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Jack Welch: How To Be A Great Business Leader

An interview with ex-CEO of General Electric, Jack Welch. In this interview Jack discusses his management philosophy and what made him such a successful leader of people. Jack also talks about wider practices of business including outsourcing, foreign markets and much more.

Jack Welch
Jack Welch By Hamilton83 (Own work) [CC BY-SA 3.0], via Wikimedia Commons

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Video Segments:
0:00 Why did you write another book?
0:58 Can business schools help people win?
4:24 Why don’t we get enough candour?
8:05 What weakness do you have, have they changed over time?
10:29 When do you sense you should change agenda in a business?
13:20 Start of Q&A
14:06 How do you properly execute initiatives from the top in big companies?
17:18 Crisis management and Hurricane Katrina
22:29 Did you ever introduce change you thought GE could not handle?
24:14 Thoughts on bureaucracy?
27:24 Enron
32:24 How to strike a balance between outsources and domestic jobs
35:23 Advice to stay ahead of the curve
40:17 What industry would you go into if you were 30?
41:43 What countries will be next to emerge after China and India?
44:07 Rationale for selling a outsourcing business
46:25 Have you ever made a business deal that you didn’t know how it was going to turn out?
48:21 How do you keep talent in house?
51:36 Multi-nationals responsibility when entering new markets?
53:38 When they said “you couldn’t make it” how did you react?
58:23 Other companies copying GE management practices
1:00:53 Differentiating between high and low performers
1:02:39 Pressure from financial markets on short and long term focus
1:05:07 Has GE got a good succession plan?
1:09:10 How to navigate markets that have different practices
1:11:47 The one question you must answer in a interview

Interview Date: 9th June, 2014
Event: LBS
Original Image Source:http://bit.ly/JWelchPic