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1、LEADERSHIP,LEADERSHIP,Backingham Model Jack Welchs Leadership Secrets,By Team 2 2009-10-11,Jack Welch is a business legend.Some consider him an American treasure of sorts as hes not only helped General Electric(GE)become the worlds most admired corporation,but has also helped other companies improve
2、 through his management ideas.The man is a business genius.GE ranked as Americas Most Admired Company 4 years running until Mr.Welchs retirement.He turned GE into such a powerhouse that it will likely IP style.stay in the top 10 for years to come.,Jack Welch,“Manager of the Century”,Team 2,Contents,
3、GE-,GE is a global infrastructure,finance and media company taking on the worlds toughest challenges.From everyday light bulbs to fuel cell technology,to cleaner,more efficient jet engines,GE has continually shaped our world with groundbreaking innovations for over 130 years.From jet engines to powe
4、r generation,financial service to water processing,and medical imaging to media content,GE people worldwide are dedicated to turning imaginative ideas into leading products and service that help solve some of the worlds toughest problems.Stock Exchanges:New York Boston London Euronext Paris(Source:h
5、ttp:/),1960-Joined GE worked as a junior engineer,at a salary of$10,500.1961 Plan to leave GE.1964 Promoted to General Manager of the new factory.1968 Promoted to GM of plastic business department.1971 Promoted to Department head of chemistry&metallurgy of GE.1972 Welch was named vice president of G
6、E.1977 Moved up the ranks to become senior vice president.1979 Became GEs eighth and the youngest chairman.1981 CEO of GE while the companys 121-year history.2001 Retired.,Jack Welchs Career Path in GE,Career,Team 2,Jack Welchs Leadership Secrets,Lead More,Manage Less,Eliminate Bureaucracy,Empower i
7、ndividuals,Find the right people to do the right things,Jack Welch has a very strict standard to recruit managers:,-Must be honest,wise and capable.,-Intellectual maturity.,-The sensitive ability to the coming changes,-Appreciation of talent people,dont be jealous to them.,-With Strong will and toug
8、hness,never give up.,Cultivate Leaders:4Es+1P,Vitality Curve“20/70/10 System”,As-The top 20%,Cs-The Bottom 10%,Bs-The next 70%,Dont spend your years or your months spinning wheels trying to turn Cs into As.It wont happen.Maybe with the right sort of training and coaching,Bs might be turned into As,b
9、ut not the Cs.,Team 2,Business Tenet“No.1&No.2”,Welchs philosophy was that a company should be either#1 or#2 in a particular industry,or else leave it completely.The new theory was first introduced in 1981.“If youre No.4 or No.5 in a market,you will get the pneumonia while No.1 sneezes.”In pursuit o
10、f growth,Welch wanted only those businesses that were number 1 or 2 in their markets in the GE portfolio.,Giving self-confidence to people is the most important thing I do.,Speed is everything.,3S Speed,Simplicity,Self-confidence,Simplicity,Self-confidence,Speed,Quality can truly change GE from one
11、of the great companies to absolutely the greatest company in world business-Jack Welch,Live Quality:6-sigma DMAIC,Innovation at GE,Innovation,At GE,we believe ideas are limitless.Everyday,We go to work innovating,inventing and building the advanced technologies that are creating jobs and refefining
12、whats possible.We call it the American renewal http:/,Team 2,Criticism,Neutron Jack,Arrogant,Self-promoter,Source:“Lesson from Jack Welth”,Books by or about Jack Welch,Jacked Up:The Inside Story of How Jack Welch Talked GE into Becoming the Worlds Greatest Company(2007)What Made jack welch JACK WELC
13、H(2007)Winning:The Answers(2005)Jack Welch and The 4 Es of Leadership:How to Put GEs Leadership Formula to Work in Your Organizaion(2005)Jack Welch on Leadership(2004)Jack Welch&The G.E.Way:Management Insights and Leadership Secrets of the Legendary CEO(2004)The Welch Way:24 Lessons From The Worlds Greatest CEO(2003)Jack:Straight from the Gut(2003)29 Leadership Secrets from Jack Welch(2002)The Jack Welch Lexicon of Leadership(2001)Get Better or Get Beaten(2001)The GE Way Field book:Jack Welchs Battle Plan for Corporate Revolution(1999)Business Weekhttp:/,Our Reference-,Thank You,
