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JOHN FRANCIS WELCH (AKA) JACK WELCH

Leader: - The word leader derives from words meaning a path or a road. It highlights the importance of guidance on a journey. (Hannagan, 1998)

PURPOSE:

The Purpose of this assignment was to research, discuss, appraise and critically evaluate our chosen leader, identifying the leadership
style and traits within their organisation also to evaluate the effect; this would have on different organisation.

PROFILE CAREER IN GE
“LEADERSHIP IS THE PROCESS OF INFLUENCING THE ACTIVITIES OF AN ORGANISED GROUP IN ITS EFFORTS
• 1960- Joined GE as a Junior Chemical Engineer.
• Born in Salem (USA) on 19th November 1935. TOWARD GOAL SETTING AND GOAL ACHIEVEMENT”. ( STOGDILL , 1950, P,3)
• 1972- Youngest Vice President.
• His father John, a Boston & Maine Railroad Conductor & mother Grace house wife. (HUCZYNSKI & BUCHANAN, 2001)

• 1979- Senior Vice President.


• B.S. degree in Chemical Engineering, University of Massachusetts (USA), 1957. Jack Welch success as ceo of ge
• 1981- GE’s 8th and Youngest CEO.
• Member of ALPHA CHAPTER of the PHI SIGMA KAPPA fraternity, University of chairman & Ceo, 1981-2001
Massachusetts.
• 2001- Retired as Chairman & CEO Of GENERAL
ELECTRIC.
• M.S. and PhD degree in Chemical Engineering, University of Illinois (USA), 1960.

JACK WELCH STRATEGIES & LEADERSHIP


Welch era and success story at GE : 1981-2001
 WELCH STRATEGIES
 Welch era
 Globalization
PERSONALITY TRAITS
During initial five years as CEO he initiated:
 Services
 Enormous Job Cuts.
 1995- Introduced six sigma
 TransformationalLeadership
GE should be no. 1 or no. 2 in all business or get out of them.
 E-Business
 Leading Rather than
 Controlling
Disposed off the business with low- growth prospects. JACK WELCH THOUGHTS FOR MANAGEMENT
 Against Formal Bureaucracy
 Informal company “JACK IS THE TIGER WOODS OF MANAGEMENT. ALL CEO’S WANT TO EMULATE HIM. THEY WON’T  LEADERSHIP QUALITIES
 Dynamic  Shed more than 100,000 workforce through layoffs BE ABLE TO, BUT THEY’LL COME CLOSER IF THEY LISTEN CAREFULLY TO WHAT HE HAS TO SAY”  Down to Earth
 Task Oriented  Expanded business
 Powerful
 Influential
 Acquisition of RCA corp.  Create a Vision and then make a vision
reality
 Consistent “Start Everyday as if it were your first day on the Job, he told his manager
During the 1980, Welch was given the nick name “Neutron Jack” for  Focus on Strategies issue.
 SUCCESS STORY
eliminating employees, while leaving the office building intact.
Make Whatever Changes are necessary to improve things.”
 Don’t Micromanage
 Tremendous leadership skills
Involve everyone and welcome great ideas from everywhere
 Effective communication with employees

 Informal learning environment


CONCLUSION:

Jack Welch is a transformational style leader, who believed in 4E’s (Energy, Energizers, Edge, and Execute), Which are the key
factors to run a successful organisation. Because of his education he has technological skills, which helped in understand various
factors in depth, and his start from Junior Engineer to one of the successful Chairman of the GE’s show’s his hard work and
commitment to the Organisation. Jack welch the manager of the century had came from an humble background which helped him to
know better experience of understanding the social & economy environment,his education gives an edge over different sectors which
helps in multitasking,at the end of the day his traits & skills made him the ultimate leader of his own approach,his dynamic approach
towards the problem solving which even applies to present situation makes him leader of his kind who can stand & deliver sucesses
to organisation whichever he is in,so thats what makes jack an ultimate leader who can put into any kind of organisation,& he can
bring change in his own way thats one & only welch”s way. According to managerial grid Ohio State leadership theory , leadership
exhebuted