article thumbnail

Nice Guys Can Finish First

Marshall Goldsmith

And not many people remember that Jack Welch has a PhD in chemical engineering. That’s because none of the problems he encountered in his last 30 years at GE were in any way related to his skill at chemical titration or formulating plastics. And start developing it. Life is good. Marshall@MarshallGoldsmith.com.

Chemicals 133
article thumbnail

The Seven Deadly Sins of Management

Harvard Business Review

I developed these ideas during seminars with executives where we discussed their experiences of good and bad management. To the "widespread astonishment" of the business world, he traded in the company's valuable holding in chemical giant Du Pont in order to buy up Universal Studios. Wrath doesn't need a whole lot of explanation.

article thumbnail

The Coherent Conglomerate

Harvard Business Review

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