Wednesday, May 26, 2010

Jack Welch-Tailor perfect CEO

My blog is incomplete if Idon't write about Jack Welch,CEO of GE.His life story is quite interesting and highly inspiring as well.When he joined GE,he served for a year,then he got a raise of $1000 per annum.He got furious and annoyed.Wanted to leave the company. He was against the hierarchy running in the company.Two grade higher than him,a boss did not want to lose Jack.He had seen an amazing spark in Jack.He took Jack and his wife out for a dinner.He told the whole story in front of Jack's wife and requested her to help him in persuading Jack!They had a lengthy dinner ended in 8 hours.At last Jack Welch agreed to stay back in the company provided the rules are changed! His boss agreed for this even.It means he was very sure Jack was an amazing magician.And Jack proved him right in the later years. Here am discussing his ten rules of the business.

1 Be candid with every one.-Transparency is the main key to win the trust

2Control your own destiny or someone else will:-Be firm on you decision

3I have learned that mistakes can often be as good a teacher as succes:-Mistakes are bound to happen or occur,better learn from them.

4If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don' thave to manage them.:-He was for the employees and knew very well how to manage them.

5The team with best plyers wins:-He was addicted to the victory.For victory he was ready to do anything...............continued in the next blog!

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