Jack Welch (CEO)

Jack Welch was the chairman and CEO of General Electric (GE) from 1981 to 2001, known for his aggressive management style and focus on efficiency. He implemented the “rank and yank” system, where the lowest-performing 10% of employees were cut annually. Welch emphasized innovation, leadership, and competitive advantage, transforming GE into one of the world's largest and most successful companies. His strategies, including streamlining operations and expanding into new markets, significantly increased GE’s value, making it a model for corporate leadership. Welch is often regarded as one of the most influential business leaders of his time.