CHAPTER 32

Surround Yourself with Good People

LEARNING FROM

Jack Welch

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John Francis “Jack” Welch (born in 1935) became General Electric’s youngest ever CEO at the age of 45 in 1981. During his 20 years at the helm, he really took the company forward by introducing many management innovations. His management skills earned him legendary status. Indeed, in 1999 Fortune magazine named him “Manager of the Century,” and the Financial Times recently listed him as one of the three most widely admired company CEOs today.

Welch had little time for bureaucracy and outmoded forms of company leadership and management. His radical questioning and drastic realignment ...

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