Harvard Business Review

JANUARY 13, 2014

Worshipping at what Christensen calls the “church of finance” hollows out a company’s competitive advantage, as it loses the capacity to invest in innovation that drives the perpetual reinvention so necessary in today’s world of temporary competitive advantage.

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Levitt Christensen Competitive Advantage Welch 15

Harvard Business Review

MAY 5, 2011

In 1999, CEO Chad Holliday talked with Larry Bossidy and Jack Welch at GE, and decided to launch a Six Sigma program. And the company rigorously tracks results and financial benefits, which must be blessed by the finance organization. DuPont — Tailoring fitness tools and methods to business needs.

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Six Sigma Process Tips Lean Manufacturing 15

Harvard Business Review

MAY 27, 2014

Last fall, when it was still not clear who would be the next chief executive of Microsoft, Jack Welch recommended Sam Palmisano for the job. Communication Finance Getting buy-in' But they need to figure out what to tune out — and learn to manage Wall Street rather than being managed by it.

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Stage-Gate Strategic Planning Welch CFO 12

Harvard Business Review

JULY 17, 2018

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.

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Committee Welch Finance Participative 8

Harvard Business Review

SEPTEMBER 9, 2015

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. Welch’s “boundaryless organization” should seemingly be the de facto reality for most companies. Fast forward to today, and we live in a different world.

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Welch Supply Chain Consensus Engineering 8

Harvard Business Review

MAY 13, 2014

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. GE is an icon of management best practices. But, as befits a company that has been around for 130 years, GE is moving on.

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Six Sigma Incubator Payback Period Ries 11

Harvard Business Review

AUGUST 6, 2014

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. On the finance and deal side, we also felt a strong kinship with Tsai. Only legal, finance, and human resources still reported back to headquarters.

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Chief Financial Officer Learning-by-Doing Operations IPO 14

Harvard Business Review

JULY 5, 2018

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. GE, and Jack Welch in particular, were heroes of business schools. The GE model dates back at least to the reign of Reginald Jones as CEO in the 1970s. Business schools.

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Welch Software Industry Hedge 8

Harvard Business Review

OCTOBER 17, 2013

Earlier in my career, I had the chance to visit leaders such as Jack Welch (GE), Paul O’Neill (Alcoa), and Ralph Larsen (Johnson & Johnson). Their attention was on their finances — understandable and even appropriate these days. Each described a core part of their weekly work as “walks of shame.”

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Crisis Health Care Quality System 12

Harvard Business Review

FEBRUARY 15, 2016

In October 2000, Jack Welch announced the biggest deal of his 20-year tenure as head of GE: a $45 billion merger with Honeywell. Yes, but with some caveats, according to a paper recently published in the Journal of Empirical Finance. Harman Wardani. Their aim is to drive out executives who are past their prime.

CEO 8

CEO Policies Welch Sample 8

Harvard Business Review

DECEMBER 13, 2017

Consider GE during Jack Welch’s tenure, Trimble Navigation under Steve Berglund, or IBM under Lou Gerstner. CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). In other words, the new leader’s disinvestment cut meat as well as fat.

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Short-term Decentralization Company CEO 8

N2Growth Blog

OCTOBER 7, 2010

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.

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Blog Collins Blue Ocean Strategy Video 353