Readers still have questions for former GE CEO Jack Welch -- about everything from GE's stock to politics
As announced in early February, former General Electric CEO Jack Welch is now writing a book that will address nitty-gritty business questions. BusinessWeek Online has been asking readers if they have any questions for Welch and his co-author/fiancee, former Harvard Business Review editor Suzy Wetlaufer. Here are some of the readers' responses.
Charting a Career Path
Many people have ambitions to become business leaders in their companies. How did you manage your desire to move up the GE corporate ladder? When and how did you set yourself a target to achieve a specific position? When did that target become GE's CEO? Was it just when Reg Jones decided to retire or much earlier?
M.V.S. (GE Employee)
Revving Up GE's Stock
What does GE (GE) need to do to get some positive momentum behind its stock price? It has been a dog for the last three years, and it is still 50% off its high. When Jack was in charge, the board instituted the stock buy-back program, indicating that GE stock was the best investment they could make. If it was a good investment at 40, it's a great buy at 32.
I have seen and heard of many companies, or groups within companies, that go through "reorganization" every two or three years. Most of the time, the management team does not have clear goals or objectives that they can convey to the staff. Do you feel that this a reasonable approach to leading a company/group?
Merritt Island, Fla.
The Right Attitude
How do you make sure that internal "self-confidence" is not perceived as "arrogance" by the outside world?
Mike Albright, Ph.D
Sugar Land, Tex.
Jack Welch has said he will never go near politics. Please reconsider this. You should train our politicians to move out of the way when they realize that they cannot govern 82.6 million people. Jack Welch knows about leadership, and he is capable of communicating and addressing leadership issues in a vibrant corporation -- globally. I speak for Germany.
Elizabeth M. Zeilbeck
Click here for a video interview with Jack Welch.
Editors' Note: Got a question for Jack Welch? A comment about him? The floor is still open. Send your questions and comments to BusinessWeek Books Editor Hardy Green. We'll publish the best ones online for Welch and the world to see.