After GE
Following Welch's retirement from General Electric, he became an adviser to private equity firm Clayton, Dubilier & Rice and to the chief executive of IAC, Barry Diller. In addition to his consulting and advisory roles, Welch has been active on the public speaking circuit, and co-wrote a popular column for BusinessWeek with his wife, Suzy, for four years until November 2009. The column was syndicated by The New York Times. In 2005, he published Winning, a book about management co-written with Suzy Welch, which reached #1 on The Wall Street Journal bestseller list, and appeared on New York Times' Best Seller list. Since January 2012, Welch and Suzy Welch have written a biweekly column for Reuters and Fortune, which they both left on October 9, 2012, after an article critical of Welch and his GE career was published by Fortune.
On January 25, 2006, Welch gave his name to Sacred Heart University's College of Business, which will be known as the "John F. Welch College of Business". Since September 2006, Welch has been teaching a class at the MIT Sloan School of Management to a hand-picked group of 30 MBA students with a demonstrated career interest in leadership.
In 2009, Welch founded the Jack Welch Management Institute, a program at Chancellor University that offered an online executive MBA degree. The institute was acquired by Strayer University in 2011. Welch has been actively involved with the curriculum, faculty and students at the online business school since its launch.
In 2012,Welch featured in the media quite regularly when he used his Twitter account to challenge the Obama administration over the surprise drop in the September US unemployment rate and said that the data was manipulated for political gain. Despite denials of the claims and huge media attention, Welch continued with his claims and backed them up with some compelling points, chiefly that the US population required the creation of 150,000 to 200,000 jobs each month and that the current rate of creation was at 114,000.
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