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Keyword: jackwelch

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  • Let Them Sacrfice Andrea Mitchell, Martin Bashir, Alec Baldwin and

    11/20/2013 3:57:00 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | November 20, 2013 | John Ransom
    The revelations are stunning. The proof is clear. People should have known; people should have done something. It was clear even before the Democrats rolled out their newest experiment in social engineering that it would fail. Poor in conception, flawed by design, the expectations were too high, experience too low. Yet still they elected him, with a grand assist by the media: first, nominee of the Democrat Party and then, ultimately, president of the United States. Twice. And that after spending nearly two billion dollars to do it. For that kind of money, even the government could build a fully...
  • The Poisonous Employee-Ranking System That Helps Explain Microsoft’s Decline

    08/25/2013 6:24:11 AM PDT · by SunkenCiv · 170 replies
    Slate ^ | Friday, August 23, 2013 | Will Oremus
    There were many reasons for the decline of Microsoft under Steve Ballmer, including, as I wrote this morning, its lack of focus and its habit of chasing trends rather than creating them. But one that’s not obvious to outsiders was the company’s employee evaluation system, known as “stack ranking.” The system—and its poisonous effects on Microsoft’s corporate culture—was best explained in an outstanding Vanity Fair feature by Kurt Eichenwald last year... So while Google was encouraging its employees to spend 20 percent of their time to work on ideas that excited them personally, Ballmer was inadvertently encouraging his to spend...
  • JACK WELCH: Obama Is Manipulating The Jobs Numbers Because His Debate Performance Was Awful

    10/05/2012 6:56:20 AM PDT · by SeekAndFind · 30 replies
    Business Insider ^ | 10/05/2012 | Brett LoGiurato
    Former GE CEO Jack Welch's reaction to non-farm payrolls adding 114,000 new jobs in September and the unemployment rate falling to 7.8 percent: Twitter/@jack_welch Looks like Welch already was predicting this last night: Twitter/@jack_welch
  • Business Icon Jack Welch: “Romney’s Going to Win – Don’t Get Weak-Kneed” (Video)

    09/20/2012 8:25:15 PM PDT · by 2ndDivisionVet · 18 replies
    Gateway Pundit ^ | September 20, 2012 | Jim Hoft
    Former Chairman and CEO of General Electric Jack Welch told Neil Cavuto today that Mitt Romney will win. “Mitt Romney will win and I don’t want you to get weak-kneed like this last discussion with Charlie about Wall Street getting weak-kneed. Nobody’s getting weak-kneed.” That’s some sage advice from an American hero. (VIDEO AT LINK)
  • Former GE CEO Jack Welch Hits Finger-Pointer In Chief

    04/15/2012 3:53:03 PM PDT · by raptor22 · 18 replies
    IBD editorials ^ | April 15, 2012
    Leadership: A business icon has ripped the administration's "divide and conquer" strategy, the president's refusal to take responsibility for his policies and for an enemies list that would make a disgraced ex-president proud. We now have the Obama Principle. It's like the Peter Principle, in which people rise to the level of their incompetence, except as redefined by this administration you refuse to recognize your incompetence and constantly blame others when things go wrong. Jack Welch, renowned former CEO of General Electric before it became the nontaxpaying sock puppet for the administration's green energy push, has penned an Op-Ed article...
  • Welch on Obama: It’s always someone else to blame with this guy

    04/13/2012 5:57:06 AM PDT · by rightwingintelligentsia · 9 replies
    HotAir ^ | April 13, 2012 | Ed Morrissey
    Eh, what does this guy know about leadership, anyway? He’s only the most widely respected CEO of the last twenty years or so and the founder of a school that develops leaders in the business world, plus the author of a book or two on the subject. Former GE chief Jack Welch unloaded on Barack Obama yesterday for his chronic lack of leadership, manifest mainly through the ever-expanding universe of scapegoats that Obama cites for the failures of his economic policies. Welch thinks that Obama has become positively Nixonian — or maybe worse (via Instapundit): President Obama’s “divide-and-conquer” approach isn’t...
  • Ron Paul-- and the 'Pink Slip'

    02/02/2012 5:11:48 AM PST · by JimPrevor · 4 replies
    The Weekly Standard ^ | February 1, 2012 | Jim Prevor
    As such, the Obama/Clinton/Biden analogy rings hollow. Though every candidate might have his own specific plan, and one can prefer a candidate for myriad reasons, there was never any serious ideological split between these candidates. So handling the end of the primary season and attempting to unify the party, required massaging egos and satisfying personal ambition. Thus, the approach the Welches are proposing here – giving consolation prizes to the losers so they feel connected and valued – makes sense only in that context. When, however, there are substantive policy differences, the efforts to make the losers feel valued can...
  • Who says the economy is rebounding? (Warren Buffet, Chase CEO, Dimon and GE's ex-CEO Jack Welch)

    04/16/2010 6:48:50 AM PDT · by SeekAndFind · 28 replies · 871+ views
    Fortune ^ | 04/16/2010 | Becky Quick
    The economy has made a sharp U-turn in the past couple of months, and better days for American businesses and workers are around the corner. But don't take my word for it. Take Warren Buffett's. And Jamie Dimon's. And Jack Welch's. All three tell me that in the past four to eight weeks, they've seen a real change in their businesses, and that indicates better news for the nation's economy. They should know. Warren Buffett has been focusing on the data from BNSF Railway, which he recently acquired. At the start of the recession three years ago, Burlington Northern felt...
  • [Former GE CEO] Jack Welch blasts President Obama, Barney Frank

    11/09/2009 6:20:21 PM PST · by bruinbirdman · 26 replies · 1,494+ views
    Boston Herald ^ | 11/5/2009 | Thomas Grillo
    Jack Welch, the former CEO of General Electric, blasted the Obama administration and Congressman Barney Frank this morning telling a banking audience that the Democrats’ actions to restructure the entire economy are “insane.” “I hope that the New Jersey and Virginia governor’s race will put some realism into this administration,” Welch told an enthusiastic crowd at the Bank Administration Institute convention at Boston’s Convention and Exhibition Center. “I hope it will cause them to pause and not just jump into anything they encounter.” Welch was referring to the races on Tuesday where Republicans bested Democrats, a sign some say that...
  • The Jack Welch MBA

    07/15/2009 11:00:40 AM PDT · by bs9021 · 10 replies · 411+ views
    Campus Report ^ | July 15, 2009 | Deborah Lambert
    The Jack Welch MBA by: Deborah Lambert, July 15, 2009 In the case of former GE CEO Jack Welch, you name a degree after him. The Wall Street Journal reported that Welch is “paying more than $2 million for a 12 percent stake in Chancellor University System LLC, which is converting a formerly bankrupt university into an online entity—and naming its Business Administration Program the “Jack Welch Institute.” This didn’t happen overnight. Welch, a former skeptic of online programs, had to be convinced that this one would be a high quality product, worthy of his name. The Chancellor project is...
  • The Jack Welch MBA Coming to Web

    06/22/2009 7:54:49 AM PDT · by conservatism_IS_compassion · 22 replies · 542+ views
    The Wall Street Journal ^ | June 22, 2009 | PAUL GLADER
    Former General Electric Co. Chief Executive Jack Welch is putting his name and money behind a little-known educational entrepreneur, injecting some star power into the budding industry of online education. Mr. Welch is paying more than $2 million for a 12% stake in Chancellor University System LLC, which is converting formerly bankrupt Myers University in Cleveland into Chancellor University. It plans to offer most courses online. Chancellor will name its Master of Business Administration program The Jack Welch Institute. Chancellor's leading investor is Michael Clifford, an entrepreneur who has launched two publicly traded companies in the past year: Grand Canyon...
  • The Jack Welch MBA Coming to Web

    06/22/2009 4:53:18 AM PDT · by SonOfDarkSkies · 10 replies · 518+ views
    Wall St Journal ^ | 6/22/2009 | PAUL GLADER
    Former General Electric Co. Chief Executive Jack Welch is putting his name and money behind a little-known educational entrepreneur, injecting some star power into the budding industry of online education. Mr. Welch is paying more than $2 million for a 12% stake in Chancellor University System LLC, which is converting formerly bankrupt Myers University in Cleveland into Chancellor University. It plans to offer most courses online. Chancellor will name its Master of Business Administration program The Jack Welch Institute. ... Online higher education will generate revenue of $11.5 billion this year, EduVentures says. But "there is a concern about quality,"...
  • Why We Tweet (Former GE CEO, Jack Welch and his wife are big fans of Twitter)

    06/03/2009 5:11:28 AM PDT · by SeekAndFind · 11 replies · 543+ views
    Businessweek ^ | 6/3/2009 | Jack and Suzy Welch
    You know you're doing something strange and new—or at least new—when every time you're at a social gathering, the activity comes up and the barbs come out. "Why do you waste your time with such nonsense?" people ask. And so it is with Twitter, the social-networking thingamajig that we both recently adopted with a degree of enthusiasm that surprises our friends and family and, well, even us. But the fact is, over the past few months, we've come to love Twitter. We're not saying it's going to transform humanity—as some of its proponents will tell you—but we certainly get its...
  • Jack Welch: Obama’s Lack of Focus ‘Crazy’ But Criticism Makes You ‘Pariah’

    03/09/2009 8:17:02 AM PDT · by governsleastgovernsbest · 44 replies · 2,553+ views
    FinkelBlog ^ | Mark Finkelstein
    Good thing Jack Welch criticized Barack Obama on national TV and not at a toney New York party: he might never have been invited to sip Cosmos with the cocktail set again . . . Appearing on Morning Joe today, the former GE CEO lambasted Pres. Obama’s lack of focus, calling it “crazy.” But he observed that people who broach even the slightest criticism of Obama do so at peril of becoming pariahs in the New York set. Even his own “trust-fund daughters” will hear no evil when it comes to the prez. JACK WELCH: This guy is locked in...
  • How Not to Succeed in Business (Leadership failures by Obama administration)

    02/21/2009 4:40:14 AM PST · by jimbo123 · 2 replies · 421+ views
    Business Week ^ | 3/2/09 | Jack & Suzy Welch
    It used to be that you heard the lament, "If only government could be more like business…." Those days are over—and how. But if last week in Washington is any indication, government doesn't yet have a lock on the kind of effective leadership that characterizes business at its best. Consider just a few key events: The Treasury Dept. bemoaned the complexity of the problem it was supposed to be solving. The Vice-President announced that every government plan has a 30% chance of failure. And the President tried to thread the needle between lambasting the past, like a candidate on the...
  • JACK WELCH, FORMER CEO GE SAYS 'NO' TO OBAMA

    10/29/2008 5:02:08 PM PDT · by Kackikat · 53 replies · 5,813+ views
    CNBC Kudlow & Cramer Show ^ | 10/29/08 | Kackikat
    Jack WELCH, former CEO of GE said on Kudlow that 'I don't know how any businessman could (come out or vote?) for Obama. Welch explained that Rhode Island has an 8% unemployment rate, and that's 40% higher than the 6% in the rest of country. Welch said that McCAin needs to hit that, because the reason for that 8% in R.I. is directly from the higher taxes in that state, which is highest taxed businesses in U. S. Jack Welch also condemned the Obama support for "no secret votes on Unions", which Welch said should never happen.
  • More Biden plagiarism, or am I looking too deep?

    08/29/2008 6:54:17 PM PDT · by friedyj · 4 replies · 167+ views
    Joe Biden/Jack Welch
    Wanted to know if you thought this sounded as familiar as I did.
  • How New Graduates Can Succeed in American Companies

    06/24/2006 5:46:13 PM PDT · by G. Stolyarov II · 1 replies · 344+ views
    TheBizofKnowledge ^ | June 22, 2006 | Dr. Bill Belew
    Jack Welch gives advice on how the new graduate can succeed in American companies. It seems to be good advice to succeed in any company -- anywhere. His number one piece of advice: OVERDELIVER - This is very un-American -- and very un-student-like. In school, students learn to meet certain objectives -- answer certain questions within certain time parameters. In the workforce -- it's not that way anymore. To get an A+ in business, Welch says, a person -- 22 years old or 62 years old -- needs to: 1. Expand the organization's expectations of what you can do --...
  • Jack Welch: Bush Should Brag About The Economy

    11/15/2005 4:49:36 PM PST · by wagglebee · 25 replies · 881+ views
    NewsMax ^ | 11/15/05 | NewsMax
    Former GE Chairman and business management guru Jack Welch has some advice for President George W. Bush: Start bragging about the economy. Welch told Fox News Channel that President Bush has much to be proud of with regard to the economy, but he has to get out there and sell himself - and his accomplishments - to the American people to let them know about it. "President Bush put a tax bill through that supported capital formation and risk taking,” Welch said. "We’ve created 2 million jobs a year after the 9/11 attacks. That’s a remarkable accomplishment. Bush has to...
  • Welch Shoots Down Couric's Admiration for European Work Ethic

    04/05/2005 9:55:22 AM PDT · by fight_truth_decay · 47 replies · 3,442+ views
    MRC ^ | Tuesday April 5, 2005 | BrentBaker
    Katie Couric's admiration for Europe shot down by Jack Welch. During an interview on Monday's Today with former GE Chairman Jack Welch, on to plug his new book, Winning, Couric complained that Americans are overworked and asked: "I mean is there something wrong with this picture? Are we too obsessed with work because the Europeans sure have a very different attitude don't they?" Welch retorted: "And, and their economy is some trouble. And I don't think people are obsessed with this in China right now and, and you just came back from China. You, you didn't see a lack of...
  • NEUTRON JACK GETS ALL MUSHY (Dan Rather interviews GE's Welch and bride)

    03/28/2005 6:06:33 AM PST · by Liz · 31 replies · 1,827+ views
    NY POST ^ | March 26, 2005 | SUZANNE KAPNER
    PERK AVERSE: Ex-General Electric boss, Jack Welsh, and his new bride, Suzy Wetlaufer, on their wedding day last April. Photo: Thomas Hinton Former General Electric CEO Jack Welch says he has no regrets about leaving his wife for a former magazine editor, 24 years his junior........ "I don't care. I fell in love," Welch tells Dan Rather in a wide ranging interview for the CBS TV show "60 Minutes" to air Wednesday, of his affair with Suzy Wetlaufer, the former editor of the Harvard Business Review, who is now his wife. Welch said the resulting scandal didn't bother him...
  • Five Questions to Ask . . .

    10/31/2004 5:31:29 AM PST · by harpu · 12 replies · 748+ views
    10/30/04 | Jack Welch (Former GE CEO)
    In five days, America votes not for its president, but for its leader. I make that distinction because rarely in American history has the occupant of the White House had such a burden of leadership to bear. We are in a war to protect our very way of life, and it is a brand new kind of war, with no foreseeable end and enemies as evil as they are invisible. And our economy--the engine of freedom and opportunity around the world--faces daunting challenges from within our borders and without. Because of these twin threats to our security and our prosperity,...
  • Five Questions to Ask . . .Before you Pull the Lever

    10/29/2004 7:37:26 PM PDT · by Chieftain · 4 replies · 322+ views
    Email ^ | Oct 28, 2004 | Jack Welch
    Is He Real?Does He See Around Corners?Who's Around Him?Does He Get Back on the Horse?Is He Pro-Business?On Tuesday, Americans vote in an election with stakes as high as we have ever seen. There is no perfect candidate in any election. But there is a right man for the challenges of these tough times -- a right leader for this historic moment. Before you pull that lever, ask yourself five questions and see where you come out.
  • Four E's (a Jolly Good Fellow)

    01/25/2004 7:23:46 PM PST · by Positive · 1 replies · 149+ views
    Wall Street Journal ^ | 1/23/04 | JACK WELCH, Former CEO GE
    <p>Every time I speak to a group, I get asked about leadership. Mainly, people want to know how I feel about that age-old question: Are leaders born or made? And I always answer the same way: Who knows? What I do know is what leaders look and act like. Not because I'm a great thinker on the subject, but because I hired (and occasionally fired) leaders for about 30 years. After a while I got the hang of the characteristics that made some people better than others at setting the right goals, reaching them the right way, and doing both in the right amount of time, which is what leadership is when you get right down to it.</p>
  • Who's who at Augusta National

    09/20/2002 1:34:08 PM PDT · by GeneD · 14 replies · 1,745+ views
    The Atlanta Journal-Constitution ^ | 9/20/02 | David A. Markiewicz and Glenn Sheeley
    Augusta National Golf Club's all-male membership is an eclectic who's who of the corporate, political and sports worlds. Its approximately 300 members range from former Secretary of Defense Melvin Laird to University of South Carolina football coach Lou Holtz; former Georgia Sen. Sam Nunn and auto scion and Detroit Lions owner William Clay Ford; ex-General Electric CEO Jack Welch and Atlanta developer Tom Cousins. The club's roster includes race car builder Roger Penske; the director of the Minnesota Museum of American Art, Bruce Lilly, and beer baron Peter Coors. Also, investment genius Warren Buffett, former Secretary of State George Shultz,...
  • G.E. Expenses for Ex-Chief Cited in Divorce Papers

    09/06/2002 6:02:27 AM PDT · by aShepard · 17 replies · 289+ views
    New York Times | Geraldine Fabrikant
    G.E. Expenses for Ex-Chief Cited in Divorce Papers By GERALDINE FABRIKANT Papers filed yesterday in the divorce of John F. Welch Jr., the former chief executive of General Electric, by his wife contend that G.E. covered enormous living costs for them while he led the company and will continue to do so for him for the rest of his life. The extent of these benefits has never been disclosed by the company. General Electric has reported that Mr. Welch's total compensation, including bonus and salary, was $16.7 million in 2000, his last full year at the company before his retirement...
  • G.E. Expenses for Ex-Chief Cited in Divorce Papers

    09/05/2002 7:15:33 PM PDT · by GeneD · 18 replies · 383+ views
    The New York Times ^ | 9/5/02 (for editions of 9/6/02) | Geraldine Fabrikant
    Papers filed yesterday in the divorce of John F. Welch Jr., the former chief executive of General Electric, by his wife contend that G.E. covered enormous living costs for them while he led the company and will continue to do so for him for the rest of his life. The extent of these benefits has never been disclosed by the company. General Electric has reported that Mr. Welch's total compensation, including bonus and salary, was $16.7 million in 2000, his last full year at the company before his retirement last September. It has also said that he will remain a...
  • Greed Isn't Good

    07/01/2002 12:21:55 PM PDT · by GeneD · 16 replies · 376+ views
    The New Republic Online ^ | 7/1/02 | Gregg Easterbrook
    The corporate world is now embroiled in two controversies. There's the fraud at Enron, WorldCom, Arthur Andersen, and elsewhere; and there's the payment of absurd sums to CEOs. Both developments threaten the free-market system--you're kidding yourself if you don't think that big firms deliberately duping investors, or CEOs awarding themselves hundreds of millions of dollars that should have gone to stockholders, does anything other than erode the reputation of market economics. Both practices also trample important principles of conservative economics, as we'll see in a moment. But the two controversies really aren't separate--they are one and the same. The motive...