Jack Welch Case John F. "Jack" Welch Jr. was born in 1935 and was the only child in a middle class family . He rose from the ranks of General Electric (GE) to be named the company's youngest ever chief executive officer in 1981. After making difficult personnel decisions early in his tenure, which included shedding more than 100,000 employees. Welch began a period of growth and success that is unparalleled in business history. under Welch's leadership, is the largest company in the world and a symbol of American ingenuity and power.

Jack Welch Case Note
1. How difficult a challenge did Welch face in 1981 when he took over? When Jack Welch assumed as CEO of GE in April 1981, he had the challenge of revitalizing the competitiveness and productive competency of the company. In 1981 the economy was in a recession and high unemployment combined with high interest rates exacerbated GE’s problems. How effectively did he take charge? GE needed to be restructured and this entailed the modernization and streamlining of operations, downsizing the organization, reduction of payrolls and stringent efficiency measures. Downsizing, de-staffing, de-layering 123,000 staff cut, operating profits rose dramatically, and set base for strong increase in sales and earnings for second half of decade.
2. Is "Be #1 or #2- Fix it, Sell it, Close it" a strategy or just a solgan ? It was a strategy . Why? because business needed to be 1 or 2 competitor in industry. It had to be a broad strategy because it was a broad corporation
3. Do Welch's three circle represent a strategy? Yes why or why not? Circle Vision: Services (acquisition), Technology (leading edge), Core (re-invest in productivity) Support, Outside, Venture.
4. Is Welch's craeting value in the early 1980s? If so, how?
5. What is Welchs objective in the series of intiatives that he