When Jack Welch stepped down as CEO of GE in 2000, he had succeeded in turning a $12 billion company into one of the largest and most admired corporations in the world - with a market value of about $500 billion. Pretty heady stuff.
But just how did he lead the way to such incredible change?
Mr. Welch had a very clear vision of a leader's role in the new economy. As he once wrote in a letter to shareholders:
Here's a great video interview Mr. Welch gave that speaks to his passionate beliefs on what it means to be a successful leader. Enjoy!
In Bliss,
Coach Sandy
Sandy Kiaizadeh
Find Your Bliss Coaching
But just how did he lead the way to such incredible change?
Mr. Welch had a very clear vision of a leader's role in the new economy. As he once wrote in a letter to shareholders:
"In the old culture, managers got their power from secret knowledge: profit margins, market share, and all that... In the new culture, the role of the leader is to express a vision, get buy-in, and implement it. That calls for open, caring relations with every employee, and face-to-face communication.Being a Professional Coach with a strong background in Human Resources, I can't help but say "I like the way this guy thinks!" Yes, he looks at the bottom line and the profit margins - he has to in order to lead a $500 billion global corporation. But how inspiring to see that he lead by example and believed in treating his human resources with openess, honesty and compassion.
People who can't convincingly articulate a vision won't be successful."
Here's a great video interview Mr. Welch gave that speaks to his passionate beliefs on what it means to be a successful leader. Enjoy!
In Bliss,
Coach Sandy
Sandy Kiaizadeh
Find Your Bliss Coaching