
Jack Welch - Former General Electric CEO
Jack Welch was the CEO of General Electric (GE) from 1981 to 2001 and is renowned for transforming the company into one of the world's largest and most profitable corporations. He emphasized efficiency, cutting costs, and fostering a competitive culture, famously advocating for the "Rank and Yank" strategy, which involved ranking employees and letting go of the lowest performers. Under his leadership, GE’s market value grew significantly. Welch also championed innovation and globalization, making GE a leader in various industries. His management style and strategies have had a lasting influence on corporate practices.