"Jack, there's a story going around that ... and their jobs were better," said Welch. "They had fun. They didn't have some bureaucratic ass sitting on them in most cases. They had a job that ...

His achievements are considered epic, and as a result, thousands of companies around the world have adopted the Welch Way. After retiring from GE in 2001, Jack Welch has only become more active in ...

This short-term performance focus can have a long-term detrimental impact on a company's sustainability when taken to an extreme. Jack Welch was married three times. In 1959, he married Carolyn B.