Presentation on JACK WELCH: LEXICON OF LEADERSHIP
BY Jagruti Aacharya(1) Snehal Chaudhari(41) Rohini Singh(51)
Strong managers who make tough decisions to cut jobs provide the only true job security in world. Weak managers are the problems. Weak managers destroy jobs.
Jack Welch
Leader
Lexicon
Goal of the Welch Lexicon
1 2
• guided tour of the language and strategies.
• impart additional insights into Welch?s key companywide initiatives.
• chronicle the evolution of Welch?s leadership thinking.
3
Bureaucracy
Fight it,kick it,just work it out
Globalization
Ideas
The hero is the one with in the game Involving every ONE ideas
Integrated diversity
Elimination of boundaries in business
The four E?s of leadership
4 “E”
Confidence
Boundaryless
Before debilitation
After debilitation
Authentic leadership
Initiatives : The „e? initiative
The art of managing
Facing reality
Best practice
Eliminate : Not invented here
? ? ? ? ? ?
Operate in 170 countries Have 60 to 70 major product lines More than a dozen Customer Segments 3D Matrix Organization More than 1,00,000 cells Value Based Management System
Online Jam
? o
In July 2003, IBMs 1st Online Jam “Value Jam” To Discuss Company Values
o
o o
72 Hour Experiment
6 Months Review Employees posting 10,000 comments
? o o
In October 2004, IBMs 2nd Online Jam “Log Jam” To Identify Barriers to Innovation To Identify Barriers to Revenue Growth
CEO-PALMISANO
? ? ?
Started At IBM in 1973 as a Salesman A True-Blue IBMer A Result Driven Personality
? ? ?
Palmisano’s First Task Queried 300 Senior Executives Surveyed 1000 Employees
?
Sensed IBM’s Values & Employee Aspirations
Corporate Beliefs & Values
?
Thomas Watson?s 3 Basic Beliefs
?
? ?
Respect for the individual
Best Customer Service The Pursuit of Excellence
?
Palmisano?s New Set of Corporate Values
? ? ?
Dedication to Every Client’s Success Innovation that matters Trust & Personal Responsibility
IBMs New Corporate Values
Corporate Values
DEDICATION TO CLIENT SUCCESS
INNOVATION
TRUST AND PERSONAL RESPONSIBILITIES
DEDICATION TO CLIENT SUCCESS
INNOVATION
TRUST AND PERSONAL RELATION
• RELATION WITH INVESTORS
RELATION WITH COMMUNITIES
doc_709519091.pptx
BY Jagruti Aacharya(1) Snehal Chaudhari(41) Rohini Singh(51)
Strong managers who make tough decisions to cut jobs provide the only true job security in world. Weak managers are the problems. Weak managers destroy jobs.
Jack Welch
Leader
Lexicon
Goal of the Welch Lexicon
1 2
• guided tour of the language and strategies.
• impart additional insights into Welch?s key companywide initiatives.
• chronicle the evolution of Welch?s leadership thinking.
3
Bureaucracy
Fight it,kick it,just work it out
Globalization
Ideas
The hero is the one with in the game Involving every ONE ideas
Integrated diversity
Elimination of boundaries in business
The four E?s of leadership
4 “E”
Confidence
Boundaryless
Before debilitation
After debilitation
Authentic leadership
Initiatives : The „e? initiative
The art of managing
Facing reality
Best practice
Eliminate : Not invented here
? ? ? ? ? ?
Operate in 170 countries Have 60 to 70 major product lines More than a dozen Customer Segments 3D Matrix Organization More than 1,00,000 cells Value Based Management System
Online Jam
? o
In July 2003, IBMs 1st Online Jam “Value Jam” To Discuss Company Values
o
o o
72 Hour Experiment
6 Months Review Employees posting 10,000 comments
? o o
In October 2004, IBMs 2nd Online Jam “Log Jam” To Identify Barriers to Innovation To Identify Barriers to Revenue Growth
CEO-PALMISANO
? ? ?
Started At IBM in 1973 as a Salesman A True-Blue IBMer A Result Driven Personality
? ? ?
Palmisano’s First Task Queried 300 Senior Executives Surveyed 1000 Employees
?
Sensed IBM’s Values & Employee Aspirations
Corporate Beliefs & Values
?
Thomas Watson?s 3 Basic Beliefs
?
? ?
Respect for the individual
Best Customer Service The Pursuit of Excellence
?
Palmisano?s New Set of Corporate Values
? ? ?
Dedication to Every Client’s Success Innovation that matters Trust & Personal Responsibility
IBMs New Corporate Values
Corporate Values
DEDICATION TO CLIENT SUCCESS
INNOVATION
TRUST AND PERSONAL RESPONSIBILITIES
DEDICATION TO CLIENT SUCCESS
INNOVATION
TRUST AND PERSONAL RELATION
• RELATION WITH INVESTORS
RELATION WITH COMMUNITIES
doc_709519091.pptx