Special report - Jack [Welch].
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Special report - Jack [Welch]. by John A. Byrne

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Published .
Written in English


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ID Numbers
Open LibraryOL17553531M

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John W. Welch is the Robert K. Thomas Professor of Law at Brigham Young University, and was for 27 years editor-in-chief of BYU Studies, the premier Latter-day Saint scholarly practiced law in Los Angeles with O’Melveny & Myers, at which time he founded the Foundation for Ancient Research and Mormon Studies (FARMS). Jack Welch as a Communicator “Be candid with everyone.” – Jack Welch. (BrainyQuote) Jack Welch seems to almost have an obsession with the word candor; he adamantly believes that candor is “the biggest little secret in business.” (Welch, ) Jack believes that there are three main reason that candor is so pivotal in organizations. The story starts with the legendary chairman Jack Welch who set out transforming the company and become a byword for managerial excellence. However hidden under the success story is another one of shady accounting practices, labyrinths of financial deals and opaque structures which were used to maintain the myth of almost infinite s:   The Ultimate Business How-To Book. Jack Welch knows how to win. When he retired from General Electric (GE) in , he received history’s biggest bonus of million dollars. The reason? In his 20 years as CEO, he grew the company from $ 12 to $ billion which also earned him a justified bonus of nearly half a billion dollars.

A Money Book Summary Winning, by Jack Welch (with Suzy Welch), pp. Fortune called Jack Welch "manager of the century." Businessweek called him "an icon of American business." Warren Buffett says of Winning: "No other management book will ever be needed." That's some hefty praise from high places. Several reasons the book is so great. Jack Welch was iconoclastic from the beginning. His parents had difficulty conceiving, and he was their only child. His father, "Big Jack," was 31 when Jack was born on Novem Big Jack worked as a railroad conductor on the Boston & Maine commuter line between Boston and Newburyport, and never missed a day of work.   Winning: The Ultimate Business How-To Book by Jack and Suzy Welch is a book about how to succeed in business the Jack Welch way. The book offers advice for your career from Jack’s experience. Jack Welch was the famed GE CEO that come up from the ranks at GE. Welch’s tenor as CEO was from – Winning-- by Jack Welch Welch spent forty years at General Electric, leading the company to year-after-year success around the globe, in multiple markets, and against brutal competition. This book is his frank and honest story of how his "be-the-best" style of management became the gold standard in business, with his relentless focus on people.

Reading Jack Welch’s book it is clear that he is aware of his failings and has done his utmost to overcome them. Peter Drucker, who observed Jack Welch, commented on Welch’s ability to actively listen. Whilst I am unaware of what personal development work Welch has undertaken one can assume he has learnt much from. the very words, terms, and phrases used most often by Jack Welch, in all, could become the basis for a management book. Of course, I have more than a passing interest in Jack Welch. Having spent a decade studying all things Welch and after editing four books on GE’s CEO and the learning culture he . Winning describes the management wisdom that Welch built up through four and a half decades of work at GE, as he transformed the industrial giant from a sleepy "Old Economy" company with a market capitalization of $4 billion to a dynamic new one worth nearly half a trillion 's first book, Jack: Straight from the Gut, was structured. Jack Welch was a “Jack” of all trades. During his year tenure as the CEO of General Electric (NYSE: GE), he grew profits from $ billion to over $15 billion and increased GE’s market valuation by a factor of 30 from around $14 billion to over $ billion.