In what is the most anticipated book on business management for our time, Jack Welch surveys the landscape of his career running one of the world's largest and most successful corporations.

Author: Jack Welch

Publisher: Hachette UK

ISBN: 9780759509214

Category: Business & Economics

Page: 496

View: 849

The most widely respected CEO in America looks back on his brilliant career at General Electric and reveals his personal business philosophy and unique managerial style. Nearly 20 years ago, former General Electric CEO Reg Jones walked into Jack Welch's office and wrapped him in a bear hug. "Congratulations, Mr. Chairman," said Reg. It was a defining moment for American business. So begins the story of a self-made man and a self-described rebel who thrived in one of the most volatile and economically robust eras in U.S. history, while managing to maintain a unique leadership style. In what is the most anticipated book on business management for our time, Jack Welch surveys the landscape of his career running one of the world's largest and most successful corporations.
Categories: Business & Economics

Summary Jack Straight from the Gut

Summary  Jack  Straight from the Gut

The must-read summary of Jack Welch and John Byrne's book: "Jack: Straight from the Gut, The Autobiography".

Author: BusinessNews Publishing

Publisher: Primento

ISBN: 9782806233448

Category: Business & Economics

Page: 10

View: 684

The must-read summary of Jack Welch and John Byrne's book: "Jack: Straight from the Gut, The Autobiography". This complete summary of the ideas from Jack Welch and John Byrne's book "Jack" shows that Jack Welch joined General Electric in 1960. From 1981 to 2001, he served as chairman and CEO of the company . In his book, he takes the reader through his enormously successful career, identifying his successes, his philosophy for leading a company and how to deal with the roadblocks. Welch was always openly ambitious: after only four years in the company he lobbied to take on a $10 million budget. At 32, he was the company’s youngest general manager: in that role, he became known for encouraging debate and not tolerating protocol. When he became CEO, he began to build a philosophy that the company had previously been lacking: every aspect of the business that wasn’t fulfilling its potential must be fixed, sold or closed. Welch sees this time as him "throwing hand grenades", trying to blow up traditions that were holding the company back. He also put into place a radical HR system that put employees into category A, B, or C: "A" showed potential leadership, "B" was people who got the job done, and "C" was for procrastinators. Added-value of this summary: • Save time • Understand key concepts • Increase your business knowledge To learn more, read "Jack: Straight From the Gut" and discover an utterly engrossing insight into a man with vision, passion and practical know-how.
Categories: Business & Economics



"I work from the gut a lot," says Eckroth, inadvertently referencing Welch's recent autobiography, jack: Straight from the Gut. "I make decisions using the 80-20 rule, and I like to move aggressively." It wasn't the promise of Barbies ...





Page: 128

View: 443


The Man Who Broke Capitalism

The Man Who Broke Capitalism

How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy David Gelles. 40 “A CEO's primary social responsibility”: Welch, Byrne, Jack: Straight from the Gut, 382.

Author: David Gelles

Publisher: Simon and Schuster

ISBN: 9781982176433

Category: Business & Economics

Page: 272

View: 524

New York Times Bestseller New York Times reporter and “Corner Office” columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that’s wrong with capitalism today and offers advice on how we might right those wrongs. In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch’s achievements didn’t stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE’s stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day. Gelles chronicles Welch’s campaign to vaporize hundreds of thousands of jobs in a bid to boost profits, eviscerating the country’s manufacturing base and destabilizing the middle class. Welch’s obsession with downsizing—he eliminated 10% of employees every year—fundamentally altered GE and inspired generations of imitators who have employed his strategies at other companies around the globe. In his day, Welch was corporate America’s leading proponent of mergers and acquisitions, using deals to gobble up competitors and giving rise to an economy that is more concentrated and less dynamic. And Welch pioneered the dark arts of “financialization,” transforming GE from an admired industrial manufacturer into what was effectively an unregulated bank. The finance business was hugely profitable in the short term and helped Welch keep GE’s stock price ticking up. But ultimately, financialization undermined GE and dozens of other Fortune 500 companies. Gelles shows how Welch’s celebrated emphasis on increasing shareholder value by any means necessary (layoffs, outsourcing, offshoring, acquisitions, and buybacks, to name but a few tactics) became the norm in American business generally. He demonstrates how that approach has led to the greatest socioeconomic inequality since the Great Depression and harmed many of the very companies that have embraced it. And he shows how a generation of Welch acolytes radically transformed companies like Boeing, Home Depot, Kraft Heinz, and more. Finally, Gelles chronicles the change that is now afoot in corporate America, highlighting companies and leaders who have abandoned Welchism and are proving that it is still possible to excel in the business world without destroying livelihoods, gutting communities, and spurning regulation.
Categories: Business & Economics

Power Failure

Power Failure

1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 11 1 2 3 4 CHAPTER EIGHT: THE BRASS RING “Bless his heart”: Jack Welch with John A. Byrne, Jack: Straight from the Gut (New York: Warner Books, 2001), 85. 5 “That sure made it easy”: Welch with ...

Author: William D. Cohan

Publisher: Random House

ISBN: 9780241408797

Category: Business & Economics

Page: 491

View: 909

A magisterial history of the astounding rise - and unimaginable fall - of America's most iconic corporation Perhaps no company reflects American ingenuity, innovation, and industrial fortunes as well as the iconic General Electric Company. Producing storied leaders and almost every product imaginable, GE built a cult of success that hid cracks in its foundation. In this masterful history, William D. Cohan, one of America's most pre-eminent financial journalists, argues that GE's legacy is both a paragon and a cautionary tale through which to understand twentieth-century America. Power Failure limns the eventful 130-year history of GE, bringing fresh analysis drawn from rare interviews with key figures of the company's golden era, including Jack Welch himself. As Cohan recounts, Welch traded on a sterling legacy to make GE the most valuable and respected company in the world, while cloaking its vulnerabilities. What he handed to his successor Jeffrey Immelt was, Cohan argues, both an impossible standard and a more troubled reality. Tracing the company's leaps and stumbles through the personalities that defined it, Power Failure offers a surprising retelling of the GE story, puncturing the myth we think we know for a fresh look at its legacy - and what it tells us about the state of the financial world.
Categories: Business & Economics

The 5 Paths to Persuasion

The 5 Paths to Persuasion

Guts , Robert A. Lutz ( John Wiley & Sons , 1998 ) . 20. ... “ Jack of His Trade , " New Yorker Online Only , November 5 , 2001 . 22. ... Jack : Straight from the Gut , Jack Welch with John A. Byrne ( Warner Business Books , 2001 ) .

Author: Robert B. Miller

Publisher: Kogan Page Publishers

ISBN: 0749449942

Category: Communication in management

Page: 242

View: 295

To succeed in today's business world of tough and fast decision-makers, how a statement is made can be more important than what it says. Even the best ideas face resistance and rejection, as all too often people make the mistake of focusing solely on the content of their proposal and giving little thought to the way they will deliver it.In a two-year survey, customer research experts Miller and Williams studied 1,700 executives and discovered that good ideas are not enough; to make any sort of impact they must be delivered effectively. They reveal the five different types of decision maker, including Charismatics, Thinkers, Sceptics, Followers, and Controllers and show how to best sell ideas to each.Whether it be a proposal or a business plan, The 5 Paths to Persuasion unlocks the secrets of persuasion necessary to present any kind of idea successfully.
Categories: Communication in management

The Secret to GE s Success

The Secret to GE s Success

Welch, Jack: Straight from the Gut, page 233. 9. Fortune, February 21, 1994, page 84. 10. Welch, Jack: Straight from the Gut, page 247. 11. GE 2000 annual report. 12. Welch, Jack: Straight from the Gut, page 219. 13.

Author: William E. Rothschild

Publisher: McGraw Hill Professional

ISBN: 9780071475938

Category: Business & Economics

Page: 625

View: 815

Learn why GE has always had the bestinventors, the best strategic planners, andthe best results William Rothschild, who witnessed GE’s revolutionfirsthand, explains the five keys that madeGE a global phenomenon—and gives managers a completetoolkit for duplicating its remarkable success. Heexplains the GE Code—the hallmark of all GE leadershipteams—and provides a far-ranging prescriptiveplan for strategizing the GE way.
Categories: Business & Economics



Jack Welch WHY READ IT? Jack: Straight from the Gut outlines what made former General Electric C.E.O. Jack Welch successful. It explores the lessons he learned from leading. Without technical performance models, Welch knew “from his ...

Author: Bloomsbury Publishing

Publisher: A&C Black

ISBN: 9781408156469

Category: Business & Economics

Page: 1632

View: 549

An international bestseller, BUSINESS: The Ultimate Resource is a one-stop reference and interactive tool covering all aspects of today's world of work. Unique, authoritative, and wide-ranging, it offers practical and strategic advice for anyone doing business today. Written with a team of world-class writers and editors, it is an essential desk reference for managers, MBA and business students and for small business owners worldwide. Fully updated and revised for this new edition, BUSINESS features: Best Practice: over 170 essays from a stellar cast of business thought leaders including C. K. Prahalad, Gary Hamel and John Kotter Actionlists: practical solutions to everyday business challenges Management Library: time-saving digests of more than 100 of the world's best business books Dictionary: jargon-free definitions of more than 7,000 terms Giants : revised biographies of many of the world's most influential gurus and pioneers
Categories: Business & Economics

Blue Eyed Salaryman

Blue Eyed Salaryman

He reads books about Jack and he is waiting for Jack's memoirs to be published,Straight from the Gut, where, among other things, Jack writes about how his Irish mother inspired him to become the CEO of General Electric.

Author: Niall Murtagh

Publisher: Profile Books

ISBN: 9781847656889

Category: Biography & Autobiography

Page: 240

View: 903

Why on earth would anyone give up a life on the open road for the regimen of a vast Japanese conglomerate? And is it really so different in Japan from everywhere else? Niall Murtagh spent years as a world traveller - hitchhiking to Istanbul, bussing to Kathmandu and crossing the Atlantic in a home-built yacht. In 1986 he closed the door on his adventurous life and settled down in Japan, eventually joining Mitsubishi as a Salaryman - a man in a shiny suit with a shiny attache case in a conglomerate with 100,000 employees. And what happens when you give up the Salaryman life? The book follows life after the corporation, giving fresh perspectives on the nature of Japanese business culture and the problems faced by outsiders in Japan.
Categories: Biography & Autobiography

Testosterone Inc

Testosterone Inc

Jack: Straight from the Gut is not the story of a man's life and career; it is simply a work in progress by a man engaged in the serial reediting of his personal failures. It is bereft of either remorse or shame at the chasm between his ...

Author: Christopher M. Byron

Publisher: John Wiley & Sons

ISBN: 9780471706236

Category: Business & Economics

Page: 416

View: 518

In Testosterone Inc.: Tales of CEOs Gone Wild, bestselling author and New York Post columnist Chris Byron chronicles the Gatsby-like saga of the rise and fall of the celebrity CEO. During the height of the 1990s bull market, they were America’s new heroes: the heroes of business. They were our bold new leaders, cutting the fat, pushing for productivity, implementing visionary plans, and making strategic deals. When the bull market turned to bust and the applause turned to cat-calls, the world was shocked at the truth. Drenched in money and public acclaim, our CEO-heroes—mostly white, mostly male, mostly middle-aged—turned out to be not much different than a group of twenty-something rock stars—drunk on power and driven by sex, greed, and glamour. Testosterone Inc. goes behind the boardroom doors to show the serial affairs and marriages of these acquisitive corporate titans. At the center of this story is Jack Welch, the biggest of America’s rock star CEOs and the former head of General Electric Co., surrounded by “mini-me” CEOs Ron Perelman of Revlon, Al Dunlap of Sunbeam, and Dennis Kozlowski of Tyco—all gone wild in public displays of consumption and predatory appetites writ large. Byron gets inside the bars where Welch liked to hang out and pick up women with his early “business soul mate” buddies. Byron hovers unseen at the elbow of Ron Perelman and his mistress aboard the Concorde for a week in Paris in his mistaken belief that his wife knows nothing about his secret affair. Byron peeks behind the curtains of a U.S. Army officers’ quarters to behold Al Dunlap horrifying his first wife, who claimed in her divorce action that Dunlap would point his knife at her and say, “I often wondered what human flesh tasted like.” Byron becomes a fly on the wall to chronicle the longing for respect and serial womanizing of Dennis Kozlowski. Frequently hilarious, sometimes heartbreaking, Testosterone Inc. follows the intertwined lives of these four corporate heroes, from childhood to their ultimate moments of glory and the crash-and-burn calamities that followed, as man’s age-old hunger for power, greed, and temptation undid them all. From suicide to murder, from dysfunctional childhoods to dysfunctional marriages in adulthood, from business chutzpah to financial suicide, here is the ultimate untold business story of our time: what went on at century’s end, when testosterone got the best of businessmen everywhere, and CEOs went wild.
Categories: Business & Economics