Jack Welch

Jack Welch is a business genius, he is one of the most notorious and successful CEO's who is well respected in companies around America. Along with an infamous turn around at General Electric he brought with him a bold and unique leadership style, a very unfamiliar sense of communication in such a large organization, and new effective techniques to motivate employees.

When Jack first began reassembling GE in the 1980s he was shutting down factories and reducing payrolls in order to make it a more competitive company which resulted in plenty of people losing their jobs. Because so many people were losing their jobs it seems as though many people were intimidated by him in the beginning of his CEO career he was viewed as a aristocratic manager. But eventually employees began to respect him realizing he only wanted the best from his employees and the company. Welch's leadership skills were unprecedented, although it looks as though Welch is solely concerned with being the best, and he looks at the business world as a super bowl, always wanting to win and be on top he has demonstrated that you can't be the best if you don't believe in the players on your team.

As for Jack Welch's motivational efforts he, on one hand, was simply able to motivate his employees by making them feel part of the company. He let them know he trusted and relied on each one of his employees, wanting each employee to reach their full potential. He keeps in touch with them on a personal basis and encourages human creativity. He is also known for writing personal notes to employees congratulating them on their accomplishments. On the other hand, Welch motivated some of his employees with fear. Every year Welch would fire his bottom 10% of managers to encourage achievement. But in return he would reward his top 20% with bonuses and stock options. Of Welch's motivational efforts the most notable was using rewards to encourage his employees. Welch believes that rewards should be given to those deserving and these great rewards alone encouraged many workers to reach their full potential.

Another new approach Welch introduced