Chen Gengji is very clear that Jack Welch retired in 2001, that is, when he was 66 years old, and at this point in time, Jack Welch should have started the successor training plan at General Electric in the year after tomorrow, that is, in 1993, but in fact, Jack Welch was not immobile in 2001, in fact, he did very well until he retired, and what really made him decide to retire was the pressure from within the board of directors.

Because since 1981, Jack Welch has been the chairman and CEO of GE Group, and he has been in this position for 20 years, it can be said that the core and backbone of the entire GE up and down have been cultivated by Jack Welch, and even the board of directors is quite jealous of Jack Welch.

What do you say, in this case, what would the directors of the board of directors think?

Of course, I wish Jack Welch was leaving quickly - if you don't leave, will GE be ours or yours Jack Welch?

It can be said that the reason why Jack Welch retired in 2001 was more due to the pressure of the board of directors and shareholders, but now, he did not give him any pressure.

Jack Welch didn't sell anything to Chen Geng, and confessed to Chen Geng why he wanted to train a successor for AMC: "Boss, I hope to train a qualified successor for you in 4 to 5 years, and after that, I plan to run for Congress." ”

Jack Welch actually wants to run for Congress?

Chen Geng's mouth grew in surprise, and he was stunned for a moment before he said, "Are you going to enter the political arena?"

"Yes, boss, I'm serious. Jack Welch nodded seriously, his expression serious.

"But...... Why?" Chen Geng was a little incomprehensible: "I remember you once told me that you never planned to enter politics. ”

After his retirement in 2001, Welch not only continued to serve as a special consultant to General Electric, but also took a large amount of pension from GE every year, and also made money all over the world through books, lecture tours, etc., and I don't know how nourishing my small life is.

What makes many people envious the most is that this guy married a female reporter in 2004!

You know, Jack Welch was 69 years old at the time, and the female reporter named Susie Welaufer was "only" 45 years old, a typical old cow eating tender grass, and in order to divorce his second wife Jane Billis, Jack Welch paid a breakup fee of up to $180 million!

But in this life, nothing happened, Jack Welch didn't know his second wife Jane Billis, his wife was still his first wife Caroline Osborne, counting four children, a family of six lived happily, but in this way, Chen Geng was curious in his heart, why did Jack Welch suddenly want to enter politics?

"Because I've found that political families are the best way to pass them on. Jack Welch sighed and said.

“......”

Chen Geng scratched his head, not quite understanding what Jack Welch meant.

"I'm also a successful professional manager," Jack Welch sighed, and said, "But if you look at my four children, none of them can inherit my mantle, of course, with your generosity, I can have a worth of four to five hundred million after I retire, and the pension I get from the company every year is also a lot of money, enough for these four fools to live a worry-free life, but this is not what I want." ”

“......”

Chen Geng stopped talking, waiting for Jack Welch to continue.

"You know, I'm just a child born into an ordinary American family, in fact, our family has a chance to rise to the top of my family, and my father often told me that he hopes I can build a family that will last for hundreds of years," Jack Welch sighed again: "But as you can see, my four children are not business materials, and it is impossible for me to build a business-based inheritance family similar to the Rothschilds that can be passed down for hundreds of years."

Since it's impossible to build an orderly business family, I thought, maybe I can think of a way from other angles?" Speaking of this, Jack Welch shrugged: "Later, I thought about it carefully, if I go into politics, it seems that it is also a good way to create a political family for my children?"

So that's what happened!

Chen Geng finally understood why Jack Welch decided to train a successor: he wanted to make a difference in politics while he was still young, and take the opportunity to build a political foundation for his children.

As for Jack Welch's achievements in the economic and industrial fields, once he decides to run for Congress (the congressman is probably hopeless, but if he is ready to run for the state congressman of a certain state, such as the state congressman of Michigan, with his own support, it should not be too problematic), and then use the state legislators as the basis to build a local political family in more than ten years, it is not impossible and hopeful.

"Understood," Chen Geng sighed, "Although this makes me feel very sorry, but since this is your chance to build your own family, I have no reason to insist on keeping you." ”

"Thank you, boss. Jack Welch said gratefully.

Of course, he understood that what his boss meant by his words was that as long as he cultivated a qualified successor, he would let himself go and would not put any obstacles in his way, which was undoubtedly the most ideal outcome for Jack Welch.

"Do we still need to be so polite between us?" Chen Geng waved his hand, signaling that Jack Welch didn't need to say these words, he was a little curious: "Jack, have you thought about where you are going to enter politics?"

"If there are no changes, I would like to run for the state legislature of a certain state, or be invited to be a government official of a certain state," said Jack Welch, who looked at Chen Geng with blazing eyes: "Of course, if a member of the state cabinet of a certain state or a cabinet member of the current US government, such as the Secretary of the Treasury or the Secretary of State, would like to invite me to be his special adviser, I would also be very happy." ”

Yesterday you were a businessman or a senior official of a company, and tomorrow you may be able to become a senior government official, and at the same time, it can also be the other way around, you were still a senior government official yesterday, but as soon as you change your face, you can go to work in a large enterprise, and many officials in the US government are so "seamlessly switched".

Don't be surprised if a senior U.S. government official, or even the current president, George H.W. Bush, takes a fancy to Jack Welch's ability and invites him to be Secretary of Labor or some other senior official, it's all normal.

Is there a downside to this?

Of course.

Not only that, but there are many, for example, senior officials have no experience in working at the grassroots level, no experience in running one side, and after coming to power, they still manage the government according to the same method of managing enterprises, and there will definitely be big problems, and in fact it is true, many problems in the US government are caused by this "seamless switch", because cabinet members have no grassroots work experience, and there are countless jokes that are common sense in our opinion, but because this topic is more sensitive, we will not talk about it.

Jack Welch said this, where did Chen Geng still not understand his thoughts? This guy obviously hoped that he could recommend him to serve under a cabinet member, but to tell the truth, if he had experience working in the central government, especially for the secretary of state or foreign minister, Jack Welch's career would be bright, and his dream of building a political family would save a lot of time.

"Understood," Chen Geng pondered for a moment and said, "If there is a suitable opportunity, I will recommend you." ”

A smile appeared on Jack Welch's face: what he was waiting for was Chen Geng's words! Or rather, what he wanted was Chen Geng's promise.

In return, Jack Welch immediately said: "Boss, you can rest assured that I will not leave the company until a suitable successor is found for you." ”

"Well," Chen Geng responded, and then asked, "Who do you think is more suitable for the person in charge of the preparation of the European R&D Center?"

Now that I've said that's all I have to say, it's time to get down to business.

Jack Welch thought for a moment and said, "I think James McEnany is good. ”

"James McEnany?" Chen Geng was very impressed by the name, he thought for a moment, and confirmed to Jack Welch: "The head of market development of the group in Europe now?"

Jack Welch nodded, "Yes, that's him." ”

Chen Geng frowned and groaned, if he remembered correctly, this James McEnany was one of the several main assistants that Jack Welch took from General Electric when he left General Electric.

Speaking of this James McEnany, Chen Geng also has to admire this guy's ability, worthy of being valued by Jack Welch, in 1988 only in 1990 these three years, AMC cars in the European market fell into the European powerhouses "encirclement and suppression", the annual sales were trapped in about 700,000 units and could not move, but after Jack Welch transferred this brother to Europe, in just one year, AMC's sales in Europe quickly broke through to see 1 million units, and the ability can be seen!

And Jack Welch recommended James McEnany as the head of the preparation of the European R&D Center at this time, and the intention is also very clear: if James McEnany successfully prepares the AMC European R&D Center, with his merits, he is enough to serve as the head of the newly established European branch, at that time, James McEnanico will become one of the few super-bosses within AMC who is qualified to sit on one side, and after Jack Welch retires in the future, he is even qualified to take over Jack Welch's current position.

Although he instantly understood Jack Welch's "selfishness", Chen Geng agreed without hesitation: "Yes, no problem, tell him, as soon as possible." ”

Jack Welch secretly breathed a sigh of relief, and hurriedly nodded: "OK, boss, don't worry," After saying this, Jack Welch paused, and then continued: "One more thing, boss, in order to better develop the European market, I think not only will we continue to increase our investment in the field of the World Rally Championship, but also we will enter the F1 event, what do you think?"

“F1？”

As the laurel of formula racing, Chen Geng is certainly no stranger to F1 events, although AMC has also participated in North American formula cars, and the results are not bad, but as Jack Welch said, if AMC wants to achieve a better market share in Europe, in addition to the World Rally Championship, F1 is an unavoidable threshold.

There is no way, consumers in the European market will recognize this: how good the product you are talking about, then you should go to the F1 race to get a good ranking.

————————————

PS: Sorry brothers, please wait a few minutes.

And Jack Welch recommended James McEnany as the head of the preparation of the European R&D Center at this time, and the intention is also very clear: if James McEnany successfully prepares the AMC European R&D Center, with his merits, he is enough to serve as the head of the newly established European branch, at that time, James McEnanico will become one of the few super-bosses within AMC who is qualified to sit on one side, and after Jack Welch retires in the future, he is even qualified to take over Jack Welch's current position.

Although he instantly understood Jack Welch's "selfishness", Chen Geng agreed without hesitation: "Yes, no problem, tell him, as soon as possible." ”

Jack Welch secretly breathed a sigh of relief, and hurriedly nodded: "OK, boss, don't worry," After saying this, Jack Welch paused, and then continued: "One more thing, boss, in order to better develop the European market, I think not only will we continue to increase our investment in the field of the World Rally Championship, but also we will enter the F1 event, what do you think?"

“F1？”

As the laurel of formula racing, Chen Geng is certainly no stranger to F1 events, although AMC has also participated in North American formula cars, and the results are not bad, but as Jack Welch said, if AMC wants to achieve a better market share in Europe, in addition to the World Rally Championship, F1 is an unavoidable threshold.

There is no way, consumers in the European market will recognize this: how good the product you are talking about, then you should go to the F1 race to get a good ranking.

Wonderful Book House