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  1. 1. Transformation of GE BY Jack Welch By Divakar
  2. 2. What is change..?
  3. 3. Formula For Success
  4. 4. Who is Jack Welch ?John Francis "Jack"Welch, Jr. (bornNovember 19, 1935) isan American chemicalengineer, businessexecutive, and author.He was Chairman andCEO of General Electricbetween 1981 and2001.
  5. 5. Journey of GE
  6. 6. Journey Of Jack At GE• Welch was named a vice president of GE in 1972.• He moved up the ranks to become senior vice president in 1977 and vice chairman in 1979.• Welch became GEs youngest chairman and CEO in 1981, succeeding Reginald H. Jones.• By 1982, Welch had disassembled much of the earlier management put together by Jones.
  7. 7. How Jack Welch Transformed GE
  8. 8. • During the early 1980s he was dubbed "Neutron Jack" (in reference to the neutron bomb) for eliminating employees while leaving buildings intact.
  9. 9. The Welch Era at GE: 1981-2001During the first five years as CEO, Jack Welchemphasized that GE should be No.1 or No.2 in allbusinesses or get out of them.
  10. 10. Conclusion• Jack Welch was the greatest influence on GE and the business around the world in his time the transformation brought by him in GE was the most innovative, breakthrough in leadership style as a CEO
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