N2Growth Blog
JANUARY 21, 2011
While entrepreneurs are clearly talented innovators and visionaries, most first time entrepreneurs don’t have prior experience as a CEO. Jack Welch the former head of GE built a reputation as one of the great chief executives of this era. That’s about it. Transfer ideas and allocate resources and get out of the way.&#
N2Growth Blog
APRIL 2, 2010
Successful businesses adapt to market innovations and thrive, while those that fail to make iterative leaps fall by the wayside. link] Lisa Welch Hi Mike: Thanks for taking something so confusing and adding clarity by doing little more than telling the truth. Thanks for the great insights Rob. Thanks for sharing! Nicely done Mike!
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Harvard Business Review
JULY 17, 2018
The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.
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.
Harvard Business Review
JANUARY 13, 2014
Worshipping at what Christensen calls the “church of finance” hollows out a company’s competitive advantage, as it loses the capacity to invest in innovation that drives the perpetual reinvention so necessary in today’s world of temporary competitive advantage. Innovation Leadership Strategy'
Harvard Business Review
FEBRUARY 15, 2016
In October 2000, Jack Welch announced the biggest deal of his 20-year tenure as head of GE: a $45 billion merger with Honeywell. Yes, but with some caveats, according to a paper recently published in the Journal of Empirical Finance. Harman Wardani. Their aim is to drive out executives who are past their prime.
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. You need to think like a portfolio manager, allocating resources both to innovate in your core and for the future.
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