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


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

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

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Manufacturer: McGraw-Hill
Author: Robert Slater
Binding: Hardcover
Publication Date: 1998-07-31
Publisher: McGraw-Hill
Label: McGraw-Hill
Number Of Pages: 328
Features:


Editorial Review:
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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Customer Reviews
Average Customer Rating: 3.5

A Good Book But I Prefer Jack's Own 2005-12-24
I bought this book before reading Jack's "Straight from the Gut". When I read this book I thought it was 5 stars and I re-read this book at least once looking for clues to help my own business. Then I read Jack's book and realized his was better. In any case this covers all the basic aspects of Jack's methods including the educational meetings at the GE "university", cleaning house, picking winning companies, eliminating small market share companies, and promoting top performers and eliminating underperformers. It shows how he is hands on.

Good if you want to read two books on Jack Welch.


Disappointing 2005-06-07
When I read a book I expect to learn something I don't already know or at least revisit something I already know from a new perspective or explain it in a uniquely articulate way. This book fails on all three measures. Walsh shares no secret insights -- he only discusses his introduction of a number of standard business practices to GE. This include 6-Sigma, downsizing, A-B-C rating of managers, etc. -- The usual mix of management science, art and business fad typical in pop management books. And even the discussions of how these management tools were implemented at GE is filled with extrainious details about the meetings at which these policies were introduced and other non-value added story telling. This only leads me to believe that it was added as filler to get the page count up to the size required for a book.

For all of Jack Welsh's insistence that his business units be 1st or 2nd in a market it is pure hypocrisy for him to be publishing this book. Your time and money is better spent reading Peter Drucker.


Author Paid By The Word 2004-04-06
Good overview of the Jack Welch way, including a variety of innovative business ideas that brought GE forward.

However, as a book goes, it would appear the author was paid by the word. Each of the "secrets" is presented, reviewed, repeated, and presented again in a 300+ page book that would better be summarized in about 20. I kept reading after the first two chapters thinking I would learn somthing new, but honestly, save your money, read chapter one at the library, and go home with just as much insight.

To the publisher, I'd recommed an "executive summary" version for the next edition.


Obsolete 2003-02-20
This book has some nuggets but you do have to overcome some meandering. The author jumps from format to format sometimes turning the book into a Jack Welch biography and at other times acting as if the book were a serious business analysis of GE and the changes Welch brought. It fails as a biography and the business analysis is lightweight at best. It's not clear what this book is trying to deliver but what I got out of it were a cursory understanding of the challenges that GE faced and some sense of why Jack Welch succeeded. Now that Jack Welch is retired and has an autobiography "Straight from the Gut" this book is almost obsolete.


Fools Gold 2002-03-22
Applying some of the concepts of Mr. Welch's philosophy helped to facilitate operational improvement in my team that earned a distinguished company award. I was so enthralled that I purchased a GE fridge, and convinced my in-laws to do the same even though another brand of fridge lasted tham almost 30 years. Less than 5 years and thousands of dollars later, neither GE fridge is operational. The GE Way -- admire the brilliance, but stay away from the products.