Harvard Business Review

DECEMBER 16, 2016

Yes, “ leading by example ” is essential. While the incumbent customer lexicon wasn’t abandoned, it neither drove nor literally defined how marketers and innovators talked about the people they were serving. Machine learning, for example, is now as integral to Microsoft’s new value vocabulary as great code.

CEO 8

CEO Welch Health Care Innovation 8

Harvard Business Review

JULY 5, 2018

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Simplifying a bit, the chief explanations were these: First, that GE benefited from scale and dominant market positions in industrial businesses. Private equity and the new capital markets.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

NOVEMBER 24, 2015

For example, one CEO of a large technology firm oscillated between major expansions (e.g. pursuing adjacent markets, making acquisitions) and significant contractions (e.g. For example, one CEO of a large technology firm oscillated between major expansions (e.g.

Welch 8

Welch Six Sigma Real Estate Trends 8

Harvard Business Review

APRIL 26, 2016

Former GE boss Jack Welch was a master at using symbolic bets to coach GE to have the culture he wanted to achieve his strategic goals, to be #1 or 2 in every market they were in. ” In his characteristic style, Welch blasted the Elfun Society at their leadership conference. It was just what I was looking for.”

Company 8

Company Welch Bureaucracy Innovation 8

Harvard Business Review

FEBRUARY 14, 2012

In that period at General Electric, for example, engineers hired right out of school went through a career development process which included managerial training. Jack Welch laid off thousands, "de-layering," as some people called it. Over time, the company began to bulge with managers. Look laterally for career moves.

Career 15

Career Welch Information Technology Training 15

Harvard Business Review

DECEMBER 20, 2011

Of course there is no absolute answer to this question, and examples can be cited to support either side. For example, McKinsey alumni Lou Gerstner and Jeff Skillings both went on to lead large corporations. Steve Jobs, for example, often relied less on market research than on his gut feel for what customers would want.

Consultative 15

Consultative Management Welch Objective 15

Harvard Business Review

NOVEMBER 27, 2013

So it’s consistent with market forces. Yes there are exceptions — Steve Jobs and Jack Welch leap to mind. Angela Ahrendts’ move from Burberry to Apple is an example of what the wise ones do. James McNerney, Jr is another example. Consider: the average tenure of a Fortune 500 CEO is about 4.6

CEO 11

CEO Long-term Welch Pharmaceuticals 11

Harvard Business Review

JANUARY 23, 2013

Increasingly, I see people looking starry-eyed to business and markets to solve social problems. My view is that pretending companies and markets hold all the answers actually puts at risk our ability to deal with our most pressing societal problems — and to help our most vulnerable citizens. I have an M.B.A.

Porter 8

Porter Welch Health Care Marketing 8

Harvard Business Review

MAY 8, 2015

When Jack Welch was CEO of GE, he famously tasked each business with achieving number 1 or number 2 status in its industry, a goal-setting principle that echoes across the decades. For example, what if your industry has just a few key players, and they’re perennial poor performers? Is it wise to compare yourself only with them?

Company 8

Company Comparison Benchmarking Sample 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. Chief Marketing Officer Beth Comstock told me they looked to see how they could take this battery technology to new markets.

Six Sigma 8

Six Sigma Incubator Payback Period Ries 8

Harvard Business Review

JUNE 6, 2014

This includes having an in-house recruiting firm to locate the best engineering talent for the start-ups it funds, a huge boon in a wildly competitive job market. But "as our own history suggests, the economic impact of technology piracy isn''t straightforward," with examples of patents and trade secrets both helping and hurting innovation.

Engineering 8

Engineering Welch Media Wilde 8

Harvard Business Review

AUGUST 6, 2014

At the time, though, we were just in search of a new approach to building a sustainable business in that critical but often difficult market. In fact, you could say (and many did) that our previous attempts had failed, in that we hadn’t established a sustained market position. Things hadn’t gone well up until that point.

Chief Financial Officer 9

Chief Financial Officer Operations Learning-by-Doing IPO 9

Harvard Business Review

NOVEMBER 14, 2012

GE's Jack Welch was inordinately fond of emphasizing that his biggest leadership regret was that he didn't move fast enough to make fundamental changes. Speed to market" isn't what's driving the change. The struggling high-tech titan is still bleeding from self-inflicted wounds from a fractious board.

Consensus 8

Consensus Welch Retail CEO 8

Harvard Business Review

JANUARY 25, 2013

Then I met three people — a Dutch CEO, a Welch education expert and a German scientist — who saw things in a very different way. The marketing model changes. So give me an example of how this would play out for, say, a car manufacturer. But when you play it out, it just doesn't work. It's a huge challenge.

Company 9

Company Apparel Engineering Welch 9

N2Growth Blog

SEPTEMBER 19, 2010

With the plethora of reading material on the market today it is not a simple thing to make sure that you’re covering all the bases in a time efficient fashion. link] Diploma in Digital Marketing Qualification – MMC Learning | Digital Marketing [.] Social Media Marketing an hour a day – Dave Evens 7.

Blog 419

Blog Open-book Library Learning-by-Doing 419

N2Growth Blog

DECEMBER 30, 2010

If I recall correctly, Jack Welch wrote that you can only have one priority, you need to pick which it will be. From what I have observed with your son's they both seem to be winning the battle – of course it never hurts to have a great example to follow:). link] mikemyatt Thanks for stopping by Bert.

Blog 414

Blog Career Learning-by-Doing Advice 414

Harvard Business Review

OCTOBER 9, 2018

If you were entering the job market in the early 90s, most job descriptions included “Macintosh experience” or “excellent PC skills” in their preferred qualifications. Unlike Welch’s 41-year tenure at GE, today’s employees are expected to hold an average of 10 jobs before the age of 40.

Team 9

Team Welch Motivation Metrics 9

Harvard Business Review

SEPTEMBER 26, 2018

IBM may want to recast itself as a younger, forward-looking brand, for example, and actively cultivating a youthful workforce would certainly help that cause among employees and customers alike. And it’s understandable that companies seek certain types of employees to burnish their reputations.

Welch 9

Welch Reputation Diversity Media 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. Fast forward to today, and we live in a different world.

Welch 8

Welch Supply Chain Consensus Engineering 8

Harvard Business Review

JUNE 12, 2012

Within two years after becoming chief executive of General Electric in 1981, Jack Welch completed one of his most far-reaching initiatives: reducing the number of GE business units from about 150 to 15. In effect, Welch set out to focus the company on the businesses where it had the potential for greatness, and to jettison everything else.

Welch 8

Welch Diversity Hedge Chemicals 8

Harvard Business Review

DECEMBER 13, 2017

This has been a remarkable year for the markets. While the identity of the interviewed firms is confidential, it is easy to find similar examples from publicly available accounts in other firms. Consider GE during Jack Welch’s tenure, Trimble Navigation under Steve Berglund, or IBM under Lou Gerstner. MirageC/Getty Images.

Short-term 8

Short-term Decentralization Company Trends 8

Harvard Business Review

JUNE 26, 2017

Rarely do people point to encouraging employees to disagree with their managers, as Amazon does, or firing top performers, as Jack Welch did at GE. For example, at a grocery store chain I worked with, employees were steeped in an operations culture that valued efficiency and productivity.

Brand 8

Brand Company Operations Merchandising 8

Harvard Business Review

AUGUST 15, 2013

For example, 23 percent of CEOs are working on their team-building skills, but only 13 percent of directors believe this is an area that needs improvement. Is there a way to be transparent about a CEO being coached without causing shareholder and market panic? Coaching is a private and personal activity.

CEO 11

CEO Survey Charan Welch 11

Eric Jacobson

APRIL 4, 2018

Powell : The media’s narrative of leadership has long been dominated by talk of larger-than-life visionary prophets like Steve Jobs and executive warriors like Jack Welch. And hiring or holding onto the wrong CEOs costs shareholders an estimated $112 billion in lost market value every year. Why is it a problem? non-farm GDP).

CEO 50

CEO Books Succession Charisma 50

Harvard Business Review

FEBRUARY 7, 2018

Of the many contributions Jack Welch has made to business wisdom, one of his most famous was “Be #1 or #2 in every market.” Take the cereal business, for example. General Mills actually grew from #2 to #1 in market share the last few years. Let’s keep our focus on cereal as the example.

Strategy 10

Strategy Mass Marketing Business Model Brand 10

Harvard Business Review

OCTOBER 10, 2016

” Let’s go back to the IBM example. The use of assignment management, talent brokering, and experience mapping are recent examples of internal leadership development practices to make better talent-to-role matching that solves both sides of the equation — organizational need and individual development.

Leadership Development 8

Leadership Development Disaggregation Development Leadership 8

Coaching Tip

JANUARY 27, 2011

General Electric and HCL Technologies provide a good counter example. GE is known for its diversity and ability to function competitively in many markets. Many-market organization. Single market. GE and HCL. Everyone in this model knows the goals of the organization and where they fit. For GE, the situation is different.

Succession 113

Succession Welch Leadership Diversity 113

Skip Prichard

JULY 26, 2021

How do you become a market leader in the midst of rapid change? You predict that we will have only 100 dominant players in 50 markets by 2050. In fact, many of their leaders have forgotten how they got there – mission, talent, offering, and markets. Another indication of the speed and extent of dominance is market cap.

Disintermediation 131

Disintermediation Cost-Benefit Analysis Short-term Long-term 131