The recent passing away of Jack Welch, legendary chairman and CEO of General Electric (GE) for 20 years, has expectedly drawn tributes from across the world. He has many admirers, and is remembered as ‘Manager of the 20th Century’ (as voted by Fortune in 1999), ‘Gold Standard of Greatness, the icon of industrial imagination’, and so on. Besides US President Donald Trump’s tweet, “There was no corporate leader like Neutron Jack who will never be forgotten” and others, the best accolade perhaps has come from the present CEO of GE, Lawrence Culp: “Jack was larger than life and the heart of GE for half a century. He reshaped the face of our company and the business world. He was a strong and constant influence throughout my career”. Rarely do those who succeed great leaders speak in such glowing terms of their predecessors, especially those who have left office a long time ago.
This story is from the May 2020 edition of Indian Management.
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This story is from the May 2020 edition of Indian Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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