1. JACK WELCH
Presented by: Deepika
Vipin Kaushik
Sunil Kumar Sharma
Dhirendra Kumar Sharma

2. JOHN FRANCIS WELCH
 Born in Salem in 19th November’ 1935
 Father John, a Boston & Maine Railroad
conductor & Mother Grace, a housewife
 Mr. Welch, a native of Salem, Massachusetts
USA
 B.S Degree in Chemical Engineering from the
University of Massachusetts in 1957
 M.S and Ph.D. Degree in Chemical
Engineering from the University of IIinois in
1960

3. JACK WELCH CAREER IN
 In 1960, Mr. Welch joined GE as a Chemical Engineer
 In 1972, he became youngest Vice President
 In 1979, he became Senior Vice President
 In 1981, he was chosen to be company’s eighth and
youngest CEO
 In 2001, he retired as Chairman and CEO of General
Electric

4. LEADERSHIP QUALITIES
 Down to Earth
 Powerful
 Create a vision and then make
vision a reality
 Focus on Strategies issue
 Don’t micro manage
 Involve everyone and welcome great
ideas from everywhere

5. JACK WELCH
THOUGHTS FOR MANAGEMENT
“Jack is the Tiger Woods of Management. All CEO’s
want to emulate him. They won’t be able to, but they’ll
come closer if they listen carefully to what he has to say”

6. WELCH STRATEGIES :
 Globalization
 Services
 In the 1995s – introduced Six Sigma
 E-business

7. JACK WELCH SUCCESS STORY :
 TREMENDUOS LEADERSHIP SKILLS
 EFFECTIVE COMMUNICATION WITH EMPLOYEES
 INFORMAL LEARNING ENVIRONMENT
JACK WELCH WAS ALSO KNOWN AS :
 DESTROYER OF NINE LAYER MANAGEMENT HIERACHY

8. OTHER THOUGHTS SHARED BY WELCH
“If you’re not fast you can’t win … Speed
is everything. It is the indispensable
ingredient of competitiveness.”
Welch’s prescription for winning in business
 Speed
 Simplicity
 Self-confidence

9. IDEA IN ‘STRAIGHT FROM THE GUT’
 Integrity - ”I never had two agendas” - There was only
one way – the straight way
 People First, Strategy Second - Getting the right people
in the right jobs is a lot more important than developing a
strategy
 Passion - No detail is too small to making the dream true
 Stretch - Stretch is reaching for more than what you
thought possible
 Celebrations - Do business like to be fun

10. CONTD…
 Competitors - Never underestimate the other guy
 Owning the People - Always run the factory people to
build great leaders
 Appraisals All the Time - ”Appraisals to me were like
breathing”
 Chart Maker - He always thought that chart-making
clarified thinking better than anything else

11. CONTD…
 Setting a Tone - He always told that their business
leaders their personal intensity & determined their
organization’s intensity.
 Maximizing an Organization’s Intellect - Taking
everyone’s best ideas and transferring them to others
within organization