Why Jack Welch Quit GE One Time
When Jack Welch had worked for General Electric (GE) for little more than a year back in 1961, the decided to quit his job as a junior engineer. He had even accepted a job offer from International Minerals & Chemicals in Skokie, Ill.
what is illuminating about this is why he decided to quit. The reasons give were that he felt "stifled by the company's bureaucracy, underappreciated by his boss, and offended by the civil service-style $1,000 raise he was given."
The importance of this to me is that Welch remembered what it was that made him want to quit the company, and decided that he would fight against that as he traveled up the corporate ladder.
He saw what it was that hindered a company and its people from excelling and he attacked it whenever he could at GE.
It's another way of saying that Welch himself was a bellweather. The very things he saw that he didn't dislike weren't simply connected to his personal tastes alone, they were part of the problem that GE and other corporations battled, and his seeing it was a blessing in disguise for the company.
That's why we have talked about some of his techniques he used to expand these things throughout the company. What he experienced when he wanted to quit was bigger than himself and systemic to General Electric and many companies they competed with.
The way that Welch attacked problems was one of the reasons GE was one of the greatest companies in the world under his watch. Sometimes the things that are bothering you inside could be the very thing that the company needs to change things and make it much greater.
Welch saw and understood that what was in him was bigger than he was and proved he was right by the results of his actions. It's good at times to check out those things that are troubling us to see if they're bigger than our own personal tastes.
Many times they are just what the company needs to see to change. At times we ignore them at our peril.
Other Jack Welch Resources:
Jack Welch's advice to MIT Sloan students
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