Harvard Business Review

JULY 17, 2018

In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. There were three problems in particular: The Board Was Too Big.

Committee 8

Committee Welch Finance Participative 8

Harvard Business Review

JULY 5, 2018

He introduced a strategic planning process directed from the center. The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Although China is the most important example of this strategy today, the idea is not new. Business schools.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

MAY 13, 2014

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. The hard part is executing the idea to build a business, which takes a process that actually works.

Six Sigma 8

Six Sigma Incubator Payback Period Ries 8

Harvard Business Review

OCTOBER 17, 2013

I still see examples of what happened at Mid Staffs in even the best of hospitals. Earlier in my career, I had the chance to visit leaders such as Jack Welch (GE), Paul O’Neill (Alcoa), and Ralph Larsen (Johnson & Johnson). Leaders need to build reliable processes to hear the staff. Could it happen elsewhere?

Crisis 9

Crisis Health Care Quality Welch 9

Harvard Business Review

SEPTEMBER 9, 2015

Working across organizational boundaries was a new way of thinking 25 years ago —one that was largely championed by Jack Welch, then CEO of GE. Welch’s “boundaryless organization” should seemingly be the de facto reality for most companies. They didn’t want to implement processes that prevented this.

Welch 8

Welch Supply Chain Consensus Engineering 8