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Jack Welch Research Paper

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The leader I chose to do this project on is Jack Welch. Jack Welch was a chairmen and CEO of a very successful company known as General Electric. He started in the company in 1960 and he started from the bottom, as a junior chemical engineer for General Electric. He was with the company for about 40 years before he retired a very wealthy man, but through those 40 years he did a lot of things as a leader to improve General Electrics and helped making them into a very successful company. He helped in shaping General Electric into a powerhouse. I chose Jack Welch as my leader for this project because he is a very inspiring leader, who worked his way up from the bottom of the company to the CEO of General Electrics and performed very well as a …show more content…

And I agree with that. If you cant do your job, or you are hurting the company financial wise, then why should you still be there. And if you are over achieving and help the company then you should be rewarded, and that’s what Jack Welch was all about. I don’t have a problem with that, in fact I think all companies should have this system in place for their companies. Jack Welch had a grading system of his employees from one to five, which meant you were at the top and performing extraordinary well. Next, was two, which were the next strongest in the company, then came three which were in the middle, not perform well, but not under achieving. Then came the fours, which Jack Welch took caution to, but didn’t fire them and gave them a chance to prove they were worthy enough to keep the job. And last came the fives, which were the least effective, and they almost always get fired. The ones or the extraordinary performers made up ten percent of the company while the twos or the next strongest employees made up fifth teen percent of the company. The threes or the middle of the pack had the largest amount of employees, which was way up to fifty percent. The fours or the caution employees, made up fifth teen percent of the company, and last the fives or the least effective employees made up the remaining ten percent of the company, but as I stated they usually get

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