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Product Description
Product Description
When Jack Welch became Chief Executive Officer of General Electric in 1981, the company was quickly approaching the grim fate that has overtaken GM, IBM, Sears and so many other blue-chip American corporations. Decades of bureaucracy had produced piles of red tape, unnecessary paperwork, muffled chains of command, and a culture that rewarded loyalty regardless of performance. Welch sold superfluous businesses, cut out layers of management, and pushed decisionmaking as far down the corporate ladder as possible, giving GE the quickness of a small business while retaining the advantages inherent in one of the ten largest companies in the world. Finally, he began reshaping the culture from one of complacency to one of bold innovation. In the process he revolutionized the art of management and led the most sucessful corporate transformation of all time. The books draws on the authors' years of work in and around General Electric and their unprecedented access to the CEO, Jack Welch, and many other GE employees. It is a dramatic narration of watershed events in the history of the business it offers many practical insights that apply to enterprises of any size, and defines a new paradigm for American business in the 1990s and beyond.
--This text refers to an out of print or unavailable edition of this title.
From the Back Cover
When Jack Welch became CEO of General Electric in 1981, the company was heading towards the same grim fate that had overtaken so many others. Until, that is, Welch set about a revolutionary restructuring programme which was to see GE's share price leap to five times its former level in the biggest, most successful corporate transformation of all time. Drawing on the author's unprecedented access to Welch and GE employees at all levels, 'Control Your Destiny or Someone Else Will' distills the wisdom to be derived from GE's experience into a blueprint for success.
The six rules Jack Welch lives by:
• 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
‘The first scholarly attempt to pin down the secrets of GE's success… a helpful, clear account with interesting case studies.’
THE FINANCIAL TIMES
‘Fascinating… There is at least as much to be learned here as from… Peter Drucker, John Kenneth Galbraith or Michael Porter’
BOSTON GLOBE
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First Sentence
The cult of Jack Welch is so firmly established that it is enlightening to recall how little admired he was during the early 1990s, when Noel Tichy and I were writing the first edition of this book. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
The cult of Jack Welch is so firmly established that it is enlightening to recall how little admired he was during the early 1990s, when Noel Tichy and I were writing the first edition of this book. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
1 of 1 people found the following review helpful
Format:Paperback
This is a marvelously inspring account of a winning business. With an obviously heavy focus on the impact that Welch had, this book does an excellent job of ensuring that the other key players in the saga which was the GE revolution are appropriately recognised.
Written superbly throughout and with interview excerpts and case studies illustrating the widesweeping and sometimes painful changes that the company underwent.
With the complete set of Welches annual letters to shareholders which provide an insight in how he relentlessly pursued his vision and the handbook for revolutionaries providing an indepth understanding on how to implement the ideas of the book.
Whilst it is billed as the unofficial handbook of GE the text here cannot simply be lifted and applied to any scenario, however as a book to stimulate ideas and creative thinking on how to apply yourself and build change within a business, no matter how large or small, this book is unsurpassed.
Written superbly throughout and with interview excerpts and case studies illustrating the widesweeping and sometimes painful changes that the company underwent.
With the complete set of Welches annual letters to shareholders which provide an insight in how he relentlessly pursued his vision and the handbook for revolutionaries providing an indepth understanding on how to implement the ideas of the book.
Whilst it is billed as the unofficial handbook of GE the text here cannot simply be lifted and applied to any scenario, however as a book to stimulate ideas and creative thinking on how to apply yourself and build change within a business, no matter how large or small, this book is unsurpassed.
1 of 1 people found the following review helpful
Format:Paperback
By far one of the best case studies I've ever read. Shows you why Jack Welch is considered by many to be the greatest manager of the 20th century
1 of 1 people found the following review helpful
Format:Paperback
This is still the best case study of an organization under-going radical change. Jack Welch started the process in 1981, , years before re-engineering became popular. And he went far beyond re-engineering, dealing with "soft" human issues when critics were still calling him "Neutron Jack." The business results are incredible -- record profits, sales turnover that more than tripled, and now GE ranks as the most valuable company (by market value) on the NY stock exchange. This book has answers that work, and includes a "Hand Book for Revolution" that helps you apply the lessons to your own business.
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Most Recent Customer Reviews
Change or die
This is a very frank and open look at how one man transformed a bureaucratic behemoth heavily steeped in Taylorism, `MRP' and `Six Sigma' nonsense into a $400 BILLION dollar... Read more
Published 17 months ago by Mr. W. Swales
A must read for those concerned about good business
Noel Tichy and Strat Sherman do a masterful job in presenting the natural genius of Jack Welch's business ideas. When he came to head GE, Welch was a man ahead of his time. Read more
Published on 8 Sep 1997
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