A look at the successes and management strategy of Jack Welch, the former CEO of General Electric Corporation.
Written in 2003; 2,822 words; 5 sources; MLA; $ 84.95
Paper Summary:
This paper examines how many credit the recent success of the General Electric Corporation to one revolutionary man, Jack Welch, who served as the CEO of GE from 1981 to 2001. It discusses how his management practices have been the subject of numerous books, and recently, his own autobiography. It analyzes some of the major steps Welch took in taking GE from a manufacturing company to one of the largest global conglomerates in the world. Topics covered include globalization, e-commerce, the RCA and NBC merger, and Welch's six best practices for success.
From the Paper:
"The future seems to be bright for General Electric's e-businesses. As the world shifts from a traditional way of doing business to cyberspace, GE, has secured its place as a long term success and ensures that it will not be left behind as many older companies may, if not utilizing the Internet as a valuable tool. Now more than ever companies like GE can reach all over the globe at a fast pace, and provide information 24 hours of the day. While Jack Welch, now retired and preceded by Jeffrey Immelt, may no longer be head of the company, his firm backing and handling of the Internet revolution with GE's businesses is sure to lead the market, both locally and globally, as it already has for many years."
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