Eek 2 Discussion
The chapter opened with a quote by GE’s Jack Welch: “Manage your destiny, or
somebody else will.” What does this mean for strategic management? What does it mean
when Welch adds, “…or somebody else will”?
What is the meaning of “Manage your destiny, or somebody else will”.
what manage your own destiny means is to set your own path, strategies or vision for your
future lest you get distracted along the way, without a plan of action, your path is erratic
and distractions lead you in directions you did not intend.
This principle applies to more than just your personal life; this principle can be
practiced within the business principles and strategic management of your own company
as well. In business strategies and principles exercised and tested, are what the term
manage is meant to be. “The term strategic management refers to the managerial process
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