Capstone Management Analysis - Essay Example

Today most of the Fortune 500 are from the USA, not because of the human capital, diversification, and creativity, (although they too contribute to business success) but due to the leaders they have such as Bill Gates, Warren Buffet, Jack Welch and so on. We know that these people have inspired millions through their big ideas, inspirations, their timely decision-making processes etc.

When Jack Welch took charge of General Electric, the total worth of the company was US$ nine billion and at the time when he left General Electric, after almost twenty years, the company’s financial worth was US$ 500 billion. This figure itself speaks about the leadership skills Jack Welsh possesses. He is a man who has a lot of energy. During his stay at General Electric, he acquired a lot of new businesses, streamlined plenty of strategic business units and plenty of mergers and acquisitions which needed loads of enthusiasm, courage and timely decision-making. From the day he first in General Electric, Jack always came up with new ideas and notions, which reaped fruitful results for his company. He is a man of change, he believed that keep changing positively will leave the competitors far behind, because while changing you grow according to the needs and wants of the customer. He can energize others, from top management to the bottom and the stakeholders.

Jack Welsh believes that a successful leader is one who always completes his job, no matter what kind of job it is. He says that a good leader always makes strategy first and then goes about completing the goal. While choosing members of the team, a leader should always keep in his mind that all tasks should be assigned to each member according to their capabilities and knowledge. Jack is considered a man of integrity, no matter what happens he speaks the truth, in his tenure he made very hard decisions and he stood by them even if the decision proved wrong, he never blame his companions for his wrong decisions.

He has a high level of emotions and self-control. Some of the decisions he made were very critical for the employees of General Electric but were beneficial for the company. He is a man of vision because he believes that a leader must have a vision, and must know where to lead his/her followers. Moreover, he is a highly motivated person who is very loyal and committed to his organization and its goals (Leadership, 2006).

Like Jack, some extraordinary people are leaders in every field of life because they are fully aware of the fact that when to make necessary amendments in life, how to handle problematic situations and which decision best fits the current circumstances.

In my life, I faced numerous situations, in which I was leading a group of people and analyzed a lot of things related to my personality traits. Considering my positive attributes, in my opinion, a person who makes quick decisions can easily survive in this speedy world. At times, my decisions put me in losses, but gains are always more comparatively. Moreover, I am at all times, very confident about what I do and this helps me in my character-building. On the contrary, I dislike my habit of being stubborn and for it, I bear heavy losses in my life.