SlideShare une entreprise Scribd logo
1  sur  20
Leadership
Group-2
Radhika, Sourabha & Thenkani
Section- A
1. ---
2. ---
3. ---
Please keep your mobile phones on silent mode.
1. ---
2. ---
3. ---
?
Rules to be followed during the Presentation
Kindly wait until the end to ask questions
Silence=Approval
Kindly pay attention, We have a quiz coming up at the end!!
Introduction
Leadership- A matter of ‘choice’ and ‘determination’
• Leaders who created new and profitable ideas
• People who affected political, civic and social changes in the economic world
• INSPIRED and TRANSFORMED others
• In this book,
The characters of leaders are shown which makes them what they are. Major
challenges in there business career and how they tackled it.
One Such Leader , we chose for today’s presentation is
Jack Welch – He is not only a leader, but a leader who has made many
leaders and the legacy continues……
Executive Summary
 This presentation is a brief on the life and success story of Jack Welch,
former CEO, GE.
 The character traits of Jack Welch which steered him in becoming a
leader, his passion towards work, his take on bureaucracy will be
discussed in detail.
 We also take a look at the challenges faced by him and his various
achievements.
 We conclude by discussing the lessons learnt – “What is in it for us?”
Here comes your footer  Page 4
LEADER - Jack Welch
A Brief History about
• 1890 - The Edison General Electric Company begins
•1892 – GE formed as a result of merger
•Over the years its innovation, competitiveness and the vision to “make a world for
tomorrow” and “Why to predict the future when we can create one?” attitude has led
the various innovative products for which GE is known.
•1942 – Develops the 1st
American Jet Engine.
•1955 – Creates the first artificial Diamonds.
•GE is into Aviation, Health products, Power generation – Renewable as well as
non-renewable sources , Intelligence platforms and so on.
Jack Welch – TIMELINE
1935: Born to a railway conductor and a home maker Jack Welch was an intelligent kid from the
very childhood.
His mother was a source of inspiration and a constant push to his self confidence.
1957: Graduated from the University of Massachusetts with a B.S. in Chemical engineering
and entered in University of Illinois and earns M.S. And Ph.D. in Chemical engineering.
1960: Entered GE as a junior engineer at a salary of $10,500 and begins to question the bureaucracy
in the organization.
1965: Helped to develop a plastic product which became a $1Bn business for the company.
1965-1981: From Manager to Area head to CEO – Jack had set his career objective to become the
head of the company. He became the youngest CEO of GE, at the age of 46.
NEUTRON Jack- “The Radical”
1.Lead, not manage: Someone who came up with good ideas, energize and excite people
rather than enervate, depress and control.
2.Don’t TOLERATE Bureaucracy, BLOW it Up: Bureaucracy can be the most
stubborn disease, but we can simplify and remove complexity and formality to make a company
more responsive and agile.
3.Face REALITY, stop Assuming: Various restructuring plans in the company
including closing down of business and laying off the business which were in losses.
4.SIMPLIFY Things : To Welch, business can be exciting and simple, without jargon and
complexity.
5. Perfectionist : Initiated Six-Sigma to improve quality and reduce defects to 99.99966%
of perfection.
EXECUTION
KEY GE LEADERSHIP
INGREDIANTS ‘E^4’
CHALLENGES
 Fighting a battle that didn’t exist.
 Communicating his vision
 Eliminating the weak links at GE
 Restructuring GE to make it more
profitable
 Continually scanning the environment
for new opportunities
Achievements
 Youngest CEO of GE
 Took GE from $10 billion to a $500 billion
company
 Launched Six-sigma
 Cultivated Leaders
 Has a management Institute named after him
 Published the book “Straight from the gut” in 2001
 Also wrote the book “Wining” in 2005
 For his employees at GE, Welch said he felt proud to be able to enrich
their lives with their jobs, while making them wealthier than they could
imagine and that, he said was his greatest achievement.
Leadership Lessons
 Involve everyone and welcome great ideas
 Drop unnecessary work
 Make your workplace more informal
 Look at things with a fresh eye
 Don’t harp on numbers, let the values rule
He will be remembered as Neutron Jack.
Conclusion
 The true learning of this course is to
realize the leader in us. By the detailed
research on Jack Welch, a lot has been
learnt and there is more to come in the
following days.
 It is the future that drives many leaders
forward and that future is what we are
here to build.
“A leader focuses on shaping tomorrow. There is
little or nothing you can do about yesterday. Learn
from it but don’t waste a moment on it. Get on
with tomorrow”
Time for some fun
At what age did Jack
Welch become the CEO
of GE?
YESSSSS!!
46 it is!!!
Name a book written by
Jack Welch
You got it right again
What was the nick name
of Jack Welch @ GE?
YOU ARE ABSOLUTELY
RIGHT!
It is NEUTRON Jack 
Name any two E’s of the
key GE leadership
ingredients
And we thought you
would’nt remember!!!
Energy
Energizer
Edge
Execution
How can Jack Welch be
called a perfectionist?
That was pretty easy
Six Sigma!!
Jack welch

Contenu connexe

Tendances

Happy at Work Conference; David Bonifacio - Makati, Philippines
Happy at Work Conference; David Bonifacio - Makati, Philippines Happy at Work Conference; David Bonifacio - Makati, Philippines
Happy at Work Conference; David Bonifacio - Makati, Philippines PayrollHero
 
Happy at Work Conference: Lessons on Engaging an Exciting Generation
Happy at Work Conference: Lessons on Engaging an Exciting GenerationHappy at Work Conference: Lessons on Engaging an Exciting Generation
Happy at Work Conference: Lessons on Engaging an Exciting GenerationDavid Bonifacio
 
Good To Great_Presentation_LinkedIn
Good To Great_Presentation_LinkedInGood To Great_Presentation_LinkedIn
Good To Great_Presentation_LinkedInSashenka Goodall
 
Crea 2011 creative leadership slides
Crea 2011 creative leadership slidesCrea 2011 creative leadership slides
Crea 2011 creative leadership slidessmhvanderlaak
 
Lean Learning: Iowa Lean Consortium Presentation
Lean Learning: Iowa Lean Consortium PresentationLean Learning: Iowa Lean Consortium Presentation
Lean Learning: Iowa Lean Consortium PresentationChet Marchwinski
 
Good to Great for Non-Profits: A Unified Model
Good to Great for Non-Profits: A Unified ModelGood to Great for Non-Profits: A Unified Model
Good to Great for Non-Profits: A Unified ModelSteven Koster
 
Good To Great - Concepts
Good To Great - ConceptsGood To Great - Concepts
Good To Great - ConceptsVanessa Tan
 
Good to great book review
Good to great book reviewGood to great book review
Good to great book reviewnikhil kadam
 
Agile to boost value for customers, employees and communities
Agile to boost value for customers, employees and communitiesAgile to boost value for customers, employees and communities
Agile to boost value for customers, employees and communitiesEmiliano Soldi
 

Tendances (13)

Happy at Work Conference; David Bonifacio - Makati, Philippines
Happy at Work Conference; David Bonifacio - Makati, Philippines Happy at Work Conference; David Bonifacio - Makati, Philippines
Happy at Work Conference; David Bonifacio - Makati, Philippines
 
Happy at Work Conference: Lessons on Engaging an Exciting Generation
Happy at Work Conference: Lessons on Engaging an Exciting GenerationHappy at Work Conference: Lessons on Engaging an Exciting Generation
Happy at Work Conference: Lessons on Engaging an Exciting Generation
 
Good To Great_Presentation_LinkedIn
Good To Great_Presentation_LinkedInGood To Great_Presentation_LinkedIn
Good To Great_Presentation_LinkedIn
 
Crea 2011 creative leadership slides
Crea 2011 creative leadership slidesCrea 2011 creative leadership slides
Crea 2011 creative leadership slides
 
Lean Learning: Iowa Lean Consortium Presentation
Lean Learning: Iowa Lean Consortium PresentationLean Learning: Iowa Lean Consortium Presentation
Lean Learning: Iowa Lean Consortium Presentation
 
Good to Great for Non-Profits: A Unified Model
Good to Great for Non-Profits: A Unified ModelGood to Great for Non-Profits: A Unified Model
Good to Great for Non-Profits: A Unified Model
 
Good To Great Presentation
Good To Great PresentationGood To Great Presentation
Good To Great Presentation
 
Drucker
DruckerDrucker
Drucker
 
Bradley Scott (Xero)
Bradley Scott (Xero)Bradley Scott (Xero)
Bradley Scott (Xero)
 
Chapter 7 9
Chapter 7 9Chapter 7 9
Chapter 7 9
 
Good To Great - Concepts
Good To Great - ConceptsGood To Great - Concepts
Good To Great - Concepts
 
Good to great book review
Good to great book reviewGood to great book review
Good to great book review
 
Agile to boost value for customers, employees and communities
Agile to boost value for customers, employees and communitiesAgile to boost value for customers, employees and communities
Agile to boost value for customers, employees and communities
 

Similaire à Jack welch

General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...
General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...
General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...Arjun Parekh
 
Steve jobs leadership role
Steve jobs leadership roleSteve jobs leadership role
Steve jobs leadership roleAaqi
 
Jack welch and jeff immelt
Jack welch and jeff immeltJack welch and jeff immelt
Jack welch and jeff immeltAlper Aykac
 
Jack Welch Biography Presentation
Jack Welch Biography PresentationJack Welch Biography Presentation
Jack Welch Biography PresentationRishabh Jain
 
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSSteve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSMicky Lyf
 
1-Introductiona. Background information This part explains t.docx
1-Introductiona. Background information This part explains t.docx1-Introductiona. Background information This part explains t.docx
1-Introductiona. Background information This part explains t.docxjeremylockett77
 
Inside thegurumind jackwelch
Inside thegurumind jackwelchInside thegurumind jackwelch
Inside thegurumind jackwelchRichard Go
 
who is entreprenuer..pptx
who is entreprenuer..pptxwho is entreprenuer..pptx
who is entreprenuer..pptxSadiaMehrin1
 
Leadership Lessons from Mr. Jack Welch
Leadership Lessons from Mr. Jack Welch Leadership Lessons from Mr. Jack Welch
Leadership Lessons from Mr. Jack Welch Berryrkv Berry
 
Article regarding Steve JobsThere can be little debate that Stev.docx
Article regarding Steve JobsThere can be little debate that Stev.docxArticle regarding Steve JobsThere can be little debate that Stev.docx
Article regarding Steve JobsThere can be little debate that Stev.docxfredharris32
 
entrep-10-presentation-lesson-2.pdf
entrep-10-presentation-lesson-2.pdfentrep-10-presentation-lesson-2.pdf
entrep-10-presentation-lesson-2.pdfMcKevinVargas
 
Leadership Blog.pdf
Leadership Blog.pdfLeadership Blog.pdf
Leadership Blog.pdfSmartSkill97
 

Similaire à Jack welch (20)

General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...
General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...
General Electric - Jack Welch and Jeffrey Immelt - (CEO Succession) | Organiz...
 
Steve jobs leadership role
Steve jobs leadership roleSteve jobs leadership role
Steve jobs leadership role
 
Jack welch and jeff immelt
Jack welch and jeff immeltJack welch and jeff immelt
Jack welch and jeff immelt
 
30313664 assignment1
30313664 assignment130313664 assignment1
30313664 assignment1
 
Steve Jobs
Steve JobsSteve Jobs
Steve Jobs
 
Jack Welch Biography Presentation
Jack Welch Biography PresentationJack Welch Biography Presentation
Jack Welch Biography Presentation
 
Ge mcis
Ge mcisGe mcis
Ge mcis
 
Leading with Heart.pptx
Leading with Heart.pptxLeading with Heart.pptx
Leading with Heart.pptx
 
Ge Final1
Ge Final1Ge Final1
Ge Final1
 
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSSteve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
 
1-Introductiona. Background information This part explains t.docx
1-Introductiona. Background information This part explains t.docx1-Introductiona. Background information This part explains t.docx
1-Introductiona. Background information This part explains t.docx
 
Inside thegurumind jackwelch
Inside thegurumind jackwelchInside thegurumind jackwelch
Inside thegurumind jackwelch
 
Jack Welch
Jack Welch Jack Welch
Jack Welch
 
who is entreprenuer..pptx
who is entreprenuer..pptxwho is entreprenuer..pptx
who is entreprenuer..pptx
 
The 30 most inspirational business leaders to watch, 2018
The 30 most inspirational business leaders to watch, 2018The 30 most inspirational business leaders to watch, 2018
The 30 most inspirational business leaders to watch, 2018
 
Leadership Lessons from Mr. Jack Welch
Leadership Lessons from Mr. Jack Welch Leadership Lessons from Mr. Jack Welch
Leadership Lessons from Mr. Jack Welch
 
Article regarding Steve JobsThere can be little debate that Stev.docx
Article regarding Steve JobsThere can be little debate that Stev.docxArticle regarding Steve JobsThere can be little debate that Stev.docx
Article regarding Steve JobsThere can be little debate that Stev.docx
 
entrep-10-presentation-lesson-2.pdf
entrep-10-presentation-lesson-2.pdfentrep-10-presentation-lesson-2.pdf
entrep-10-presentation-lesson-2.pdf
 
Leadership Blog.pdf
Leadership Blog.pdfLeadership Blog.pdf
Leadership Blog.pdf
 
Empowered People
Empowered PeopleEmpowered People
Empowered People
 

Dernier

How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Associazione Digital Days
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryEffective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryWhittensFineJewelry1
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfJamesConcepcion7
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersPeter Horsten
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxran17april2001
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 

Dernier (20)

How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryEffective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdf
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exporters
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptx
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 

Jack welch

  • 2. 1. --- 2. --- 3. --- Please keep your mobile phones on silent mode. 1. --- 2. --- 3. --- ? Rules to be followed during the Presentation Kindly wait until the end to ask questions Silence=Approval Kindly pay attention, We have a quiz coming up at the end!!
  • 3. Introduction Leadership- A matter of ‘choice’ and ‘determination’ • Leaders who created new and profitable ideas • People who affected political, civic and social changes in the economic world • INSPIRED and TRANSFORMED others • In this book, The characters of leaders are shown which makes them what they are. Major challenges in there business career and how they tackled it. One Such Leader , we chose for today’s presentation is Jack Welch – He is not only a leader, but a leader who has made many leaders and the legacy continues……
  • 4. Executive Summary  This presentation is a brief on the life and success story of Jack Welch, former CEO, GE.  The character traits of Jack Welch which steered him in becoming a leader, his passion towards work, his take on bureaucracy will be discussed in detail.  We also take a look at the challenges faced by him and his various achievements.  We conclude by discussing the lessons learnt – “What is in it for us?” Here comes your footer  Page 4
  • 6. A Brief History about • 1890 - The Edison General Electric Company begins •1892 – GE formed as a result of merger •Over the years its innovation, competitiveness and the vision to “make a world for tomorrow” and “Why to predict the future when we can create one?” attitude has led the various innovative products for which GE is known. •1942 – Develops the 1st American Jet Engine. •1955 – Creates the first artificial Diamonds. •GE is into Aviation, Health products, Power generation – Renewable as well as non-renewable sources , Intelligence platforms and so on.
  • 7. Jack Welch – TIMELINE 1935: Born to a railway conductor and a home maker Jack Welch was an intelligent kid from the very childhood. His mother was a source of inspiration and a constant push to his self confidence. 1957: Graduated from the University of Massachusetts with a B.S. in Chemical engineering and entered in University of Illinois and earns M.S. And Ph.D. in Chemical engineering. 1960: Entered GE as a junior engineer at a salary of $10,500 and begins to question the bureaucracy in the organization. 1965: Helped to develop a plastic product which became a $1Bn business for the company. 1965-1981: From Manager to Area head to CEO – Jack had set his career objective to become the head of the company. He became the youngest CEO of GE, at the age of 46.
  • 8. NEUTRON Jack- “The Radical” 1.Lead, not manage: Someone who came up with good ideas, energize and excite people rather than enervate, depress and control. 2.Don’t TOLERATE Bureaucracy, BLOW it Up: Bureaucracy can be the most stubborn disease, but we can simplify and remove complexity and formality to make a company more responsive and agile. 3.Face REALITY, stop Assuming: Various restructuring plans in the company including closing down of business and laying off the business which were in losses. 4.SIMPLIFY Things : To Welch, business can be exciting and simple, without jargon and complexity. 5. Perfectionist : Initiated Six-Sigma to improve quality and reduce defects to 99.99966% of perfection.
  • 10. CHALLENGES  Fighting a battle that didn’t exist.  Communicating his vision  Eliminating the weak links at GE  Restructuring GE to make it more profitable  Continually scanning the environment for new opportunities
  • 11. Achievements  Youngest CEO of GE  Took GE from $10 billion to a $500 billion company  Launched Six-sigma  Cultivated Leaders  Has a management Institute named after him  Published the book “Straight from the gut” in 2001  Also wrote the book “Wining” in 2005  For his employees at GE, Welch said he felt proud to be able to enrich their lives with their jobs, while making them wealthier than they could imagine and that, he said was his greatest achievement.
  • 12. Leadership Lessons  Involve everyone and welcome great ideas  Drop unnecessary work  Make your workplace more informal  Look at things with a fresh eye  Don’t harp on numbers, let the values rule He will be remembered as Neutron Jack.
  • 13. Conclusion  The true learning of this course is to realize the leader in us. By the detailed research on Jack Welch, a lot has been learnt and there is more to come in the following days.  It is the future that drives many leaders forward and that future is what we are here to build. “A leader focuses on shaping tomorrow. There is little or nothing you can do about yesterday. Learn from it but don’t waste a moment on it. Get on with tomorrow”
  • 14. Time for some fun
  • 15. At what age did Jack Welch become the CEO of GE? YESSSSS!! 46 it is!!!
  • 16. Name a book written by Jack Welch You got it right again
  • 17. What was the nick name of Jack Welch @ GE? YOU ARE ABSOLUTELY RIGHT! It is NEUTRON Jack 
  • 18. Name any two E’s of the key GE leadership ingredients And we thought you would’nt remember!!! Energy Energizer Edge Execution
  • 19. How can Jack Welch be called a perfectionist? That was pretty easy Six Sigma!!