Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach, and build self-confidence. Here, I share Welch’s leadership rules that will help you play to win.ġ. Over the years, Welch’s style has helped me act like a leader, not a manager. Those who succeeded were those who were needed.Īt a recent seminar for Long Island business leaders, I recently presented my own take on the powerful leadership lessons that Welch wrote about in his business bible, Winning. Instead, he applied a “survival of the fittest” rule to his businesses and his team.
He made GE leaner, tougher, and more competitive by ignoring the common sentiment that GE was too iconic to be tampered with.
Welch knew that revolutions begin at the top. How did he do it – and what lessons can we all learn from his leadership style? Revenues grew five-fold, from $25 billion to $130 billion income grew ten-fold, from $1.5 billion to $15 billion and the company’s market capitalization had a 30-fold increase of more than $400 billion. Jack Welch, GE’s larger-than-life CEO for over 20 years, transformed the company into one of the world’s most successful businesses.
