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Long before the reign of Elon Musk, Mark Zuckerberg and Jeff Bezos, there was Jack Welch. Welch, who headed up the General Electric Company from 1981 and 2001, is often thought of as the first celebrity CEO, a businessman who wowed investors and mingled with celebrities. "[Welch's] face was on the cover of magazines all the time," New York Times correspondent David Gelles says. "He emerged as sort of this imperial executive and helped define what I think is still with us today in the form of a certain amount of CEO worship." In his book, The Man Who Broke...

Jack Welch was a railroad conductor’s son who rose to chairman and CEO of General Electric.During the 20 years he led the conglomerate, its market value grew from $12 billion to $410 billion.Fortune magazine once called him “manager of the century,” but he also was known as “Neutron Jack” for slashing tens of thousands of jobs.  Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.His death was announced Monday by his wife, Suzy. With...

Jack Welch, the former GE chief and longtime Republican, withdrew his support for Donald Trump on Saturday night, calling for a new GOP nominee.... ...."Like Republican message on Economy, Security and Supreme Court...Unfortunately, wrong messenger...Party must change nominee now," Welch tweeted.

Jack Welch, the former GE chief and longtime Republican supporter, told CNBC on Tuesday he's voting for Donald Trump because he likes the real estate mogul's policies on tax reform, government regulations and national security more than those of Hillary Clinton. Welch was late to the Trump camp, first supporting Texas Sen. Ted Cruz, who failed to secure the GOP presidential nomination. Welch provided a detailed argument for Trump's policies in a "Squawk Box" interview. On taxes, he said Trump's federal corporate tax cut from 35 percent to 15 percent would be better for the economy. On regulation, Welch said...

“I’ll vote for Donald Trump, absolutely, not a question,” Welch said in the interview. “I’d vote for just about any human being against Hillary Clinton in this election.” Welch said it’s not too late for Trump to convince skeptical Americans that he is better than Clinton. "Show the American people how he's going to create jobs, a better economy and a better life for all of them," Welch said. "Get back on the real issues,” he said. “I am behind the Republican candidate. Any Republican candidate,” he said. “I can't have eight more years of this. I don't want eight...

Former General Electric CEO Jack Welch, who has been praising anti-GOP establishment for more than a year, called Texas Sen. Ted Cruz a "sure bet" on his Twitter page over the weekend.

Former General Electric CEO says the Texas senator always 'does what he says he's going to do' on 'Your World' Watch the video at the site.

Former CEO of GM Jack Welch and wife Suzy, authors of “The Real-Life MBA: Your No-BS Guide to Winning the Game, Building a Team, and Growing Your Career”, talked to Brian on Kilmeade and Friends about why they wrote the book.---snip--- (AUDIO-AT-LINK)On the 2016 GOP Presidential candidates, Jack Welch told Brian that he is taking a very interesting and deep look into Senator Ted Cruz (R-TX) because he likes what he stands for, has guts, and does what he says....

<p>Republicans need to run a presidential candidate in 2016 like a Ted Cruz or a Rand Paul, not a Jeb Bush or a Chris Christie, management guru Jack Welch told CNBC on Monday.</p> <p>Bush and Christie are "too middle of the road" to win the country, the conservative-leaning Welch said in a "Squawk Box" interview—a day before the 2014 midterm election in which Republicans hope to take control of the Senate.</p>

The revelations are stunning. The proof is clear. People should have known; people should have done something. It was clear even before the Democrats rolled out their newest experiment in social engineering that it would fail. Poor in conception, flawed by design, the expectations were too high, experience too low. Yet still they elected him, with a grand assist by the media: first, nominee of the Democrat Party and then, ultimately, president of the United States. Twice. And that after spending nearly two billion dollars to do it. For that kind of money, even the government could build a fully...

There were many reasons for the decline of Microsoft under Steve Ballmer, including, as I wrote this morning, its lack of focus and its habit of chasing trends rather than creating them. But one that’s not obvious to outsiders was the company’s employee evaluation system, known as “stack ranking.” The system—and its poisonous effects on Microsoft’s corporate culture—was best explained in an outstanding Vanity Fair feature by Kurt Eichenwald last year... So while Google was encouraging its employees to spend 20 percent of their time to work on ideas that excited them personally, Ballmer was inadvertently encouraging his to spend...

Former GE CEO Jack Welch's reaction to non-farm payrolls adding 114,000 new jobs in September and the unemployment rate falling to 7.8 percent: Twitter/@jack_welch Looks like Welch already was predicting this last night: Twitter/@jack_welch

Former Chairman and CEO of General Electric Jack Welch told Neil Cavuto today that Mitt Romney will win. “Mitt Romney will win and I don’t want you to get weak-kneed like this last discussion with Charlie about Wall Street getting weak-kneed. Nobody’s getting weak-kneed.” That’s some sage advice from an American hero. (VIDEO AT LINK)

Leadership: A business icon has ripped the administration's "divide and conquer" strategy, the president's refusal to take responsibility for his policies and for an enemies list that would make a disgraced ex-president proud. We now have the Obama Principle. It's like the Peter Principle, in which people rise to the level of their incompetence, except as redefined by this administration you refuse to recognize your incompetence and constantly blame others when things go wrong. Jack Welch, renowned former CEO of General Electric before it became the nontaxpaying sock puppet for the administration's green energy push, has penned an Op-Ed article...

Eh, what does this guy know about leadership, anyway? He’s only the most widely respected CEO of the last twenty years or so and the founder of a school that develops leaders in the business world, plus the author of a book or two on the subject. Former GE chief Jack Welch unloaded on Barack Obama yesterday for his chronic lack of leadership, manifest mainly through the ever-expanding universe of scapegoats that Obama cites for the failures of his economic policies. Welch thinks that Obama has become positively Nixonian — or maybe worse (via Instapundit): President Obama’s “divide-and-conquer” approach isn’t...

As such, the Obama/Clinton/Biden analogy rings hollow. Though every candidate might have his own specific plan, and one can prefer a candidate for myriad reasons, there was never any serious ideological split between these candidates. So handling the end of the primary season and attempting to unify the party, required massaging egos and satisfying personal ambition. Thus, the approach the Welches are proposing here – giving consolation prizes to the losers so they feel connected and valued – makes sense only in that context. When, however, there are substantive policy differences, the efforts to make the losers feel valued can...

The economy has made a sharp U-turn in the past couple of months, and better days for American businesses and workers are around the corner. But don't take my word for it. Take Warren Buffett's. And Jamie Dimon's. And Jack Welch's. All three tell me that in the past four to eight weeks, they've seen a real change in their businesses, and that indicates better news for the nation's economy. They should know. Warren Buffett has been focusing on the data from BNSF Railway, which he recently acquired. At the start of the recession three years ago, Burlington Northern felt...

Jack Welch, the former CEO of General Electric, blasted the Obama administration and Congressman Barney Frank this morning telling a banking audience that the Democrats’ actions to restructure the entire economy are “insane.” “I hope that the New Jersey and Virginia governor’s race will put some realism into this administration,” Welch told an enthusiastic crowd at the Bank Administration Institute convention at Boston’s Convention and Exhibition Center. “I hope it will cause them to pause and not just jump into anything they encounter.” Welch was referring to the races on Tuesday where Republicans bested Democrats, a sign some say that...

The Jack Welch MBA by: Deborah Lambert, July 15, 2009 In the case of former GE CEO Jack Welch, you name a degree after him. The Wall Street Journal reported that Welch is “paying more than $2 million for a 12 percent stake in Chancellor University System LLC, which is converting a formerly bankrupt university into an online entity—and naming its Business Administration Program the “Jack Welch Institute.” This didn’t happen overnight. Welch, a former skeptic of online programs, had to be convinced that this one would be a high quality product, worthy of his name. The Chancellor project is...

Former General Electric Co. Chief Executive Jack Welch is putting his name and money behind a little-known educational entrepreneur, injecting some star power into the budding industry of online education. Mr. Welch is paying more than $2 million for a 12% stake in Chancellor University System LLC, which is converting formerly bankrupt Myers University in Cleveland into Chancellor University. It plans to offer most courses online. Chancellor will name its Master of Business Administration program The Jack Welch Institute. Chancellor's leading investor is Michael Clifford, an entrepreneur who has launched two publicly traded companies in the past year: Grand Canyon...