and Ph.D. degrees in chemical engineering. In 1960, he was hired at General Electric as a junior engineer in Pittsfield, Massachusetts with a starting salary of $10,500. Welch was not pleased with the strict bureaucracy within GE or the standard $1,000 raise he received after his first year, so he decided to leave the company to work for International Minerals & Chemicals in Skokie, Illinois...
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He moved up to become Sr. Vice President in 1977 and Vice Chairman in 1979. In 1981, at the age of forty-four, Jack Welch became the youngest Chairman and CEO in GE's history. During his first years as CEO, Jack shook things up at GE. He worked to make GE a more competitive company. He worked to dismantle the bureaucracy that made him almost leave the company and to eliminate inefficiency by trimming inventories...
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Leadership GE is faced with Welch's impending retirement and the question on many minds is whether anyone can sustain the blistering pace of change and growth characteristic of the Welch era...	1 / 103
Evaluation of Jack Welch as a leader At the beginning of taking charge of GE, Jack Welch broadened the business concentration of GE and separated it into three parts. Although under the great pressure from the broad, Jack Welch still put a series of measures into practice to reorganize the whole company...	2 / 415
jack welch Of Welch's motivational efforts the most notable was using rewards to encourage his employees. Welch believes that rewards should be given to those deserving and these great rewards alone encouraged many workers to reach their full potential...	2 / 549
Welch On Management And he does it because, above all else, he's a fierce believer in the power of his people. Welch likes to call GE the "grocery store." The metaphor, however quirky for such a large firm, allows Welch to mentally roll up his sleeves, slip into an apron, and get behind the counter...	2 / 432