article thumbnail

Hot Seat: Jeff Immelt at GE

Leading Blog

I N SEPTEMBER 2001, Jack Welch was a tough act to follow. Jack Welch led GE to some impressive numbers. And in 2001, the economic tailwinds that Welch enjoyed were about to shift. And in 2001, the economic tailwinds that Welch enjoyed were about to shift. Much of what needed to be done at GE were long-term propositions.

Welch 268
article thumbnail

Talent Identification and Management

Career Advancement

“Talent management deserves as much focus as financial capital management in corporations.” ~ Jack Welch One of the best ways to strengthen your company as a whole is to devote attention to developing your employee talent. Sit down with individual team members and help them set work performance goals for themselves.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

English Football (Soccer) and Executive Development

N2Growth Blog

A rare exception to the “go outside for talent” mantra was General Electric under the reign of CEO Jack Welch. Of course, I had to pull out some weeds, too.” ~Jack Welch. Training is a current cost with a long-term payback. You can either spend money on outside people and tick the box, or solve the problem for the long term.

Execution 298
article thumbnail

Why You Shouldn’t Put The Business Cart Before The Leadership Horse

Terry Starbucker

Because as Jack Welch, former CEO of GE has said, It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it. It was “slash and burn” our way to a “profitable exit” over a very short term.

Welch 320
article thumbnail

The Courage to Lead with Character and Resiliency

Leading Blog

Jack Welch, who led General Electric as its CEO from 1981 to 2001observed that mid-level leaders at GE struggled with having the courage to make a decision. Although toxic leaders might achieve some success over the short term, it is character-based, servant leaders with strong values who gain sustained success and results.

Welch 252
article thumbnail

Leadership: A Delicate Balance

General Leadership

Jack Welch. The short-term gains will quickly give way to an exhausted team and little to no production. There’s no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences. If there is no push to get the job done, the organization fails.

article thumbnail

The Topgrading Dilemma

LDRLB

Tograding was made most popular by former General Electric CEO Jack Welch. Welch’s practice at GE was to locate the top 20 percent of performers, celebrate them and pay them handsomely. Welch advocates such performance evaluations up to 4 times per year. Lastly, the bottom 10 percent would be “invited to be successful else.”

Welch 107