The Welch Way : 24 Lessons from the World's Greatest CEO
Author: Jeffrey A. Krames
List Price: $11.75
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ISBN: 0071387501
Publisher: McGraw-Hill Trade (26 September, 2001)
Sales Rank: 523,162
Average Customer Rating: 3.4 out of 5
Customer Reviews
Rating: 4 out of 5
Insightful!
Jack Welch, the former chairman of General Electric, is still a heroic managerial figure to many businesspeople, and his wisdom has found its way into the book market in many and various ways. Of course, numerous books are available about Six Sigma, the managerial philosophy that Welch made famous. But Six Sigma was only part of Welch's legacy. In this slim guide to the counsel of the man who earned the sobering sobriquet "Neutron Jack," author Jeffrey Krames summarizes Welch's philosophy in 24 leadership principles, followed by brief notes and exercises for training managers. We recommend this admiring condensation of Jack Welch's managerial strategies as an introductory summary which may whet your appetite for a deeper look at Welch's distinctive take on corporate leadership
Rating: 3 out of 5
The Welch Way
Talk about a quick read! This really shouldn't be a book -- it should be a magazine article. The book does provide some valuable insight on how to successfully run an organization, but as short as the book is, it can be somewhat repetitious. Although this is probably a valuable tool and its simplicity can be a virtue, it is too brief to qualify as a bona book. It can easily be read in about 10 minutes.
Rating: 4 out of 5
A Handy Handbook on Welch
The Welch Way authored by Jeffrey Krames is a real handy employee handbook for enhancing corporate performance. I found the book educative and entertaining with easy to use and easy to apply lessons to work life. This short book is different in the sense that it offers profound information and value in the form of 24 lessons from the wisdom of the world's greatest business leader, Jack Welch. No wonder The Business Week aptly describes Welch as 'The Gold standard against which other CEOs are measured'. During his tenure he transformed GE into the global benchmark for corporate leadership, maximizing productivity and labor efficiency.The lessons offer insights into the aspects - Lead Vs Manage, importance of being informal, keep it simple, face reality, embrace change as an opportunity, challenge tradition, fight bureacracy, respect intellect and values, live speed, instill confidence, articulate vision and have fun etc.
The three most important points to pick up are - simplicity, speed and self-confidence.
It is learnt that on the foundations of boundarylessness Welch constructed his learning organisation. The declaration of Welch that 'Six sigma is the most important thing we've ever had - it is better than going to Harvard Business School' is interesting.
Further his 4E's of leadership - Energy, Energize, Edge and Execution inspire any leader. He says speed is everything which keeps business and people young. He declares that Business is about passion, winning, creating new things. Business is about ideas and fun and excitement and celebrations - a superlative perspective indeed !
Jeffrey Krames, Publisher of McGraw-Hill's business books has given a wonderful gist of what Jack Welch has to offer to the corporate world. The book is crisp in rendition and short. An ideal refresher and a handy handbook for all employees.
A must read to reflect and share the wisdom with colleagues.
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