Jack Welch's goal was to make GE "the world's most competitive enterprise." He knew that it would take nothing less than a "revolution" to transform that dream into a reality. "The model of business in corporate America in 1980 had not changed in decades. Workers worked, managers managed, and everyone new their place. Forms and approvals and bureaucracy ruled the day." Welch's self-proclaimed revolution meant waging war on GE's old ways of doing things and reinventing the company from top to bottom.
Today, GE with its unique learning culture and boundaryless organization is one the most admired company in the world.
The techniques and ideas that Welch has employed to move GE forward are applicable to any size corporations, small, medium, or large.