Jack Welch (Former CEO)

Jack Welch was a prominent American business executive known for his tenure as CEO of General Electric (GE) from 1981 to 2001. He transformed GE into one of the world’s most successful companies through aggressive efficiency improvements and a strong focus on performance. Welch implemented a management style emphasizing accountability and meritocracy, famously adopting the "20-70-10" method for evaluating employees. He favored innovation and disposed of underperforming divisions, which helped increase GE's market value significantly during his leadership. Welch’s leadership principles and business strategies continue to influence corporate management practices today.