Welch, who was named "Manager of the Century" by Fortune magazine in 1999, massively increased the financial might of GE by nearly fivefold to USD 130 billion during his time. The market value of the stock rose from USD 14 billion to more than USD 400 billion, an increase of more than 2,700 per cent, during the 20 years he was CEO.
"Managers must walk around with a can of fertiliser in one hand and a watering can in the other."
Jack and Suzy Welch disagree with the President on points of policy but think he's earned an A thus far.
The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.
Skipper Harmanpreet Singh's brace went in vain as the Indian men's hockey team conceded three goals in the final quarter to lose 4-6 to Australia in a FIH Pro League match in Bhubaneswar on Thursday.
India continued their dismal show in the crucial tour Down Under, losing 1-3 against Australia to suffer their fourth consecutive defeat in the five-match men's hockey Test series, in Perth on Friday.
The Indian men's hockey team dished out a much-improved performance as compared to its previous game but it still lost 2-4 to Australia in the second Test of the five-match series in Perth on Sunday.
Blake Govers slammed a hat-trick as Australia routed India 7-4 in a high-scoring second hockey Test in Adelaide on Sunday.
Take the Rediff Business Quiz and find out how much you know about the CEOs and their nicknames.
The famous win also kept the five-match series alive with Australia leading 2-1. India had lost 4-5 and 4-7 in the first two Tests.
We bring you an excerpt from the book 'The Superstar Syndrome' authored by Myra S White and Sanjay Jha.
Mukesh Ambani, who heads Reliance Industries, has been ranked among top five best performing CEOs in the world by the prestigious Harvard Business Review.
A spokesperson attached to GE's Jack Welch Research Center in Bangalore said after the new people join, employee numbers in Bangalore would cross the 4,500-mark. GE's technology product research and development team is currently 3,800-people strong, with an additional 350 people employed in global research.
One hundred and fifty or so GE employees filled the seats for what promised to be a fun hour or so watching these two superstars, both at the tops of their games, kick around the business issues of the day.
Publishing companies in India are betting big on real life stories from the world of business to woo readers.
Beleaguered American auto maker General Motors is in emergency talks with its lenders over a multi-billion dollar debt-for-equity deal which could save the company from filing for bankruptcy, a media report on Sunday said.
GE's India head reflects on his hits and misses and shares his plans to return soon.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
By roping the Bollywood star, the professional networking platform looks for wider appeal and a mass audience.
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
The hosts will face Australia in the semi-final on Friday.
Kanti Bhatt, respected Gujarati author and journalist, passed into the ages on August 4, 2019, at the age of 88. In tribute, we reproduce an article his wife Sheela Bhatt wrote about him 19 years ago.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
A classic example of a leader who has chosen to risk everything for his vision.
It has been a difficult year for Singh, whose fate from the start has been closely tied to that of the Gandhi family.
An expert reveals the secret.
Here's a list of the favourites of the billionaires.
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