Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO

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9780070581043: Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO

Behind the scenes with the legendary CEO

Jack Welch’s innovative leadership strategies revived a lagging GE, transforming it into a powerhouse with a staggering $300 billion-plus market capitalization. In writing Jack Welch and the GE Way, author Robert Slater was given unprecedented access to Welch and other prominent GE insiders. What emerged is a brilliant portrait that tells you what makes Jack Welch tick. Learn how to work the Welch magic on your own company as you find out how he dismantled the boundaries between management layers, between engineers and marketers, between GE and its customers to streamline the process of getting products and services to market.

Get details on Welch’s far-reaching Six Sigma quality initiative, and discover how its principles and standards can save billions of dollars...how and why he has made GE a truly global company (and why you must think global as well)...and all the other Welch "midas touch" strategies you can put to work in your organization, at every level!

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Review:

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 the Back Cover:

Get inside the mind of Jack Welch, GE's bold innovator.

"Jack Welch is a genius at making all who work for him raise the level of their game. We've had some friendly differences but we always find common ground; I think he's the smartest boss I've ever had and he signs my pay checks!"

­­Tom Brokaw, Anchor and Managing Editor "NBC Nightly News with Tom Brokaw".

"If leadership is an art, then surely Welch has proved himself a master painter."

­­BusinessWeek on Jack Welch.

Jack Welch doesn't believe in sitting still. His innovative, breakthrough leadership strategies as CEO have transformed GE into a highly productive, labor-efficient powerhouse­­with a staggering $200 billion-plus market capitalization. Now, at long last, senior managers and other executives can discover how to work the Welch magic on their own companies.

"Act like a leader, not a manager." Jack Welch and the GE Way reveals the strategies and secrets that have led to Jack Welch's stunning success. Veteran international business journalist Robert Slater, given unprecedented access to Welch and other prominent GE insiders, has crafted a brilliant portrait of what makes Jack Welch tick. "Use the brains of every worker." Jack Welch is a man with a mission. Even though he has reached the summit of success, Welch continues to shake the cage­­and GE continues to be the envy of its global competitors. Read Jack Welch and the GE Way, and learn for yourself the insights and strategies that Jack Welch used to create the most valuable corporation in history.

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