Jack Straight From The Gut.

Jack Welch & John A Byrne



Jack Welch is perhaps the greatest corporate leader of the 20th century. When he first became CEO of General Electric in 1981 the company was worth $12 billion. Twenty years later it is worth a total of $280 billion. But Welch was more than just the leader of the most successful business in the world.

He revolutionised GE's entire corporate culture with his distinctive, highly personal management style: the individual appreciation of each of his 500 managers, the commitment to an informal but driven work style and the encouragement of candour were all part of the Welch approach. Following John Harvey Jones's MAKING IT HAPPEN and TROUBLESHOOTER, JACK has already become the businessman's bible for the 21st century - an inspiration for a new generation of corporate players.

What will you learn from this book

  1. Leadership Style: Welch emphasizes the importance of strong leadership. He believes in empowering employees, fostering a culture of candor, and making tough decisions for the benefit of the company.

  2. Candor and Open Communication: Welch values open communication within an organization. He encourages honest feedback and believes that a culture of candor is essential for success.

  3. Focus on People: Welch stresses the significance of investing in people. He advocates for identifying and developing talent, creating a high-performance culture, and removing underperformers.

  4. Speed and Simplicity: The importance of acting quickly and simplifying processes is highlighted. Welch believes in making decisions swiftly and avoiding unnecessary bureaucracy.

  5. Boundarylessness: Welch promotes breaking down organizational boundaries to encourage collaboration and the free flow of ideas. This involves creating an environment where information can be easily shared across departments.

  6. Globalization: The book discusses the challenges and opportunities of operating in a globalized business environment. Welch shares insights into how GE navigated international markets and adapted to diverse cultures.

  7. Innovation and Change: Welch underscores the need for continuous innovation and a willingness to embrace change. He discusses how GE adapted to emerging technologies and market dynamics during his tenure.

  8. Financial Discipline: Welch emphasizes the importance of financial discipline in managing a successful business. This involves making tough decisions, cutting costs when necessary, and focusing on profitability.

  9. Six Sigma: Welch introduces the Six Sigma methodology, a set of techniques and tools for process improvement. He discusses how implementing Six Sigma at GE helped enhance efficiency and quality.

  10. Legacy: The book provides insights into Welch's legacy at GE. While he led the company to significant success, he also faced criticism for his management style, particularly relating to layoffs and employee evaluations.

Language English
ISBN-10 9780755311286
ISBN-13 9780755311286
No of pages 480
Font Size Medium
Book Publisher Headline Book Publishing
Published Date 06 Oct 2003

About Author

Author : Jack Welch & John A Byrne

2 Books

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