Preview

Jack Welch

Good Essays
Open Document
Open Document
652 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Jack Welch
Jack Welch was a CEO and chairman at General Electric for twenty years. During his time at GE he was able to transform the company into a very efficient and powerful company. His four E’s of leadership: energy, energizers, edge, and execute are keys to what made his leadership style work. Another part of his leadership style was getting rid of the people who did not work hard enough or meet expectations. Overall, Jack Welch’s leadership style changed GE and companies around the world for the better. The first of Welch’s four E’s is energy. This is the characteristic which describes people who are always ready to go and to work hard at a moments notice. These are the people that are hate dull moments and prefer to always be busy. Normally these are good workers, which sometimes stray from their work because they are so energetic. The second E is energizers. These are the people that motivate others to perform. They are the ones that outline what is needed or wanted to succeed, and have other people carry it out. In most cases, energizers are selfless and care about others before themselves. They care that the group succeeds and are quick to take ownership over something when it goes wrong. However, when someone in the group succeeds, they make sure the credit is given to the person. The third E is edge. This type of people is those who are extremely competitive. They make sure they do everything possible to succeed in whatever they do. People with edge are not slow to make a decision they believe will be beneficial. For example, these people are usually the ones who have to make decisions like firing, hiring, and promoting. They also do not let anything stand in their way, no matter what the circumstance is. What it takes to succeed, they will do. The last E is execute. Without a person that is able to execute, the rest of the E’s will be of no use and will have no way of completion. Also, executers know the difference between activity and productivity. They

You May Also Find These Documents Helpful

  • Satisfactory Essays

    ESTJ stands for Extroverted Sensing Thinking Judging, which means that people with my personality type are acute leaders who promote work ethics, responsibility, and standing up for the principles that one holds. ESTJs are particularly well suited for management or political office due to the fact that they make impersonal decisions quickly, and are very good at supervising those under them in order to accomplish goals. One theory that applies particularly well to those who are ESTJs is the collaborative leadership theory, which states that creating and working through strategic alliances and strong partnerships creates leadership roles that allow for great change and work to be accomplished within businesses, corporations, etc. Collaborative leadership is upheld not by formal institutions of leadership or communication, but by a complex web of interpersonal relationships that are essential to the proper functioning of the business. Since ESTJs are very good at making decisions quickly, a trait that is necessary in order to efficiently collaborate, the collaborative leadership theory is a theory that can be easily used to direct…

    • 1195 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ability to prioritized work and follow through independently, handle a variety of tasks, and work collaboratively and professionally…

    • 363 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    4DEP 1 Assigment Maha

    • 937 Words
    • 4 Pages

    Collaborative, Driven to deliver, Courage to challenge, Role model, Curious, Decisive thinker, Skilled influencer, personally credible.…

    • 937 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Ge Title Case Study

    • 1272 Words
    • 6 Pages

    What is your evaluation of Welch 's approach to leading change? How important was he toGE 's success? What are the implications for his replacement?…

    • 1272 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Career Investigation Report

    • 2643 Words
    • 11 Pages

    * Leader, reliable, respectful, determined, responsible, hard worker, follow directions, always doing the extra thing to get ahead, and mentally strong.…

    • 2643 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ge Case - Jack Welch

    • 481 Words
    • 2 Pages

    Communication: Jack Welch removed unnecessary communication filters to ensure his vision was communicated effectively throughout the organization. He ensured that his vision was communicated by a series of training programmes. He encouraged input from every employee. This made the organization more effective and gave Jack Welch charge of the situation at GE…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Jack Welch

    • 258 Words
    • 1 Page

    Jack Welch, the former CEO of General Electric, has been described as the greatest manager in modern times. Under his direction, GE dominated every sector of its industry. In addition, many top managers who lead American companies today worked at one time under Welch at GE. Welch defines successful leaders as those who “grow others,” and he believes this was one of his greatest legacies as a CEO and leader.…

    • 258 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Prior to year 2010, GE’s previous CEO, Jack Welch, had built GE into a highly disciplined, extremely efficient machine that delivered consistent growth in sales and earnings. However, after Immelt took over GE from Welch, Immelt recognized the necessity for strategic change in the GE when he took considering the situation of economic downturn. 9/11issue and Enron Scandal triggered a downturn in the economy, which in turn affected GE’s stock market price. Immelt saw little need to challenge the basic business model no which GE had operated for decades.…

    • 394 Words
    • 2 Pages
    Good Essays
  • Good Essays

    I cannot imagine the GE without Jack Welch, but I am sure that if he left GE at that time, we will lose the "most revered CEO". Welch joined General Electric in 1960. At first, he worked as a junior engineer, at a salary of $10,500 annually. Welch was displeased with the $1,000 raise he was offered after his first year, as well as the strict bureaucracy within GE. However, Reuben Gutoff, a young executive two levels higher than Welch, persuaded Welch and tried to convince him to stay. After deliberation, he gave up the idea of resigning and resolved the thought to change the bureaucracy. If he resigned at that time, he would not have such success in the future. After many years hard-working, Welch eventually took his oath of CEO and brought GE ushering in a prosperous era. During his office, Welch took many measures to reform the corporation system. For example, he shuted down factories, reduced payrolls and cut lack-luster old-line units. What's more, Welch fired the bottom 10% of his managers resolutely. Because of his actions, many staff rejected him and a man who was fired by him even tried to kill him. Confronting these frustrations, he never thought about withdrawing,…

    • 589 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Senior consultant

    • 7499 Words
    • 34 Pages

    Within a week, Nardelli hired on as Home Depot’s new CEO. He was a big…

    • 7499 Words
    • 34 Pages
    Good Essays
  • Better Essays

    Leadership

    • 1324 Words
    • 6 Pages

    The famous General Electric (GE) CEO Jack Welch once said, “When you were made a leader you weren't given a crown, you were given the responsibility to bring out the best in others.” 1 Welch, like the many other successful CEO’s of GE, understood the importance of developing leaders within the company and, in turn, those leaders developing others. At GE, leaders are the critical players necessary to create and sustain a culture that aligns with the company’s long-term objectives. Leaders innovate, change, demonstrate, regulate, and empower in their own styles to pave the way for a company’s success. In research conducted in 2013 by Right Management, a talent and career management firm, approximately a quarter of the 2,000 senior human resource executives from 14 countries voiced a concern for a lack of future leaders2. Leadership is fundamental to stay ahead of the competition and with future shortages in leadership talent, companies must work on creating a culture to allow leaders to emerge from within to work towards a long and healthy future in the marketplace.…

    • 1324 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Summary of Personality

    • 598 Words
    • 2 Pages

    For Scale E, I got 26/ 35 and it means that I got a pretty high score in being an extrovert person. I believe that being outgoing, friendly, sociable and people- oriented person are leadership traits that can help me more be emphatic and work well with a group. Being sociable will help me in strengthening my professional network. I must just keep in mind to be reserved, too when the situation calls for it like Board Meetings and Employee Interviews.…

    • 598 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Personality Factors

    • 322 Words
    • 1 Page

    My four personality factors are extraversion, sensing, feeling, and judging. Therefore, my personality type is ESFJ. Generally, people who fall into the ESFJ personality type are friendly, cooperative people who work hard to get their job done. It usually is not very hard for ESFJ’s to work within groups because they tend to get along with most people and are honestly concerned about the welfare of others. Because an ESFJ works best with a job where their helping skills can be appreciated, they tend to work in traditional settings where their service can be practical and personal.…

    • 322 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Analysis Of Jack Ma

    • 707 Words
    • 3 Pages

    From the statement above, it is shown that there are lots of other business leaders likely to follow Jack Ma’s example and challenge the status quo. They can get and learn lots of things on how to manage a company from this charismatic founder of Chinese e-commerce giant Alibaba. The things are:…

    • 707 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    things and don’t wait for them to come to him. Being a positive, proactive person will help others around you become more positive. Doing simple acts of kindness throughout your workplace can quickly become contagious. In addition, the employee should has pleasant tone of voice, good posture, respect and courtesy and always be interested in others.…

    • 264 Words
    • 2 Pages
    Satisfactory Essays