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Jack Welch the former head of GE built a reputation as one of the great chief executives of this era. Welch clearly not only understood the concept of organizational leverage through proper deployment of talent and resources He mastered it. That’s about it. Transfer ideas and allocate resources and get out of the way.&#
With each major advancement in technology, communications, or business practice we find ourselves yet again at this all too familiar precipice. link] Lisa Welch Hi Mike: Thanks for taking something so confusing and adding clarity by doing little more than telling the truth. Thanks for the great insights Rob. Thanks for sharing!
If I recall correctly, Jack Welch wrote that you can only have one priority, you need to pick which it will be. The generation we call the 'silent' generation and the early Boomer cohort exemplified the 'sold my soul to the company store' gospel.
David describes SelfGrowth.com as a "Matching or Connecting Service for People who Want to Improve their Health, their Finances, their Relationships and their happiness" that helps to "Connect people who want to improve their lives with information, experts, products and services that can teach or show them how to do it. .
It includes books by Peter Drucker, Charles Handy, Charles Koch, Jack Welch, and Bob Sutton. I've found that they teach different lessons when you hold them up against the background of your new experiences. Here's a link to a recent "re-reading" list. link] mikemyatt Thanks for sharing your reading list Wally.
Working across organizational boundaries was a new way of thinking 25 years ago —one that was largely championed by Jack Welch, then CEO of GE. Our communications technologies have dramatically improved, and we have instantaneous access to massive amounts of information. Fast forward to today, and we live in a different world.
The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.
The highlight of the day for me was when Jack Welch took center stage, and center stage he took. Social Media is not about technology – it’s about communication. In a world where everything is connected, anything is possible. Leaders make the news, they don’t report it. What’s the ROI on a handshake?
Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. Chief Marketing Officer Beth Comstock told me they looked to see how they could take this battery technology to new markets.
Bravo Nando… Jack Welch - The former Chairman and CEO of GE reminded us of the value of candor. Candor, clarity, humility, passion and a heart for service characterize Jack Welch. He spared us the business speak and rhetoric and said things that all leaders needed to hear.
content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. Zhou departed in 2005 and went on to found Qihoo 360 Technology, a $12 billion company that now trades on NASDAQ. Not surprisingly, this didn’t sit well with the local team.
Consider GE during Jack Welch’s tenure, Trimble Navigation under Steve Berglund, or IBM under Lou Gerstner. The shift in patenting policy was not to protect innovations, but rather to license them and/or to use them as chips to gain access to other firms’ technology. Why do these shifts occur?
The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Second, that GE had a technology advantage in complex industries, and that its technologies could be shared across its businesses. Business schools.
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