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At General Electric, Jack Welch focused on shareholder value above all - Business Insider

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Former General Electric CEO Jack Welch made Six Sigma famous, teaching a generation of business leaders to cut costs, hit their targets, and always keep the stock price up. But modern executives are starting to move on.

from a competitive culture to a collaborative one. Since beginning that cultural overhaul under CEO Satya Nadella, Microsoft's market cap has increased from around $300 billion to more than $1 trillion.

Meanwhile, the pace of technological advancement continues to increase and executives face new challenges daily, as evidenced by theWelch's approach to people and product management may be outdated

 

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I remember the Time mag cover with Welch, CEO of AT&T and one other captain of industry and together they had just laid off umpty ump workers to increase profit margin.

Great CEO

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