Description
This is a presentation explain on leadership qualities of Jack Welch, Ex-CEO of General Electric and how he transformed GE.
World of Welch at GE
• Jack Welch- Who was he? • GE transformed from a caterpillar to a butterfly • Mastery over people, processes, strategy & structure • Bedrock of GE – Six Sigma, Work-out, Boundaryless concept
Core Ideology at GE
Ideate!!!
Always IMPROVE Informality helps
Delving further into GE
Eliminate Jargon
Mistakes are Good !!!
Be a leader, NOT a manager
“A & B of Leadership”
Ideas
est practices lack belts oundaryless
Leaders
cquisition
“C & D of Leadership”
hange
elayering igitization ownsizing
onfidence
ustomer centered vision
E Initiative
• “e-Business is the elixir that came along and changed the DNA of GE forever” • Lessons ? Speed ? Optimum Utilization of Technology ? Less Intermediateries ? Customer focus
• MBO
• Manager
• Mind Numbing job
• Neutron Jack
• Number One Number Two Concept
• Operating System • Product Services
Quick Market Intelligence
Quality
ReArchitecting
Reality Based Leadership
Reverse Mentoring
Succession Planning
Six Sigma
Trust
Three Circles
Globalization
“Less an initiative and more a reflex”
Three phases of globalization ? Setting up global plants ? Exporting GE products abroad ? Globalizing the intellect Lessons ? Business are global not Companies ? Look to global market for double digit growth ? Make joint ventures and acquisitions ? Hire local talent ? Globalize the company’s intellect
Value
Five value ? Importance of satisfied customers ? The notion that change was constant ? Importance of sharing knowledge rather than holding it ? Paradox as a way of life ? Those who couldn’t subscribe to GE were likely to flourish better outside Lessons ? Values are driving force that shapes Organizations ? In hiring, firing and promoting, let value be your guide ? Make sure everyone knows the value of the Company ? Revise the values every year ? Never underestimate the value of values
•Unyielding Integrity
•Wedding cake hierarchy
•Welch’s Leadership paradox
Turned into
Leads to a wave of
WORKOUT
ENERGY
EDGE
ENERGIZER
EXECUTION
CONCLUSION- COMMANDMENTS OF REVOLUTION
Know the business engine Never be an autocratic bully REVOLUTION Never compromise on performance Understand the human connection
Be candid
“Managing less is managing best”
doc_947319647.pptx
This is a presentation explain on leadership qualities of Jack Welch, Ex-CEO of General Electric and how he transformed GE.
World of Welch at GE
• Jack Welch- Who was he? • GE transformed from a caterpillar to a butterfly • Mastery over people, processes, strategy & structure • Bedrock of GE – Six Sigma, Work-out, Boundaryless concept
Core Ideology at GE
Ideate!!!
Always IMPROVE Informality helps
Delving further into GE
Eliminate Jargon
Mistakes are Good !!!
Be a leader, NOT a manager
“A & B of Leadership”
Ideas
est practices lack belts oundaryless
Leaders
cquisition
“C & D of Leadership”
hange
elayering igitization ownsizing
onfidence
ustomer centered vision
E Initiative
• “e-Business is the elixir that came along and changed the DNA of GE forever” • Lessons ? Speed ? Optimum Utilization of Technology ? Less Intermediateries ? Customer focus
• MBO
• Manager
• Mind Numbing job
• Neutron Jack
• Number One Number Two Concept
• Operating System • Product Services
Quick Market Intelligence
Quality
ReArchitecting
Reality Based Leadership
Reverse Mentoring
Succession Planning
Six Sigma
Trust
Three Circles
Globalization
“Less an initiative and more a reflex”
Three phases of globalization ? Setting up global plants ? Exporting GE products abroad ? Globalizing the intellect Lessons ? Business are global not Companies ? Look to global market for double digit growth ? Make joint ventures and acquisitions ? Hire local talent ? Globalize the company’s intellect
Value
Five value ? Importance of satisfied customers ? The notion that change was constant ? Importance of sharing knowledge rather than holding it ? Paradox as a way of life ? Those who couldn’t subscribe to GE were likely to flourish better outside Lessons ? Values are driving force that shapes Organizations ? In hiring, firing and promoting, let value be your guide ? Make sure everyone knows the value of the Company ? Revise the values every year ? Never underestimate the value of values
•Unyielding Integrity
•Wedding cake hierarchy
•Welch’s Leadership paradox
Turned into
Leads to a wave of
WORKOUT
ENERGY
EDGE
ENERGIZER
EXECUTION
CONCLUSION- COMMANDMENTS OF REVOLUTION
Know the business engine Never be an autocratic bully REVOLUTION Never compromise on performance Understand the human connection
Be candid
“Managing less is managing best”
doc_947319647.pptx