1. Jack Welch, The Leader of CEO's
... Leader of CEO's Upon being appointed to CEO of GE in 1981, Jack Welch had big plans for GE. Jack wanted to cut out all of the red tape bureaucracy and run GE like a local grocery store. He started with redefining the businesses portfolio ... GE. For example, shortly after GE sold 71 businesses and product lines, Welch invested $75 million to build a fitness center and a guesthouse and conference center at Crotonville (GE's management development center). He wanted the fitness center to provide an informal place where employees of all levels and functions could communicate with one anothe...
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