Jack Welch: Leadership in the 21st century
Jack Welch – Leadership in the 21st century
(extract from “Winning Leadership - a guide to
Whitepaper available from www.davidparmenter.com )
the
top”.
By David Parmenter
Where do you start to analyse the leadership traits of Jack Welch. The CEO who took General Electric (GE) from being worth $10billion to $500 billion... He has been successful on many levels, as a master of maintaining profitability, as a nurturer of talent as well as a writer and speaker. Forbes magazine crowned him the best business leader of the 20th century. Many GE shareholders looked back with a smile and thanked their lucky stars that they had invested in GE.
I would like to explore Welch’s achievements through a model of winning leadership.
This model looks at leadership from two perspectives. What foundations stones need to be in place in order to lead? As Jack Welch would say these are the ‘tickets to the game’. Secondly, what are the traits that a leader needs to master in order to be as effective as Jack Welch clearly was?
Develop,
engage & trust B
B
Execution
Valuing results and B people Gather & learn from experiences B
Crisis
management
Winning Leadership
Abandonment
Decision
Making B
Ability
Champion of innovation, Quality and B
Learning
Recruiting & promoting B
Managing through the CSFs
Creating
the future
Minimize personal baggage B
Student of psychology B
Develop & maintain B stakeholder relationships
Master of
Have
Love thy neighbour as communication mentors and and PR B a safe haven thyself B
Abundance of positive B energy Fearless in pursuit of legacy B
This article attempts to pull together much that has been already written about Jack
Welch, his own views from many recorded Welch interviews and his masterpiece book “Winning” co-authored by Suzy Welchi
Prepared by David Parmenter parmenter@waymark.co.nz
Copyright ©2010
Welch’s Five Foundation Stones
Minimise
(extract from “Winning Leadership - a guide to
Whitepaper available from www.davidparmenter.com )
the
top”.
By David Parmenter
Where do you start to analyse the leadership traits of Jack Welch. The CEO who took General Electric (GE) from being worth $10billion to $500 billion... He has been successful on many levels, as a master of maintaining profitability, as a nurturer of talent as well as a writer and speaker. Forbes magazine crowned him the best business leader of the 20th century. Many GE shareholders looked back with a smile and thanked their lucky stars that they had invested in GE.
I would like to explore Welch’s achievements through a model of winning leadership.
This model looks at leadership from two perspectives. What foundations stones need to be in place in order to lead? As Jack Welch would say these are the ‘tickets to the game’. Secondly, what are the traits that a leader needs to master in order to be as effective as Jack Welch clearly was?
Develop,
engage & trust B
B
Execution
Valuing results and B people Gather & learn from experiences B
Crisis
management
Winning Leadership
Abandonment
Decision
Making B
Ability
Champion of innovation, Quality and B
Learning
Recruiting & promoting B
Managing through the CSFs
Creating
the future
Minimize personal baggage B
Student of psychology B
Develop & maintain B stakeholder relationships
Master of
Have
Love thy neighbour as communication mentors and and PR B a safe haven thyself B
Abundance of positive B energy Fearless in pursuit of legacy B
This article attempts to pull together much that has been already written about Jack
Welch, his own views from many recorded Welch interviews and his masterpiece book “Winning” co-authored by Suzy Welchi
Prepared by David Parmenter parmenter@waymark.co.nz
Copyright ©2010
Welch’s Five Foundation Stones
Minimise