Big Man on Campus
Jack, the best CEO in the history of the World, Welch has announced a new venture. No, it doesn’t concern a new book which reveals that he’s the best CEO in the history of the World, or another high paying speaking engagement in which he explains that he is the best CEO in the history of the World or even a television appearance in which he talks about his place as the best CEO in the history of the World. No, Jack, the best etc., Welch is joining forces with Michael K. Clifford to enter the higher education business. He has taken a 12% stake in Chancellor University System, an on-line university which will offer both under-graduate degrees and an MBA degree from the Jack Welch Institute …named coincidently for the best CEO, etc.
Mr. Clifford, or Dr. Clifford as he likes to refer to himself, is also head of several other companies that operate 3 other universitys…Grand Canyon Education, Ashford University and University of the Rockies. Mr. Clifford, now 55, has an interesting background for a higher-education chief, including a background in broadcasting, telecommunications and work with evangelical leaders. What “Dr.” Clifford does not have in his resume is a college degree. He never went to one. I guess there’s no point to pay to go to college, when you can own one. Or more. I wonder if that’s going to be part of the curriculum at the $21,000 Jack Welch Institute?