AWARDED BY NOTTINGHAM TRENT UNIVERSITY
ASSIGNMENT SUBMISSION FORM
Module Name: Managing And direct Strategically
Module Number: 10
Assignment Title: Leadership Style of Jack Welch
Submission Due Date: thirteenth Dec cc9
Managing and Leading Strategically
Leadership Style of Jack Welch
13th December 2009
(5,847words)
TABLE OF CONTENT
Table of contents is missing. Please download the account book history to view it.
Executive Summary
Love him or hate him, Jack Welch was CEO and chairman during the egression of one of the worlds most successful companies, General Electric. Whereas other competitors floundered, died, or became takeoer tar soak ups, GE forged ahead with impressive results in a wide variety of industries. That alone, is worthy of respect ( set up and Yank, 2005).
John F. Welch, junior during his 41 years at General Electric (GE) Welch bloom from his position as an entry-level junior engineer to become the companys youngest infirmity president and later its youngest CEO and chairman in 1981. end-to-end his 20 years of leading GE, Welch garnered a reputation for having a no-nonsense and dynamic style that was at times considered abrasive material by employees and the public alike.
In 1997, under the stewardship of Jack Welch, GEs stock value eclipsed US$200 cardinal while revenues hit US$90 billion and net income raised pass 7 millions mark (Figure 1)
Table/ chart/diagram/image is missing. Please download the Word document to view it.
Figure 1- GE under Jack Welch
Source: dividing line Week
Since taking over in 1981, Welch has used the companys economic diversity as a tool to move into other industries with fast-growing profits. He has reshaped GE with more than 500 acquisitions worth U$53.2 billion. Welch was also submissive in the mid-to late 1980s movement among American companies to get leaner, tougher, and globally competitive. At the...
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.