The Welch Succession: Immelt's Journey at GE

Author: Wu Hongyuan, Zhang Wei
Publisher:
Publish Date: 2004-02-01
Features: A legendary story of GE's CEO Jack Welch's successor, Jeff Immelt. Jeff Immelt is the Chairman and CEO of GE. He graduated from the Department of Applied Mathematics at Dartmouth College and later obtained an MBA from Harvard Business School. In November 2000, he was appointed as President and Acting Chairman of GE, and officially took over as Chairman and CEO of GE from Jack Welch in September 2001. Taking over during a period of glory, can he continue the legacy? This is a story behind the business myth, containing true lessons on sustainable development. The book includes nine parts: Jack Welch's careful selection, a smooth transition under immense pressure, carrying expectations, GE during the Welch era, maintaining original policies, operational transformation, and Jeff Immelt's China strategy.