Jack Welch

Filed Under » ,
Dictionary Says

Definition of 'Jack Welch'

The former chairman and CEO of General Electric (GE) from 1981 - 2001. Welch expanded the company and dramatically increased its market value from $14 billion to $410 billion during his tenure.

Welch has a reputation as one of the top CEOs of all time, as evidenced by Fortune magazine’s recognition of him in 1999 as Manager of the Century. His management strategies included embracing change and reinvention, leading rather than controlling, giving employees at all levels responsibility and freedom, being focused, being consistent and following up.

Investopedia Says

Investopedia explains 'Jack Welch'

Prior to leading GE, Welch had worked there for 21 years. He was hired as a junior engineer in 1960. During the 1980s Welch was given the nickname "Neutron Jack" for eliminating employees while leaving the office buildings intact. Welch adopted the Six Sigma quality program in 1995. The program led to greatly increased profits during the late 1990s and early 2000s.
Search results for

'Jack Welch'

  • You Don't Know Jack Welch

    http://www.investopedia.com/articles/financial-careers/09/jack-welch-ceo.asp
    You Don't Know Jack Welch. ... In this article we'll look at the meteoric rise of Jack
    Welch, and what lessons can be learned for climbing the corporate ladder. ...

  • Wall Street History: Poor Richard And Jack Welch - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/1210/Wall-Street-History-Poor-Richard-And-Jack-Welch.aspx
    ... Wall Street History: Poor Richard And Jack Welch. Posted:
    December 17, 2010 3:24PM by Andrew Beattie. ...

  • What recognized CEO earned the moniker "Neutron Jack"?

    http://www.investopedia.com/ask/answers/09/neutron-jack-welch-ceo-general-electric-ge.asp
    When it was announced that Jack Welch would be taking over as head of General Electric
    (NYSE:GE), skeptics wondered how much of a difference the new. ...

  • Management Strategies From A Top CEO

    http://www.investopedia.com/articles/financial-theory/10/manage-business-like-jack-welch.asp
    ... of his peers and colleagues as one of the greatest chief executive officers (CEO)
    of all time, Jack Welch has attained legendary status in the business world. ...

  • CEOs Who Blazed The Trail (Kroc, Hock And Welch)

    http://www.investopedia.com/articles/financialcareers/09/the-greatest-CEOs.asp
    ... Jack Welch – General Electric Jack Welch's first challenge as CEO of General
    Electric was convincing the company that it needed change. ...

  • 5 Top CEOs On Twitter - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0111/5-Top-CEOs-On-Twitter.aspx
    ... Paid Off. Jack Welch (http://twitter.com/#!/jack_welch) Jack Welch is arguably
    one of the most revered CEOs of all time. Welch has ...

  • Becoming A CEO

    http://www.investopedia.com/articles/financialcareers/08/ceo-chief-executive-career.asp
    ... Jack Welch is a great example of an extrovert who was able to garner respect, and
    who had a vision even as a low-level engineer at General Electric (NYSE:GE). ...

  • GE: Breaking Up Is Hard To Do

    http://stocks.investopedia.com/stock-analysis/2010/GE-Breaking-Up-Is-Hard-to-Do-GE-CERN-MFST-CMCSA1026.aspx
    ... When Jeff Immelt, CEO and Chairman of General Electric Company (NYSE:GE) took over
    the helm from former CEO and Chairman, Jack Welch at the end of 2001, the ...

  • What Makes A Good Boss? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0510/What-Makes-A-Good-Boss.aspx
    ... However, sometimes strong vision doesn't make the best boss - just look at Jack
    Welch who famously fired 10% of his managers each year, and Steve Jobs' well ...

  • Commuters' University: On-The-Road Learning

    http://www.investopedia.com/articles/professionaleducation/09/commuters-university.asp
    ... (For more, see You Don't Know Jack Welch.) Benefits: Commuters can "read" several
    dozen books in their field per year, without committing additional time to do ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links