Word: ge
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Dates: during 2000-2009
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Instead of standing before graduates and sending them off with carefully polished platitudes, General Electric (GE) CEO Jack Welch sat in a wooden Harvard chair and answered the sometimes-probing questions of one gradating student at the Harvard Business School (HBS) Class Day ceremony yesterday...
Nigel Killick, a member of the HBS graduating class asked Welch, a figure revered for his 20 years at the helm of one of the world's largest corporations, about how he started off in at GE and how he deals with the stress of running the company...
Welch also defended certain practices that he has instituted at GE-including making public examples of those who cheat the company and consistently firing under-performers...
When asked by Killick how he deals with the stress of running GE, Welch countered by saying that business is not as taxing as it is sometimes made...
...took GE perfectly positioned into the 21st century," Brokaw says. "My heart kind of sank when I heard GE was buying NBC and I always thought of it as a home appliance manufacturer, a buyer of big products and turbines. It's now this company that does everything from capital [to] entertainment...