Jack Welch & GE

Jack Welch quotes about change:

“An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.”

“If change is happening on the outside faster than on the inside the end is in sight.”

I have been reading a lot about Jack Welch and his amazing leadership endeavors with GE. When he took over GE in the 1980's the company looked decent on paper, but trouble was looming. Mr. Welch had the ability to see the real condition of the company in light of the rising manufacturing ability in Japan. This ability to see the industry trends allowed him to lead GE through the necessary changes the company needed in order to be successful in the future.

One of the key philosophies that made Jack Welch so successful was his ability to create a flexible culture within GE. This was not an easy task, and he received a lot of criticism for it, but his philosophy of constantly being able to adapt to change paid off in the financial success of the company. During his tenure GE was transformed from a company that relied almost completely on its manufacturing to a company that became known for its unsurpassed quality in service related industries. As a matter of fact, GE was the first company to take the Six Sigma quality tool and use it for the service industry.

Obviously there is a lot more about Jack Welch I could write. If you are interested in learning more about him and his management philosophy I encourage you to get his book, "Winning".

Please leave a comment and let me know if you have any other Jack Welch information that would be useful for our readers.