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Nó bao gồm một thiết kế lớn kết hợp một chương trình ổn định dầu với một giải pháp cho vấn đề nợ quốc tế. Lần đầu tiên tôi nghĩ của nó vào năm 1982. Tôi nêu trong một bài viết đã bị từ chối với lời bình gay gắt và không bao giờ được công bố. Được coi là quá xa vời và nó có thể sẽ được xem xét như hôm nay. Điểm thú vị về bài viết | 10 THE JACK WELCH LEXICON OF LEADERSHIP Welch attempted the largest acquisition of his career the 45 billion purchase of Honeywell. Although the deal was approved by regulators in the U.S. and Canada it was officially blocked by the European Commission in July of 2001 despite eleventh hour attempts by both sides to save the deal. The European Commission felt that the merger would give GE unfair advantage in the avionics market. Although Welch would have written a different ending to the battle for Honeywell the acquisition does not erase Welch s considerable accomplishments and is not likely to have a major impact on his legacy see Honeywell . Welch s Key Initiatives In his two decades at the helm Welch launched several sweeping initiatives that affected every aspect of GE s organization. He credits these grand programs as being one of his primary weapons in his effort to reinvent General Electric. The key initiatives were designed to boost productivity increase inventory turns improve quality and customer satisfaction etc. Ultimately they helped the company to grow at a double-digit rate setting the pace that other companies would attempt to emulate. General Electric implemented these programs by driving them through the GE operating system see Operating System . Through these initiatives and the many other concepts and strategies depicted in this book Welch built more shareholder wealth than any corporate chief in history. When he took over GE s total market capitalization was 13 billion. In the first half of 2000 GE became the first company to shatter the 600 billion barrier before settling back at a level below 500 billion. THE JACK WELCH LEXICON OF LEADERSHIP 11 The mid 1980s Thinking Outside Itself GE Goes Global In 1987 Welch launched a global revolution when he acquired a French company specializing in medical imaging Thomson . Welch knew that to grow at a double-digit rate GE would have to make significant pushes into Europe and Japan. 1989 Turning .
