Winning (Winning #1)
Jack Welch knows how to win. During his forty-year career at General Electric, he led the company to year-after-year success around the globe, in multiple markets, against brutal competition. His honest, be-the-best style of management became the gold standard in business, with his relentless focus on people, teamwork, and profits.
Since Welch retired in 2001 as chairman an...more
2) The top 20% usually do a great job of managing their work-life balance because they've learned to cultivate relationships, budget time, set boundaries and absorb surprises. Crisis at home seldom spills over to work. By contrast, the other 80% usually have trouble keeping things in check because they lack these skills or cannot seem to translate them from one environment to the other.
3) Avoid people/weed out people who think/talk/act like victims. A ...more
This is a very down to earth book; with lots of advices that are sensible and convincing. Also, this book is suitable for even job-starters. In fact, I think it is particularly valuable for our kids because it prepare them for what the real world looks like and what they should do in order to succeed (not just to climb the corporate ladder but to achieve job satisfaction).
For instance, it points out quite a number of key problems with most Chinese companies: no ...more
Have a positive attitude and spread it around, never let yourself be a victim, and for goodness' sake -- have fun.
MISSION AND VALUES
Effective mission statements balance the possible and the impossible.
Setting the mission is top management's responsibility. A mission cannot be delegated to anyone except the people ultimately held accountable for it.
Example Value Statement: "We treat customers the way we would want to be treated" translates into:
*** Give customers a good, fair dea ...more
Welch managed GE in an era where American manufacturing led the ...more
It's been a couple years, so I won't go into many specifics of the contents. If that's what you're looking for, I'm sure you can find more helpful reviews, or better yet, j ...more
كتاب ممتاز ، اعتبره قلب قسم إدارة الموارد البشرية ، فيه بعض النصائح والإرشادات عن تقييم الوضع الحالي و المستقبلي للموظف
مال الكاتب إلى تضخيم أهميه وظيفية إدارة الموارد البشريه في قيادة الشركة ، مما أتوقع انه ليس واقعيا، حبيت ال ...more
It’s written clearly and simply it's not filled with "the same old stuff". Even the principles you've heard before are presented through his own interesting experiences.
Unlike many other authors who can be somewhat academic. Welch talks a lot about ethics and the need to win fairly while maintaining high ethical standards. He has a ...more
This book covers all the topics that management have to concern, starting from how to set corporate vision and values, candor as the best ...more
I say Jack because I felt almo ...more
If you get the audiobook, keep in mind that this is narrated by Jack Welch. In full Bostonian accent. However, it adds a certain rawness and grit to a business book that really gives it nice dimension.
I'm a pretty big Jack Welch fan, but there are some down points. I feel that Six Sigma is a flawed methodology, a p ...more
Even at the times when I felt that ...more
My favorite part was the bit about building trust in the organization through candor. In social life we've learned to be polite, not be critical of others, etc. In business you have to be honest, direct, and straight-forward with people, especially when you have critical feedback for them. In a word, ...more
It was in 2006 when I first read this book, taking pages and pages of personal notes at the time. Today, I've passed through those notes (22 pages of personal notes in total -- I could not believe myself for those fabulous notes). In addition, I've made some partial read ...more
2. Mismatch between mission statement and business- Enron Auditing vs Enron Consultancy
3.The GE Work-Out!!
4.Divide every organization into the top 20, middle 70 & bottom 10 percent. Treat the stars well- heavy bonuses, fat compensation & benefits, but let them stay grounded. Motivate the middle 70 percent to improve- they are your backbone and indispensable. Work towards slowly replacing the bottom 10.
5.The best place to be bos ...more
After completing an MBA, I feel like all business students should read this book. He hits so many good business concepts right on the head. However, it's not just a book for business leaders, as some of my favorite chapters were about how to manage your own career and enjoy your job.
He breaks the book down into:
i think this book would be of particular value to executives in a corporate setting but many of his tenets will translate to (and challenge) smaller business owners as well.
"Despite all the flags on First Avenue, there are no nations any more. Only companies. lnternational companies. lt's where we are. lt's what we are" - Kuman-Kuman from scene of "The Interpreter"
Anyway, the book won me over, I have to admit. Specifically, I found his advice and experience to be relevant and clearly presented -- accessible, even tho ...more
The former Chief executive at General Electric alongside the one-time Harvard Bus ...more
I found him to be a very caring leader but also at the same time a very serious businessman. It’s true, he was known for cutting out the weak or laggards throughout his long tenure. Even though he didn't try to hide the fact that he was st ...more
-My bosses cautioned me about my candor. Now that my GE career is over, I'm telling you that it was my candor that helped make it work. It just felt natural to speak openly, argue and debate, and get things to happen fast.
-What leaders do: -relentless ...more
1) Candor gets more people in the conversation, and when you get more people in the conversation, to state the obvious,, you get idea rich. By that, I mean any more ideas get surfaced, discussed, pulled apart, and improved. Instead of everyone shutting down, everyone opens up and learns.
2) Candor generates speed. When ideas are in everyone's face, they can be debated rapidly, expanded and enhanced, and acted upon.
3) Candor cuts costs - lots - although you'll never be able to pu ...more