Harvard Business Review

JANUARY 13, 2014

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” Welch himself said in 2009 that optimizing a business for shareholder returns is the “dumbest idea in the world.”.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

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. In 2009, GE’s transportation unit developed a new sodium battery for a hybrid engine for locomotives.

Six Sigma 8

Six Sigma Incubator Payback Period Ries 8

Harvard Business Review

APRIL 26, 2016

” This is a framework I have developed over the course of 35 years of working with and doing research in corporations around the world. And yet without Box 2, organizations don’t truly transform; they persist in limiting ways of operating. Now it’s less than 15 years. So, how do you build Box 2 muscle?

Company 8

Company Welch Bureaucracy Innovation 8

Harvard Business Review

JUNE 21, 2012

But his division's operations department was adamant it could not be done given the tremendous complexity of its processes. Not only were costs cut, but operations became more focused and simplified. The definition of the market needed to be changed based on an expanded understanding of its customers' needs. Prime the Pump.

360-Degree Feedback 18

360-Degree Feedback Welch Active Listening CEO 18

Harvard Business Review

DECEMBER 20, 2011

Running a country calls for a sophisticated array of leadership skills — from shaping strategy to building a team to managing day-to-day operations. Gerstner turned around IBM and developed a reputation as one of the most effective executives ever — while Skillings played a major role in destroying Enron and ended up in jail.

Consultative 15

Consultative Management Welch Objective 15

Harvard Business Review

AUGUST 6, 2014

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. Things hadn’t gone well up until that point. search engine company Inktomi in 2002.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

N2Growth Blog

OCTOBER 6, 2010

The highlight of the day for me was when Jack Welch took center stage, and center stage he took. Leaders get too caught up in trivial things and don’t pay enough attention to leadership development. The lack of leadership development in most organizations is tragic. Leaders make the news, they don’t report it.

Blog 315

Blog Brand Media Influence 315

N2Growth Blog

SEPTEMBER 19, 2010

As an advisor to CEOs, there is little doubt that I’m passionate about personal and professional development, and there is one simple reason why – it works. Great leaders are like a sponge when it comes to the acquisition of knowledge, the development of new skill sets, and the constant refinement of existing competencies.

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. The generation we call the 'silent' generation and the early Boomer cohort exemplified the 'sold my soul to the company store' gospel.

Blog 402

Blog Career Learning-by-Doing Advice 402

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

DECEMBER 13, 2017

This has been a remarkable year for the markets. Consider GE during Jack Welch’s tenure, Trimble Navigation under Steve Berglund, or IBM under Lou Gerstner. This means all R&D is subtracted from operating income in the year it’s expended, while the payoffs to R&D don’t occur until future periods.

Short-term 8

Short-term Decentralization Company Trends 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

JUNE 26, 2017

Ask people how to develop a good corporate culture, and most of them will immediately suggest offering generous employee benefits, like they do at Starbucks, or letting people dress casually, as Southwest Airlines does. When you think and operate in unique ways internally, you can produce the unique identity and image you desire externally.

Brand 8

Brand Company Operations Merchandising 8

Harvard Business Review

OCTOBER 10, 2016

As work itself is changing, some of the basic tenets of leadership development are being challenged. To meet these challenges, we see three priorities for developing the next generation of leaders in the “work-disrupted” age: Mastery of Digital. Developing Tomorrow’s Leaders. Insight Center.

Leadership Development 8

Leadership Development Disaggregation Development Leadership 8

Coaching Tip

JANUARY 27, 2011

Certainly, these folks have the skill to develop a major corporation, after all that is precisely how we came to know their names. One can hardly imagine a decentralized decision- making process in his operations. GE is known for its diversity and ability to function competitively in many markets. Many-market organization.

Succession 113

Succession Welch Leadership Diversity 113

Harvard Business Review

MAY 14, 2014

Instead, it operates more like GE. As the 2010 case describes: By his own admission, Ma was a fan of Jack Welch, so it was only natural that his organization came to resemble that of GE in some regards. Alibaba, the Chinese internet titan that filed for an IPO in the U.S. last week, could be the largest tech IPO in history.

IPO 12

IPO Welch Strategy Long-term 12

N2Growth Blog

OCTOBER 7, 2010

Bravo Nando… Jack Welch - The former Chairman and CEO of GE reminded us of the value of candor. Candor, clarity, humility, passion and a heart for service characterize Jack Welch. He spared us the business speak and rhetoric and said things that all leaders needed to hear.

Blog 310

Blog Blue Ocean Strategy Collins Video 310