Tuesday, July 14, 2009

Welch: 'No Such Thing as Work-Life Balance'

The Wall Street Journal
MANAGEMENT
JULY 14, 2009, 4:52 A.M. ET

By CARI TUNA and JOANN S. LUBLIN
Former General Electric Co. Chief Executive Jack Welch has some blunt words for women climbing the corporate ladder: you may have to choose between taking time off to raise children and reaching the corner office.
"There's no such thing as work-life balance," Mr. Welch told the Society for Human Resource Management's annual conference in New Orleans on June 28. "There are work-life choices, and you make them, and they have consequences."
Mr. Welch said those who take time off for family could be passed over for promotions if "you're not there in the clutch."
"The women who have reached the top of Archer Daniels, of DuPont, I know these women. They've had pretty straight careers," he said in an interview with journalist Claire Shipman, before thousands of HR specialists.
"We'd love to have more women moving up faster," Mr. Welch said. "But they've got to make the tough choices and know the consequences of each one."
Taking time off for family "can offer a nice life," Mr. Welch said, "but the chances of going to the top on that path" are smaller. "That doesn't mean you can't have a nice career," he added.

Full Story: http://online.wsj.com/article/SB124726415198325373.html?mod=dist_smartbrief

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