3.0 out of 5 stars
Don't forget to check the facts when reporting the lines, 9 Jun 1998
By A Customer
In this book, Janet Lowe attempts to turn Jack Welch into a collection of quotes and with that to define his leadership. Unfortunately, you can't define leadership just by what someone says. But Janet did not take that extra step, to go underneath the surface and find out what the company is really like.Jack has placed a vision in front of the company of what it could be in the future, as opposed to what it is today or has been in the past. It is exactly the difference between this vision and today's reality that makes him a great leader. If we don't talk about this difference, then all of his slogans, lines and quotes become just, well, rhetoric. And it's hard to turn what Welch says into just rhetoric... END
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1 of 2 people found the following review helpful:
5.0 out of 5 stars
Essential reading for anyone in Business., 1 Dec 2000
By A Customer
This review is from: Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor (Hardcover)
Jack Welch speaks is just such an excellent read.Having been handed one of the treasures of American enterprise, he said, he was "afraid of breaking it."
Not only did Welch not break it, but he transformed it as well and multiplied its value beyond anyone's expectations: from a market capitalization of $14 billion to more than $400 billion today. GE is the second-most-valuable company on earth, behind Cisco, and at times during the past few years has been No. 1.
That record is stunning but in itself may not be enough to make someone manager of the century. Welch wins the title because in addition to his transformation of GE, he has made himself far and away the most influential manager of his generation. (Indeed, his only competition would be Alfred P. Sloan, General Motors' chief from 1923 to 1946.As the most widely admired, studied, and imitated CEO of his time, Welch has enriched not only GE's shareholders but also the shareholders of companies around the globe. His total economic impact is impossible to calculate but must be a staggering multiple of his GE performance.
Warren Buffett speaks is also invaluable for investors.The performance of Berkshire Hathaway speaks for itself (the company's annual rate of return to investors--an astounding 33% since 1982).
Overall these books are well written,excellent reads and above all, exceptionally educational.
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4.0 out of 5 stars
Topical business strategist's approach to managing., 27 July 1998
By A Customer
Welch took a dwindling mega-concern and reenergized it with some common sensical approaches. He may not be the boss you want to work for, but he's the guy you want running your comapny if you're a shareholder.
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