Jack Welch management of classical.docVIP

 PAGE \* MERGEFORMAT 4 Jack Welch management of classical At present, the General Electric Company (GE) is the Dow Jones industrial average since its inception in 1896, the only one still-List companies. During the past century, global entrepreneurs, GE’s Jack Welch can be described as a leader in many of its management philosophy and operational methods for the effective management of China’s entrepreneurs will have a lot of inspiration. The author began in 1997 follow-up study from GE’s management style, in 1999 visited the GE headquarters in the United States; Subsequently, in the ‘99 ‘Fortune’ Forum, Shanghai’s annual meeting, he listened to the scene of Mr. Welch a Chair. All this prompted him to raise his own understanding of GE, and Welch’s many written written with a view to moving towards the world, and dash ‘Fortune 500’ inspiration for the Chinese entrepreneurs. Jack Welch, known as the nation’s top manager. Since 1981, he took over General Electric Company (GE) Section 8 has been appointed CEO in 1998, GE has maintained all the main indicators of double-digit growth. During this period, GE’s annual revenues increased from 25 billion U.S. dollars to 100.5 billion U.S. dollars, net profit rose to 1.5 billion U.S. dollars from 9.3 billion U.S. dollars, while the staff cut from 400,000 people to 30 million people. The end of 1998, GE’s market value of more than 280 billion U.S. dollars, has for many years among the ‘Fortune 500’ front. So awesome performance, so that General Electric in the ‘Fortune’ magazine Third ‘world’s most respected companies’ selection once again topped the list, and ranked second in Microsoft’s votes than the high rate of 50%. 1998 The results were generated up to 100 billion dollars in free cash flow, coupled with the company’s AAA-grade debt Capitel degrees, enabling it to invest 21 billion U.S. dollars the year 1998, acquired 108 companies to support full three measures of the two companies: globalization and services. F