Transformation of GE BY

Jack Welch

ByDivakar Badola

What is change..?

Formula For Success

Who is Jack Welch ?

John Francis "Jack" Welch, Jr. (born November 19, 1935) is an American chemical engineer, business executive, and author. He was Chairman and CEO of General Electric between 1981 and 2001.

Journey of GE

Journey Of Jack At GE• Welch was named a

vice president of GE in 1972.• He moved up the ranks to

become senior vice president in 1977 and vice chairman in 1979.

• Welch became GE's youngest chairman and CEO in 1981, succeeding Reginald H. Jones.

• By 1982, Welch had disassembled much of the earlier management put together by Jones.

How Jack Welch Transformed GE

• During the early 1980s he was dubbed "Neutron Jack" (in reference to the neutron bomb) for eliminating employees while leaving buildings intact.

The Welch Era at GE: 1981-2001

During the first five years as CEO, Jack Welch emphasized that GE should be No.1 or No.2 in all businesses or get out of them.

Conclusion• Jack Welch was the greatest influence on GE

and the business around the world in his time the transformation brought by him in GE was the most innovative, breakthrough in leadership style as a CEO