Jack Welch, former GE executive, dies on March 3 at 7:17
Jack Welch, the former executive of GE--General Electric, a major manufacturer of electric power generation turbines and aircraft engines, who had a major influence on Japanese managers, died by the 2nd. I was 84 years old.
Born in eastern Massachusetts in the United States in 1935, he joined GE after graduating from college and joined the company in 1981, when he was 45, the youngest at the time. Led the manufacturer.
In the meantime, the company has diversified its management, such as entering the financial business, increasing sales fivefold and profits eightfold over the past 20 years, pushing GE to the top in the world with market capitalization that indicates corporate value, 20th century best management].
His book on his management philosophy has become a bestseller in the United States and has had a significant impact on Japanese managers.
On the other hand, the financial business that Welch has expanded significantly deteriorated after the so-called Lehman Shock in 2008, and has continued to squeeze the performance of GE as a whole and criticize it along with its management method.
According to his wife, CNBC of the U.S. Economic News Media reports, "Welch suffered from a kidney and died on Sunday after being watched by his family."
President Trump "The Legend of the Business World"
President Trump told Twitter on Tuesday, "Business legend Jack Welch has died. No company leader like Jack. He was my friend and supporter. No, "and praised his achievement.