Business success : it's a matter of reward and punish

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Business success : it's a matter of reward and punish

Published Sep 1, 2005 · J. Welch

Management Today

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Abstract

Extracted from text ... I 6 Management Today September 2005 Jack Welch is the former CEO of General Electric. He spoke during a satellite broadcast arranged by Primestars and sponsored by Biznetwork, a division of First National Bank. Business success: it's a matter of reward and punish If you want to succeed in business, you, as the chief executive, have to relentlessly upgrade your team because the team that fields the best players normally wins. That was the message of Jack Welch, former CEO of General Electric, when he addressed a South African audience via a satellite broadcast last month. The event was ..

Study Snapshot

Business success is a matter of rewarding and punishing employees, with the team that fields the best players normally winning, according to Jack Welch, former CEO of General Electric.

PopulationOlder adults (50-71 years)

Sample size24

MethodsObservational

OutcomesBody Mass Index projections

ResultsSocial networks mitigate obesity in older groups.

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