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Acknowledged as the outstanding business leader of the late twentieth century, Jack Welch made General Electric one of the world's most competitive companies. This dynamic CEO defined the standard for organizational change, creating more than $400 billion in shareholder value by transforming a bureaucratic behemoth into a nimble, scrappy winner in the global marketplace.
Here, Tichy and Sherman extract the enduring leadership lessons from the revolution Welch wrought at GE. Of these, the most essential is the limitless power of learning. Leadership has its mysteries, but it is a skill that anyone can acquire and enhance. Above all, great leaders select great people and lure them into an endless process of learning and adaptation.
Jack Welch's Six Rules
Control your destiny or someone else will.Face reality as it is, not as it was, or as you wish it were.Be candid with everyone. Don't manage, lead. Change before you have to.If you don't have a competitive advantage, don't compete. - Sales Rank: #926179 in Books
- Published on: 2005-12-13
- Released on: 2005-04-05
- Original language: English
- Number of items: 1
- Dimensions: 7.99" h x 1.80" w x 5.24" l, 1.23 pounds
- Binding: Paperback
- 720 pages
From Library Journal
Jack Welch is undoubtedly one of the most talked about chief executives in America. Three months apart, two books have appeared about Welch and his mandate to restructure GE in the 1980s. Unlike Robert Slater's The New GE: How Jack Welch Revived an American Institution ( LJ 10/1/92), authors Tichy, a professor and GE consultant, and Sherman, a Fortune reporter, offer a deeper analysis of Welch's leadership practices and philosophies. The authors use the first person singular to signify an insider's (Tichy's) view, which is confusing at first. Furthermore, the addition of the "Handbook for Revolutionaries" (material developed at GE's executive education center in Crotonville, New York) makes Tichy appear to be a Welch convert, and the bias is sometimes too obvious. The repetition of ideas makes reading laborious. However, the authors do a substantial job in presenting the research, which included over 100 hours of interviews with Welch. Recommended for all business libraries.
- Rebecca A. Smith, Harvard Business Sch. Lib.
Copyright 1993 Reed Business Information, Inc.
Review
"Fascinating reading. There is at least as much to be learned here as from reading Peter Drucker, John Kenneth Galbraith, or Michael Porter." -- -- Boston Globe
"IBM. GM. Blow after blow is absorbed by America's recent bellwether firms. At times, only GE seems to be counterpunching--and attacking. Control Your Destiny is an exciting rendition of the Welch revolution. Read it carefully." -- -- Tom Peters, author of Liberation Management
"The first scholarly attempt to pin down the secrets of GE's success. A helpful, clear account...with interesting case studies." -- -- Financial Times
From the Publisher
Jack Welch, CEO of General Electric, has just one goal: to be #1 in EVERY market. Now, his closest adviser shows how his strategy has increased the value of GE's stock fivefold in just over a decade.
Most helpful customer reviews
1 of 3 people found the following review helpful.
Decent read, lessons to be learned.
By frumiousb
This book looks dauntingly thick when you pick it up, but some brief exploration will show that including the interviews only 311 pages are the Jack Welch story-- the rest of the book is Afterword, GE Timeline, GE Shareholder Reports, Bibliography and finally a section meant to be applied to your own business. I suppose that there are readers out there who wanted that level of completeness in their history of GE. I did not. I stopped reading after the afterword.
The book covers GE during the period of Jack Welch's reign. Specifically, it charts his efforts in five major initiatives: Services, Six Sigma, Digitization, Succession, and the Honeywell acquisition.
I found it interesting and readable, although I was left with the feeling (despite the author's best efforts) that these were very difficult achievements to duplicate if you did not happen to be Jack Welch. Although ostensibly a business biography, I still had much more of a feel of personality than facts when I was done. I would have been pleased to have a less broad-ranging treatment which delved a little bit more deeply into some specific numbers and consequences. Although this information might have been contained in the investor reports, I had no patience to page through it and find the information.
2 of 4 people found the following review helpful.
Reads like a fiction with Jack Welch as the Hero
By Jaewoo Kim
Hero worship this book is without shame. Sure, the book calls Jack Welch an "As***le" but it is spoken as a compliment. This highly antagonistic, argumentative, determined, intelligent, and energetic hero is indeed a first class "As***le" without apologies. He is the consummate proof that one needs to be an excellent "As***le" to be considered as a great CEO\manager. If you are one of the nice guys who wants to be gentle, cheerful, and sympathetic to your 80+hr/week working employees, forget it, you can't be a successful manager at GE. You need to be like Jack, and take all the credit for the hard work your underlings, and if any of them complain, you kick their fatass during their review which you are required to cut at least 5% of your staff.
Be a tough, bottom-line demanding, reality driven, confrontation seeking, slave driving, and kick assing manager. Otherwise, you will get your butt kicked by other first class manager\as***les. This is the primary lesson of "Control your destiny or someone else will".
On the business side, I found Jack's view on competitiveness ("if you don't have competitive advantage, don't compete") and productivity (productivity is the engine that drives profitability, job security, competitiveness, and higher pay) quite refreshing.
0 of 1 people found the following review helpful.
Two Stars
By Ramiro
The add said that the book had a signature it wasnt true.
See all 27 customer reviews...
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