Jack Welch (Businessman)

Jack Welch was an influential American businessman best known for his role as the CEO of General Electric (GE) from 1981 to 2001. Under his leadership, GE became one of the world’s most valuable companies. Welch emphasized efficiency, innovation, and competitiveness, implementing a management philosophy known as "rank and yank," where employees were evaluated and the bottom performers were let go. He also promoted a streamlined corporate structure and focused on expanding GE's core businesses. Welch's practices and leadership style shaped modern corporate management and earned him a reputation as a transformative figure in business.