Jack Welch - The Inventor Of Effective Management

Hiring and Employee Management Explained by Jack Welch - Arguably the Best Manager Business Has Ever Seen

"If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them."

- Jack Welch, former Chief Executive Office General Electric

The majority of Jack Welch's tenure at General Electric was spent searching within the company for the smartest, most driven people. As a matter of fact, during one of his first quarterly investment calls at GE, instead of just reading the numbers, he spoke about a utopia where people were given promotions based on their ideas and their work ethic as opposed to favoritism. Interestingly enough, the analysts did not seem to care about his management style and the stock dropped significantly after that earnings call.

We believe, however, that what matters most is not the product or service your company has, but the people behind it. Managers are frequently too overbearing with their employees and do not utilize them to their fullest potential. The best kind of managers understand the worth of their employees and hire very smart people. They are also willing to pay them for what they are worth. When a company has an intelligent, driven force behind it, the limitations are boundless. The best managers will lay down goals for their team, but regardless of whether they be broad or specific, they will allow their team to go about solving the puzzle in the way that suits them best. A lesser known fact, Jack Welch almost quit GE soon after joining because he firmly disagreed with the management style. Luckily, another manager convinced him to stay onboard. From a young child who had a stuttering problem, Jack Welch grew into becoming a pioneer in HR and management technique.

Another company where employees are given full reign to use their creativity and innovation in order to make their company better is Apple. Because Steve Jobs is the face of this highly successful and cutting edge company, it can be easy to forget about the people who work for him and how much they contribute. The company hates the word "office" so much that they refer to their headquarters as a campus. If you look at the iPhone and iPad, the creativity that goes into every single little detail of each device can only be the result of a free thinking organization which accepted ideas from anyone who had something to contribute, regardless of whether they are the head of development or work in the mailroom.

by: kas ksundheim

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