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Showing posts with label Self Help. Show all posts
Showing posts with label Self Help. Show all posts

Winning - Jack Welch

If you judge books by their covers, Jack Welch's Winning certainly grabs your attention. Testimonials on the back come from none other than Warren Buffett, Bill Gates, Rudy Giuliani, and Tom Brokaw, and other praise comes from Fortune, Business Week, and Financial Times. As the legendary retired CEO of General Electric, Welch has won many friends and admirers in high places. In this latest book, he strives to show why. Winning describes the management wisdom that Welch built up through four and a half decades of work at GE, as he transformed the industrial giant from a sleepy "Old Economy" company with a market capitalization of $4 billion to a dynamic new one worth nearly half a trillion dollars.

Welch's first book, Jack: Straight from the Gut, was structured more as a conventional CEO memoir, with stories of early career adventures, deals won and lost, boardroom encounters, and Welch's process and philosophy that helped propel his success as a manager. In Winning, Welch focuses on his actual management techniques. He starts with an overview of cultural values such as candor, differentiation among employees, and inclusion of all voices in decision-making. In the second section he covers issues around one's own company or organization: the importance of hiring, firing, the people management in between, and a few other juicy topics like crisis management. From there, Welch moves into a discussion of competition, and the external factors that can influence a company's success: strategy, budgeting, and mergers and acquisitions. Welch takes a more personal turn later with a focus on individual career issues--how to find the right job, get promoted, and deal with a bad boss--and then a final section on what he calls "Tying Up Loose Ends." Those interested in the human side of great leaders will find this last section especially appealing. In it, Welch answers the most interesting questions that he's received in the last several years while traveling the globe addressing audiences of executives and business-school students. Perhaps the funniest question in this section comes at the very end, posed originally by a businessman in Frankfurt, who queried Welch on whether he thought he'd go to heaven (we won't give away the ending).

While different from the steadier stream of war stories and real-life examples of Welch's first book, Winning is a very worthwhile addition to any management bookshelf. It's not often that a CEO described as the century's best retires, and then chooses to expound on such a wide range of management topics. Also, aside from the commentary on always-relevant issues like employee performance reviews and quality control, Welch suffuses this book with his pugnacious spirit. The Massachusetts native who fought his way to the top of the world's most valuable company was in many ways the embodiment of "Winning," and this spirit alone will provide readers an enjoyable read. --Peter Han

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Jack Welch and the GE way

A recent Fortune poll cited General Electric Company as America's most admired company. Much of the credit went to Jack Welch, GE's chief executive for the past 17 years. During his tenure, GE's revenues and profits have grown enormously. Its share price has soared, making GE the world's most valuable company. And the key to GE's success, according to Jack Welch and the GE Way, is Welch's fanatical devotion to a personal philosophy of leadership. Author Robert Slater has made a growth industry of his own out of Welch, penning two previous books on him, The New GE in 1992 and Get Better or Get Beaten! two years later. The same territory was plowed in 1993 by Noel M. Tichy and Stratford Sherman in Control Your Destiny or Someone Else Will.

In this book, Slater draws extensively on Welch's own words to deliver his now familiar message: keep it simple; face reality; embrace change; fight bureaucracy. Bromides these may be, but Slater's account of Welch's fierce efforts to lead a global, multifarious organization of 270,000 people does inspire admiration, even if it does not enable emulation. The book provides fresh insights into GE's shift toward service businesses, as with its takeover and transformation of NBC. Most timely are Welch's closing thoughts on trends in the global economy. Jack Welch and the GE Way is a must for the legions of "Welch-heads" out there and for anyone else interested in this brilliant leader's perspective on the future of business. --Barry Mitzman

From Publishers Weekly
Slater has written two previous books on General Electric chairman and CEO Jack Welch (The New GE, 1992; Get Better or Get Beaten!, 1994), so readers might wonder whether hard-driving Welch, stoic pioneer of downsizing, has anything new to add. Slater does not disappoint in this conversationally written, solid manual that, despite its promotional hype and adulatory tone, distills Welch's business philosophy?an amalgam of Zen-like axioms, bromides and tough-minded pragmatism?in a way that will reward managers at all levels who seek to create a learning environment and transform learning into action. Companies would do well to heed Welch's advice on how to foster an open-ended, informal work atmosphere that will encourage employees to speak out, breaking down the walls of hostility between managers and subordinates. Interweaving snippets of interviews with Welch, Slater (biographer of investor George Soros) competently traces GE's transition from manufacturing to a service-oriented enterprise, its takeover and turnaround of NBC, its expansion into financial services and overseas markets. Editor, Jeffrey Krames; agent, Chris Calhoun at Sterling Lord Literistic.
Copyright 1998 Reed Business Information, Inc.

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29 Leadership Skills by Jack Welch

Here's a quick read on the leadership principles of the former GE CEO who's often considered one of the 20th century's greatest business leaders. Though his reputation has been somewhat tarnished by his opulent retirement package as well as a messy divorce, his "GE Way" of management is still highly regarded. Slater, a long-time Welch watcher, offers an abridged version of his 2001 Welch tome, Get Better or Get Beaten. This version is perfect for airport reading, though it delivers little of the struggles and setbacks that must have helped form the backbone of Welch's wisdom. Instead we get the platitudes, presented in 29 highly formatted and easy-to-grab chapters. All the instruction is self-evident, told in tiny anecdotes, and followed by a set of "Welch Rules" ("Get the most out of your employees"; "Promote the three 'S's': speed, simplicity, and self-confidence"). There's food for thought here, but not very much of it. This volume's selling point-its brevity-is also its downfall: it feels too much like leadership lite.

Copyright 2002 Reed Business Information, Inc.

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Eight Steps to Highly Effective Next Generation

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Dealing With Difficult People 24 Lessons For Bringing Out The Best In Everyone - MH

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Endurance Winning Lifes Majors the Phil Mickelson Way

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Perfect Phrases for Setting Performance Goals

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Inside the Minds of Winners Charles Burke

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The 8 Point Check-Up - Mental Maintenance

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Top 101 Experts That Help Us Improve Our Lives

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Who Am I? - A Book That Will Change Your Life

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Procrastinators Guide to Success

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Without Embarrassment the social cowards totally fearless seductions

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Presenting to Win The Art of Telling Your Story

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