Jack Welch Speaks: Wit And Wisdom From The World's Greatest Business Leader, Completely Revised And

Janet Lowe presents in Jack Welch’s own words the insights, visions, and philosophies that have guided Welch throughout his extraordinary career at General Electric and his post-GE life. Called by some one of the leading CEOs of all time, Welch re-invigorated General Electric from an aging electronics manufacturer beset by foreign competitors into a world class company that provided superb returns to investors. In retirement, Welch has emerged as perhaps the most respected voice in the world on matters of corporate management and business success. In this heavily revised and updated edition of Jack Welch Speaks, Janet Lowe intersperses her comments with extensive quotes from Welch on executive compensation, business ethics and other issues that plague corporate America. But most importantly, Lowe finds in Welch’s own words the ideas and values that enabled Welch to transform GE and emerge as the world’s most-lauded CEOs. Part 1: In One Decade: From Letterman to Seinfeld an American Odyssey · Growing Up in Salem · The First to Go to College · Sports Were Everything · Ice Can’t Form on a Swift-Moving Stream · Take This Job and Do It Part 2: Qualities of A Leader: Welch Style · The Challenge: To Be Fair · The Temperament of a Boss · The Thrill of Victory · A Typical Meeting with Chairman Welch · Humor Us Part III: Welch’s World: General Elecric · The Engine Called General Electric · GE: Just an Everyday $163 Billion Family Store · Beyond National Borders. · Hero · The Holy City · GE Jargon · Dirty Diamonds and Other GE Scandals Part III: The Fabric of Leadership · Be a Leader, Not a Manager · No Ideas du Jour · The Trap: Measuring Everything, Understanding Nothing · Don’t Sell Hats to Each Other · Share Information · The Creed · Four Types of Leaders · The Best Mutual Fund in the World Part IV: Welch, The Change Agent · Change Before You Have To · Go for the Leap · Managing Paradox · Productivity: Unlimited Juice in the Lemon Part V: The Hardware Revolution · Putting Money on the Right Gambles · Three Big Circles · Be Number 1 or Number 2: A Concept That Should Be Gone · Flattening the GE Wedding Cake · Downsizing · Honey, I Shrunk GE Part V: The Software Revolution · The Soft Values · Workout · Simplicity · Speed · Self-Confi dence · Labor Unions · A Boundaryless GE · Searching the Planet for the Best Practices · Teamwork · Stretch · Six Sigma Quality · It All Comes Out in the Wash Part VI: Taking Stock · Fail Your Way to Success · Welch’s Critics · The German Point of View · Being a Good Citizen · Work/Life Balance · How Much Is Leadership Worth? · What Made Jack Welch a Success? Part VII: The Rocky Road to Retirement · The Race for Jack’s Job · How the Contenders Have Done · The Honeywell Hustle · Honeywell after GE · GE after Jack Part VIII: The Reinvention of Jack Welch · Falling in Love · Back at Harvard Business Review: A Moral Dilemma · Who Is Suzy? · The Dirty Divorce · Passing Back the Perks · The Wedding · The New Couple · The John F. Welch College of Business · Jack’s New Career Part IX: Summing UP · General Electric and Jack Welch- A Chronology · Endnotes · Permissions