1. Jack Welch, The Leader of CEO's
... 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 at GE. He insisted that every business under GE's control be either the number 1 or 2 leanest, lowest-cost, worldwide producers of quality goods and services. Welch's strategy was fix ... 's "software" (values, motivation, and commitment) over its "hardware" (business and management structure). Welch created a program to get rid of thousands of bad habits accumulated since the creation of GE; the Wor...
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