Jack Welch Video

Jack Welch is one of the world's most respected and celebrated business leaders, known for his unmatched track record of success, enormous love of people, fierce passion for winning, and unbridled desire to change the world for the better using his unique management practices, which are collectively called The Welch Way.

Born to a working class family in Salem, Mass., Mr. Welch attended the University of Massachusetts, and received his doctorate in chemical engineering from the University of Illinois. He joined GE at age 24, worked his way up through many divisions, and was named its chief executive officer in 1981 at the age of 45. In his 21 years as CEO, Mr. Welch transformed GE into the world's most admired and successful company with his innovative management techniques. Revenues grew five-fold from $25 billion to $130 billion, income grew 10-fold from $1.5 billion to $15 billion, and the company's market capitalization had a 30-fold increase of more than $400 billion. His achievements are considered epic, and as a result, thousands of companies around the world have adopted The Welch Way.

After retiring from GE in 2001, Mr. Welch has only become more active in business. He has written two best-selling business books, Jack: Straight from the Gut, and Winning. He actively participates in managing numerous companies as part of a private equity group, and writes a weekly column for Reuters and Fortune magazine with his wife, Suzy. He is a fixture on television as a popular business commentator.

Mr. Welch has always been defined by his zealous love of teaching and commitment to building leaders. At GE, he created a world-premiere corporate training center at Crotonville and regularly taught there himself. More recently, he taught a popular course as a visiting professor at MIT's Sloan School of Management, and he regularly teaches seminars to CEOs and senior executives around the world.

Working closely with an outstanding faculty and administration, Mr. Welch is engaged in every aspect of the Jack Welch Management Institute. As Distinguished Professor, he appears in weekly videos about current business events, interacts with students via email, and is deeply involved in the development of the program's curriculum.