A Great Boss
Jeff Immelt
Venture Partner, New Enterprise Associates (NEA); Chairman & CEO, GE, 2001 - 2017
From the first day I joined GE in 1982, I felt like I worked for Jack Welch – and that was all right by me. He was a brilliant, aspirational leader. Jack was always direct, but his frankness was appealing and effective. His informality and accessibility made GE a team, and we all loved working for him because he wanted the people around him to succeed. He was the best boss I have ever seen.
There has been so much written about Jack. But if I were asked to name the most important lesson he taught me it would be how to lead an enterprise at scale. There are things he did that any leader can do, whether at a big industrial company or a small start-up. And in this area, he was the best I have ever seen.
He created an aura that he nurtured through informality and access. Everyone felt they worked for Jack. There was always a sense that everybody counted and that each individual voice mattered. Managers were expected to be out of their offices and known to all, while bureaucrats who holed up behind closed doors were shown the door. Employee surveys and engagement scores were taken seriously. Bad managers couldn’t hide. Substance always trumped protocol. Jack paid little attention to layers or organizational charts. He’d call anyone himself.
He created horizontal cohorts of managers. Even when they were in different GE businesses, managers were expected to be able to execute and drive change across the company. Special attention was paid to the top cohort of 500. At this level, he controlled compensation and promotions. “You work for me, the businesses just rent you,” he said.
He built process + instrumentation + accountability. People knew what to expect from Jack. Under him, every business had a few well-established operating mechanisms. These spanned operations and strategy and talent. Every meeting was a learning opportunity in which decisions were made and best practices shared. Jack could be bombastic – he upped the theater quotient in many meetings – but people enjoyed interacting with him. Meanwhile, metrics mattered and they kept us accountable.
He dominated the communication channels. He controlled the messaging. Communication was segmented. Good leaders have a voice for the company (thousands), a room (hundreds), a meeting (10 people and up), and an individual. Good leaders know how to communicate to a cohort, horizontally, in an organization. Jack understood the context and the impact of each group. He would change the tone and vocabulary. Once when I was running the Healthcare business, Jack came to visit to give me my review. He chewed my ass. A moment later, he went next door to meet with some union leaders. He was charming and engaging – a different person.
He set priorities. Jack was clear about what was important. Priorities are critical if you want to execute at scale. At the same time, he was open to a good idea.
He wanted people to succeed. A lot has been made of Jack’s performance management, i.e. “rank and yank.” But we invested a lot in motivation and training. We got excellent performance from normal people in the middle of the pack. I marveled at Jack’s ability to give people a chance to grow. He treated HR people with respect and valued talent. This is in stark contrast with what I see in the start-up world, where HR is treated like an afterthought and recruiters have a dominant voice. Jack trusted his own instincts on people.
We will all miss Jack. God bless him and his family.
Sustainable Combustion and Hot-Section Technology Leader
4 年Jack fattened the hog and Jeff butchered it.
Vice President at GREENPLY INDUSTRIES LIMITED
4 年Truly a boss of all time.
Producer @ Lockton | Founder of BenefitSmith.com | Helping companies optimize benefits investments and improve their people’s health, happiness and wellbeing
4 年Sorry to hear about Jack "Doc" Welch's passing. He was my first "boss" as a caddy at the Country Club of Pittsfield. It was exciting and terrifying as a 14 year old kid to tell the CEO of GE that he couldn't get there with an 8 iron and he'd better hit the 7 iron. BTW, I was right. GE and Jack are part of my and my family's story. It's complicated but that GE stock that my father earned and my mother saved, helped put me through college and gave her comfort and a good lifestyle in retirement. There are lots of great Jack quotes but perhaps my favorite is “Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.” I'm sure there will be a serious Nassau match in Heaven today. Godspeed Doc?
R&D Project Manager at Hitachi Energy
4 年I talked with a few guys who had worked in GE when Jack was president, my impression was that Jack created a flat organizational structure within GE and cut off many hierarchy levels in the middle unlike most big companies. Is it common that large scale organization would eventually be crowded with different managers so bureaucratic and procrastination is inevitable?
Indeed!