The Welch Way

Jeffrey A Krames

Physical

Available

The Welch Way is the first book written specifically to help employees infuse their careers with the actions and success strategies of business icon Jack Welch. This accessible, fast-paced book draws on Welch's career to explain how workers can follow the proven Welch model. Jack Welch transformed GE into the world's valuable corporation-and became one of history's most admired and? successful CEOs-by cutting through bureaucratic noise and letting hands-on, frontline employees tell him what needed to be done. The Welch Way shows you how to work the Welch magic in your career and reach new heights in today's wide-open, idea-driven workplace.

What will you learn from this book

  1. Boundarylessness: Welch promoted the idea of breaking down organizational barriers to foster collaboration and communication across departments, emphasizing a more open and flexible working environment.

  2. Speed and Simplicity: Encouraged a culture of speed and simplicity, Welch believed in making decisions quickly, avoiding bureaucracy, and simplifying processes to enhance efficiency.

  3. Candor and Transparency: Welch emphasized the importance of open communication and honesty within an organization. He believed in creating an environment where employees felt comfortable sharing their opinions and ideas.

  4. Globalization: Recognizing the importance of a global perspective, Welch led GE's expansion into international markets, emphasizing the need for businesses to think globally and act locally.

  5. Leadership Development: Welch prioritized the development of leaders within the organization, focusing on grooming talent from within and creating a robust leadership pipeline.

  6. Fix, Close, or Sell: Welch advocated for assessing business units and making tough decisions about whether to fix, close, or sell them based on their strategic alignment and performance.

  7. Energizing the Workforce: A charismatic leader, Welch knew the importance of motivating and energizing the workforce. He encouraged a positive and dynamic organizational culture.

  8. Six Sigma: Welch introduced and popularized the Six Sigma quality improvement methodology at GE, emphasizing a data-driven approach to process improvement and efficiency.

  9. Welch's 4E's of Leadership: Welch identified four key traits for effective leadership: Energy, Energize, Edge (the ability to make tough decisions), and Execute (the ability to deliver on promises).

  10. Continuous Learning: Welch was a strong proponent of continuous learning and adapting to change. He encouraged a culture of curiosity and innovation within the organization.

Language English
ISBN-10 0-07-053036-X
ISBN-13 9780070530362
No of pages 52
Font Size Medium
Book Publisher Tata Mcgraw-Hill
Published Date 01 Jan 2002

About Author

Author : Jeffrey A Krames

9 Books

Related Books