Word: welch
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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...
...while he says he will miss the action and energy of his job, Welch said his retirement is part of the natural order of things...
...Succession is part of the rebirth of an organization," Welch told Business Week. "I'm not going to be around. I am not going to be near the board. It's a free swing for a new team...
...Looking ahead to his retirement, Welch said in the 1998 Business Week interview that while he may consider teaching an occasional business course, he will spend most of his time golfing with his second wife, Jane...
...working-class kid from Salem, Mass. has come pretty far. And Tichy says Welch has had some fun along...