Introduction
In 1981, 45-year-old Jack Welch became the eighth and youngest CEO in General Electric’s history. During his 20 years at the helm, Welch transformed the company from an aging industrial manufacturer into one of the world’s most competitive organisations, by building more shareholder wealth than any corporate chief in history. Time and again he reinvented the company, and time and again, his employees went along with it (Krames, 2002).
The paradigm of transformational leadership is useful in analysing how he was able to accomplish this (Dubrin, Dalglish & Miller, 2006). It is also useful in identifying the personal characteristics, the leader and follower values and the situational factors that contributed to his success.
This paper will analyse Welch’s leadership of GE using the framework of transformational leadership. Conclusions will be drawn regarding Welch’s leader behaviour and effectiveness, taking into account the situation, the nature of the......
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Approximate Word Count: 3259
Approximate Pages: 13 (260 words per double-spaced page) |