new the move would make him quite unpopular, but today GE, through acquisitions and mergers employs far more people than it did before Jack Welch took over.Leadership secret 10- Use Acquisitions to make the Quantum Leap!This secret simply outlines General Electric’s acquisitions of RCA and Honeywell. Both moves are considered the highlights of Jack Welch’s tenure as CEO of GE. The RCA move was a drastic step out of the norm for the inwardly focused corporation and the Honeywell deal was a last second effort by Jack Welch that landed GE one of the largest industrial mergers in corporate history.Leadership Secret 11- Learning Culture I: Use Boundarylessness and Empowerment to Nurture a Learning CultureEmpower your employees and encourage them to think. Even encourage them to look outside the company to find ideas. In today’s work environment, many employees are treated as replaceable robots, only there to do a certain job and go home. Welch’s theory is to provide a channel for employees to voice their opinion on operations and provide solutions. Then, managers can take these solutions and share them with other managers, so everyone benefits from a great idea.Leadership Secret 12- Learning Culture II: Inculcate the Best Ideas into the Business, No Matter Where They Come fromThis secret simply reinforces the beliefs of Leadership Secret 11.Leadership Secret 13- The Big Winners in the 21st Century will be Global In summary, this secret explains the need to look outside the U.S. border for customers. To achieve this, however the company needs to have a secured position in its home market.Part III- The Boss Element: Productivity Secrets For Creating the Boundaryless OrganizationLeadership Secret 14- De-layer: Get Rid of the FatJack Welch is making a direct reference to the overload of managers in the GE Corporation. Of GE’s 400,000 employees, 25,000 were some type of manager. With so many supervisors overs...
