Jack Welch: Difference between revisions
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Latest revision as of 15:46, 31 October 2024
| Jack Welch | |
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| Basic facts | |
| Organization: | Jack Welch Management Institute |
| Role: | Executive chairman |
| Location: | New York, New York |
| Education: | • University of Massachusetts •University of Illinois at Urbana-Champaign (Ph.D., chemical engineering)[1][2] |
| Website: | Official website |
Jack Welch is the executive chairman of the Jack Welch Management Institute, a M.B.A. program that is a part of the for-profit university Strayer University.[2] During the period of transition between the Obama and Trump administrations, Welch was reported to be in consideration for a high-level appointment in the Trump administration. ABC News reported that Welch was being considered for secretary of commerce.[3]
Career
General Electric
In 1981, Jack Welch became the CEO of General Electric (GE). However, Welch had worked for the company prior to this, working in various departments. He was 24 when he began working for GE. After becoming CEO, Welch remained in that role until 2001.[1][2]
Jack Welch Management Institute
While at GE, Welch developed a corporate training center and, after retiring from the firm in 2001, he created the Jack Welch Management Institute. The Jack Welch Management Institute is a part of the for-profit university, Strayer University.[4] Welch serves as the institute's executive chairman. The institute offers an online M.B.A. as well as one-time credential courses, called "bootcamps."[5][6]
Published works
Welch has published several books—most with his wife Suzy Welch—all of which are focussed on business and business success. In 2005, he published Winning, which examines business organization, business competition, and self-success.[7] In 2015, Welch published The Real-Life MBA, which is a "day-to-day" analysis of business and the problems that present themselves in business.[8]
Donald Trump presidential election, 2016
| Possible Trump appointee (first term) |
|---|
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| During the 2016 presidential transition of power, Welch was reported to be in consideration for a high-level appointment in Donald Trump's (R) first term. |
Full list of possible appointees |
See also: Donald Trump's Cabinet, 2025 |
Welch supported Republican presidential nominee Donald Trump during the 2016 election cycle, but withdrew his support after tapes were released of Trump making comments about women.[9] In September 2016, Welch voiced his support for Trump citing Trump's economic stance. Welch noted that the economy is "choking" on regulations.[10] In November, after Trump's victory, Welch, at the Discovery Leadership Summit, said that "Donald Trump will show the world what dynamism looks like," adding "If we get the bureaucrats in Brussels and Washington out of the way, [economic] growth will improve."[11]
See also
External links
Footnotes
- ↑ 1.0 1.1 LinkedIn, "Jack Welch," accessed November 22, 2016
- ↑ 2.0 2.1 2.2 Jack Welch Management Institute, "About," accessed November 22, 2016
- ↑ ABC News, "What a Trump Cabinet Might Look Like," November 18, 2016
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedstray - ↑ Jack Welch Management Institute, "Bootcamps," accessed November 22, 2016
- ↑ Jack Welch Management Institute, "Online MBA," accessed November 22, 2016
- ↑ Harper Collins, "Winning," accessed November 22, 2016
- ↑ Harper Collins, "The Real-Life MBA," accessed November 22, 2016
- ↑ CNBC, "Donald Trump's economic plan has 'unlimited' opportunities, Jack Welch says," November 9, 2016
- ↑ Politico, "Jack Welch outlines why he's supporting Trump," September 20, 2016
- ↑ Newsmax, "Jack Welch: Trump 'Will Show the World What Dynamism Looks Like'," November 15, 2016
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