Blog
Categories
Calendar
| <<
November 2006
|
| S | M | T | W | T | F | S |
| |
|
|
1 | 2 | 3 | 4 |
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | | |
Archive
Feeds
Join
|
Jack Welch on Kirchner et al
November 15th, 2006, 7:59
GE’S JACK WELCH SPEAKS IN SANTIAGO, CHILE
(November 15, 2006) Former CEO of General Electric and “Business Man of
the Century” Jack Welch visited Chile on Monday to speak in front of
1,200 business people in Santiago’s Espacio Riesco conference centre.
Welch praised President Bachelet on several counts, but criticized her
government’s gender-equality policy. “She included the policy in her
campaign, she won and she has the right to implement it,” said Welch.
“Do I agree with it? Of course not! Not at all! I believe in
meritocracy.”
Welch also stressed the need for flexibility in a company’s structure
and the importance of worker’s rights to compensation. “Greater
flexibility in the work place increases the chances for meritocracy and
creates companies that win results,” he said.
At them same time, he stressed that companies have a responsibility to
their workers and acknowledged the need for social safetynets. “If you
make the mistake of hiring a bad worker, you should pay for it,” he
said. “Indemnity payments are part of doing business.”
When speaking of other Latin American leaders, the American businessman
was less complimentary. In reference to Argentina’s President Néstor
Kirchner he said, “His ability to lead depends on who you ask: whether
it’s a businessman, whose prices he fixes and therefore they don’t like
him, or a normal, average person.”
Of Hugo Chávez, Welch was even more scathing. “I have absolutely
nothing to say about him,” he said. “His comments about the U.S. were
outrageous.”
As a Republican, Welch was disappointed by the results of last week’s
election, but he didn’t see any reason worry about the economy under
greater Democratic influence.
Welch, who turns 71 this week, put his success down to “luck, the
ability to choose employees well and enjoy watching them develop, as
well as enjoying a challenge.” He managed GE for twenty years between
1981 and 2001, during which time he increased GE’s market value by
US$400 billion.
SOURCE: LA TERCERA
By Beatrice Karol Burks (editor@santiagotimes.cl)
|
|
Powered by ZoomBlog.com
|
Blogroll
Clinicucha
Friends
link2
|
