How Welch Manages GE
Like the seasons in the year, there are rhythms and rituals to how Jack Welch manages the colossus that is General Electric. Besides his monthly teaching sessions at the Croton-on-Hudson training center, his date book is penciled in for:
EARLY JANUARY
Sets agenda for the year with top 500 executives at a session in Boca Raton, Fla.
MARCH
Tracks progress and swaps ideas with top 30 executives at quarterly Corporate Executive Council in Croton-on-Hudson.
APRIL/MAY
Goes into the field to each of GE's 12 businesses for full-day Session C meetings to personally review the performance and developmental plans for GE's top 3,000 managers. Also sends out a survey to thousands of employees to find out what they're thinking.
JUNE
Quarterly CEC meeting at Croton-on-Hudson.
JUNE/JULY
Spends full day with leadership of each of GE's businesses to review their three-year strategic plans at headquarters in Fairfield.
SEPTEMBER
Quarterly CEC meeting at Croton-on-Hudson.
OCTOBER
Convenes top 140 executives in Croton-on-Hudson at corporate officers' meeting to set the stage for the upcoming Boca meeting.
OCTOBER/NOVEMBER
Invests full day with leadership of each of GE's businesses to review budgets and follow up on human-resource reviews earlier in year.
DECEMBER
Quarterly CEC meeting at Croton-on-Hudson.
DATA: BUSINESS WEEK
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