecessary had to go

• Followed his vision for GE

• Everyone has to believe to succeed

• Try to get the maximum out of everyone

• Infatuated with women

BEHAVIOR

THOUGHTS

THOUGHTS ON LEADERSHIP• Change & downsize before its too late

• Get out of the way

• Look outside

• Speed, simplicity, and self-confidence

• Stretch

FOLLOWERS

FOLLOWERS

• Raised level of excellence in performance

• Made GE a role model for success

• “You need a talent for simplicity”

• Get the best out of them

ADMIRE

SUMMARY

WHAT WE ADMIRE…

He is not afraid to TAKE RISKS. Being known as Neutron jack by cutting more than 100,000 of the workforce and still managing to stay strong.

He had a VISION of leading a company to become one of the best in the world and he followed his dream to achieve his goals.

He’s not afraid to CHANGE and listen to others. Accepted change even if he was scared. “I was afraid of the internet... because I couldn't type.”

He is DETERMINED to get things done.

PAUL GOERTZ SARA SAN ANTONIO

MARK TALIMAN

HIRA WALEED

• Task-oriented• High Mach• Power- holder• Transformational Leader• Charismatic

SUMMARY

Q&A

QUESTIONS & ANSWERS

• Borjas, Thomas. "Welch, Jack 1935–." International Directory of Business Biographies. 2005. Encyclopedia.com. (January 30, 2013).

• http://www.encyclopedia.com/doc/1G2-3448500603.html• http://www.brainyquote.com/quotes/authors/j/jack_welch.html• http://www.cnn.com/2012/12/27/us/jack-welch---fast-facts• http://www.refresher.com/!svbfoures.html• http://www.callcentres.com.au/GE5_Jack_Welch.htm• http://www.referenceforbusiness.com/biography/S-Z/Welch-Jack-

1935.html#ixzz2JjKbCZYo• http://mason.gmu.edu/~vdoherty/Portfolio/Products/jwelch.html• http://www.referenceforbusiness.com/biography/S-Z/Welch-Jack-1935.html• https://twitter.com/jack_welch

WORK CITED