Jack Welch and the GE Way, Management Insights and Leadership Secrets of the Legendary CEO, Robert Slater jack welch, ge way, legendary ceo, learning culture, welch ge, jack welch ge, welch ge way

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Jack Welch and the GE Way

Management Insights and Leadership Secrets of the Legendary CEO

Robert Slater

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Jack Welch and the GE Way
Management Insights and Leadership Secrets of the Legendary CEO
Leadership & Change
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Discontinuous change
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Following are the titles and brief quotes from the Concept Extracts that make up this Concept Book Summary.
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Jack Welch: Embrace Change, Don't Fear It

"Only through change?massive change?could GE win, and Jack Welch firmly believed in winning. "

Jack Welch: Stop Managing, Start Leading

"The less managing someone does, the better off the company."

Jack Welch: Cultivate Managers Who Share Your Vision

"The way to engender enthusiasm is to allow employees far more freedom and far more responsibility."

Jack Welch: Face Reality, Then Act Decisively

"The art of leading comes down to one simple thing: Determining and facing reality?about situations, products, and people?and then acting quickly and decisively on that reality. "

Jack Welch: Be Number One or Number Two in Your Market

"When you're number four or five in a market, you get pneumonia when number one sneezes."

Jack Welch: Don't Focus on the Numbers

"It is absolutely essential for a leader to buy into the company's value scheme and be able to sell those values to everyone else."

Jack Welch: Create a Learning Culture

"This learning culture was reflected in the openness of a company that encouraged an exchange of ideas at virtually every level of the organization."

Jack Welch: Get Rid of Bureacracy Layers

"Welch had a name for his attack upon GE's bureaucracy. He called it?Delayering. "

Jack Welch: Tear Down the Boundaries

"Boundarylessness, for Welch, defines GE: an open, informal company where employees can move swiftly and effortlessly and where they can connect to the outside world just as quickly and effectively."

Three of Jack Welch's Secrets: Speed, Simplicity, and Self-Confidence

"Self-confident leaders produce simple plans, speak simply, and propose big, clear targets."

GE's Work-Out Program Creates Dialogue

"The most appropriate model for Work-Out, one that would help break down the walls of hostility between managers and employees, was the New England town meeting."

Jack Welch: Stretch toward the Impossible

""Stretch" simply means figuring out performance targets that are achievable, reasonable, and then raising sights higher?much higher "

GE's Expansion into the Service Market

"The rate of growth in the service sector is potentially higher than the rate of growth for manufacturing?only so many pieces of industrial equipment can be sold in the world. "

GE and Globalization

"There's almost no expansion globally that isn't fraught with risk. The risk side is long, but the opportunity side is longer."

GE's Quality Campaign

"Six sigma is a measurement of mistakes per one million discreet operations?and applies to all transactions, not just manufacturing. "

To Achieve Quality: Measure, Analyze, Improve, and Control

"GE launched the quality initiative in late 1995 with 200 projects and massive training. It invested $200 million in the initiative and got a return of nearly that much ($170 million) in quality-related savings."

Jack Welch Deals with Ethical Issues

"There are no second chances for those who violate the ethical code."

GE's Management Institute

"Junior executives are given the opportunity?and responsibility, as it is a badge of courage?to point out all sorts of things to their bosses that could improve the company. "

Jack Welch's Advice for the Future

"To remain truly competitive, companies will have to see increases of 8 to 9 percent a year."


This Book Summary contains Concept Extracts from:

Jack Welch and the GE Way
Robert Slater

McGraw Hill Professional Book Group
Copyright (c) 1999 by The McGraw-Hill Companies, Inc.

Biography: Robert Slater has over 25 years of experience with Time, Newsweek, and UPI. He has written a number of bestselling business books, including Ovitz: The Inside Story of Holywood's Most Controversial Powerbroker; Get Better or Get Beaten! 31 Leadership Secrets from Jack Welch; The New GE: How Jack Welch Revived an American Institution; and Soros: The Life, Times, and Trading Secretsof the World's greatest Investor.

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Books at Ismenia Books by: Robert Slater


Leadership & Change
Book Summaries

The 20% Solution Using Rapid Redesign [TM] to Create Tomorrow's Organizations Today | John Cotter|1995
The 21st Century Organization Reinventing Through Reengineering | Warren Bennis, Michael Mische|1995
The 21st Century Supervisor Nine Essential Skills for Frontline Leaders | Brad Humphrey, Jeff Stokes|2000
The 3 Keys to Empowerment Release the Power Within People for Astonishing Results | Ken Blanchard, John Carlos, Alan Randolph|1999
The 500 Year Delta What Happens After What Comes Next | Jim Taylor, Watts Wacker|1997
The 9 Natural Laws of Leadership Warren Blank|1995
Ackoff's Best His Classic Writings on Management | Russell Ackoff|1999
Advancing Women In Business: The Catalyst Guide Best Practices From The Corporate Leaders | Catalyst|1998
The Art of Framing Managing the Language of Leadership | Gail Fairhurst, Robert Sarr|1996
Asia's New Wealth Club Who's Really Who in Twenty-first Century Business: The Top 100 Billionaires in Asia | Geoff Hiscock|2000
At the Helm Business Lessons for Navigating Rough Waters | Peter Isler, Peter Economy|2000
Big Change A Route-Map for Corporate Transformation | Paul Taffinder|1998
The Board Member's Guide to Strategic Planning A Practical Approach to Strengthening Nonprofit Organizations | Fisher Howe|1997
Boards at Work How Corporate Boards Create Competitive Advantage | Ram Charan|1998
Building Leaders How Successful Companies Develop the Next Generation | Jay Conger, Beth Benjamin|1999
Calling a Halt to Mindless Change A Plea for Commonsense Management | John Macdonald|1998
The Case Against ISO 9000 There Is a Better Way to: Improve Your Efficiency, Satisfy Your Customers, Provide Real Quality and Increase Your Revenue! | John Seddon|2000
CEO Succession A Window on How Boards Can Get It Right When Choosing a New Chief Executive | Dennis Carey, Dayton Ogden|2000
Champions of Change How CEOs and Their Companies Are Mastering the Skills of Radical Change | David Nadler|1998
Change the World How Ordinary People Can Accomplish Extraodinary Results | Robert Quinn|2000
Changing the Game Organizational Transformations of the First, Second, and Third Kinds | Eric Flamholtz, Yvonne Randle|1998
Co-Leaders The Power of Great Partnerships | David Heenan, Warren Bennis|1999
Coaching for Growth How to Bring Out the Best In Your Team and Yourself | Peter Bolt|2000
Coaching for Leadership How the World's Greatest Leaders Learn | Marshall Goldsmith, Laurence Lyons, Alyssa Freas|2000
Communicating For Change Connecting the Workplace with the Marketplace | Roger D'Aprix|1996
The Community of the Future Frances Hesselbein, Marshall Goldsmith, Richard Beckhard, Richard Schubert|1998
The Control Theory Manager Combining the Control Theory of William Glasser with the Wisdom of W. Edwards Deming to Explain Both What Quality Is and What Lead-Managers Do to Achieve It | William Glasser|1995
Corporate Cults The Insidious Lure of the All-Consuming Organization | Dave Arnott|2000
The Courageous Follower Standing Up to and for Our Leaders | Ira Chaleff|1998
Crisis & Renewal Meeting the Challenge of Organizational Change | David K Hurst|1995
Deep Change Discovering the Leader Within | Robert Quinn|1996
The Dream Society How the Coming Shift from Information to Imagination Will Transform Your Business | Rolf Jensen|1999
Driving Change How the Best Companies Are Preparing for the 21st Century | Jerry Wind, Jeremy Main|1998
The E-Myth Revisited Why Most Small Businesses Don't Work and What to Do About It | Michael Gerber|1995
The Effective Consultant How to Develop the High Performance Organisation | Paul Mooney|1999
The Effective Executive | Peter Drucker|1985
The Empowered Manager Positive Political Skills at Work | Peter Block|1987
Executive Teams | David Nadler, Janet Spencer|1998
Five Frogs on a Log A CEO's Field Guide to Accelerating the Transition in Mergers, Acquisitions, and Gut Wrenching Change | Mark Feldman, Michael Spratt|1999
Flawed Advice and the Management Trap How Managers Can Know When They're Getting Good Advice and When They're Not | Chris Argyris|2000
Flight of the Buffalo Soaring to Excellence, Learning to Let Employees Lead | James Belasco, Ralph Stayer|1993
Frankenstein's Manager Leadership's Missing Links | Bill McAneny|2000
From Worst to First Behind the Scenes of Continental's Remarkable Comeback | Gordon Bethune|1998
Funky Business Talent Makes Capital Dance | Jonas Ridderstale, Kjell Nordstrom|2000
Fusion Leadership Unlocking the Subtle Forces that Change People and Organizations | Richard Daft, Robert Lengel|1998
Goldilocks on Management 27 Revisionist Fairy Tales for Serious Managers | Gloria Gilbert Mayer, Thomas Mayer|1999
The Good, The Bad, and Your Business Choosing Right When Ethical Dilemmas Pull You Apart | Jeffrey Seglin|2000
Hard Wired Leadership Unleashing the Power of Personality to Become a New Millennium Leader | Roger Pearman|1998
High Flyers Developing the Next Generation of Leaders | Morgan McCall|1998
The High-Value Manager Developing the Core Competencies Your Organization Demands | Florence Stone, Randi Sachs|1995
How to Think Like a CEO The 22 Vital Traits You Need to Be the Person at the Top | Benton|1999
The Human Side of Change A Practical Guide to Organization Redesign | Timothy Galpin|1996
The Hungry Spirit Beyond Capitalism: A Quest for Purpose in the Modern World | Charles Handy|1999
I'd Like the World to Buy a Coke The Life and Leadership of Roberto Goizueta | David Greising|1998
In Search of Excellence in Project Management Successful Practices in High Performance Organizations | Harold Kerzner|1998
The Individualized Corporation A Fundamentally New Approach to Management | Sumantra Ghoshal, Christopher Bartlett|1997
The Inner Work of Leaders Leadership as a Habit of Mind | Barbara Mackoff, Gary Wenet|2001
The Innovator's Dilemma When New Technologies Cause Great Firms to Fail | Clayton Christensen|1997
Jack Welch and the GE Way Management Insights and Leadership Secrets of the Legendary CEO | Robert Slater|1999
Jack Welch Speaks Wisdom from the World's Greatest Business Leader | Janet Lowe|1998
Lasting Change The Shared Values Process That Makes Companies Great | Rob Lebow, William Simon|1997
The Leader of the Future New Visions, Strategies, and Practices for the Next Era | Frances Hesselbein, Marshall Goldsmith, Richard Beckhard|1996
Leader to Leader Enduring Insights on Leadership from the Drucker Foundation's Award-Winning Journal | Frances Hesselbein, Paul Cohen|1999
Leaders Strategies for Taking Charge | Warren Bennis, Burt Nanus|1997
Leadership A to Z A Guide for the Appropriately Ambitious | James O'Toole|1999
Leadership and the New Science Discovering Order in a Chaotic World | Margaret Wheatley|1999
The Leadership Challenge How to Keep Getting Extraordinary Things Done in Organizations | Jim Kouzes, Barry Z Posner|1997
Leadership IQ A Personal Development Process Based on a Scientific Study of a new Generation of Leaders | Emmett Murphy|1996
Leading at the Edge of Chaos How to Create the Nimble Organization | Daryl Conner|1998
Leading Change John Kotter|1996
Leading Consciously A Pilgrimage Toward Self-Mastery | Debashis Chatterjee|1998
Leading Corporate Transformation A Blueprint for Business Renewal | Robert Miles|1997
Learning from the Future Competitive Foresight Scenarios | Liam Fahey, Robert Randall|1998
A Little Knowledge Is a Dangerous Thing Understanding Our Global Knowledge Economy | Dale Neef|1999
Management Challenges for the 21st Century Peter Drucker|1999
The Management Team Handbook Five Key Strategies for Maximizing Group Performance | Marie McIntyre|1998
Management Teams Why They Succeed or Fail | Meredith Belbin|1996
Managing by Values Ken Blanchard, Michael O'Connor|1997
Managing With A Global Mindset | Jean-Pierre Jeannet|2000
Managing with Power Politics and Influence in Organizations | Jeffrey Pfeffer|1992
Managing Without Management A Post-management Manifesto for Business Simplicity | Richard Koch, Ian Godden|1997
Mind-Set Management The Heart of Leadership | Samuel Culbert|1996
The Natural Advantage Renewing Yourself | Alan Heeks|2000
The New Global Leaders Richard Branson, Percy Barnevik, David Simon and the Remaking of International Business | Manfred Kets de Vries|1999
The New Machiavelli The Art of Politics in Business | Alistair McAlpine|1998
The New Managerial Mentor Becoming a Learning Leader to Build Communities of Purpose | Patricia Fritts|1998
The Next Common Sense The e-Manager's Guide to Mastering Complexity | Michael Lissack, Johan Roos|2000
The Northbound Train Finding the Purpose, Setting the Direction, Shaping the Destiny of Your Organization | Karl Albrecht|1994
On Becoming a Servant-Leader The Private Writings of Robert K. Greenleaf | Robert K Greenleaf, Larry Spears, Don Frick|1996
Organizational Culture and Leadership | Edgar Schein|1997
The Path of Least Resistance for Managers Designing Organizations to Succeed | Robert Fritz|1999
The Post-Corporate World Life After Capitalism | David Korten|1999
The Power of Simplicity A Management Guide to Cutting Through the Nonsense and Doing Things Right | Jack Trout|1999
Power Up Transforming Organizations Through Shared Leadership | David Bradford, Allan Cohen|1998
Powerful Conversations How High Impact Leaders Communicate | Philip Harkins|1999
Presenting to Win A Guide for Finance and Business Professionals | Khalid Aziz|2000
Private Sector Strategies for Social Sector Success The Guide to Strategy and Planning for Public and Nonprofit Organizations | Kevin Kearns|2000
Putting Emotional Intelligence to Work Successful Leadership Is More Than IQ | David Ryback|1998
The Real Work of Leaders A Report from the Front Lines of Management | Donald Laurie|2000
Reengineering Management The Mandate for New Leadership | James Champy|1996
Reframing Organizations Artistry, Choice, and Leadership | Lee Bolman, Terrence Deal|1997
Responsible Managers Get Results How the Best Find Solutions?Not Excuses | Gerald Faust, Richard Lyles, Will Phillips|1998
Results-Based Leadership How Leaders Build the Business and Improve the Bottom Line | Dave Ulrich, Jack Zenger, Norm Smallwood|1999
Rethinking the Future Rethinking Business, Principles, Competition, Control & Complexity, Leadership, Markets and the World | Rowan Gibson|1999
Saving Big Blue Leadership Lessons and Turnaround Tactics of IBM's Lou Gerstner | Robert Slater|1999
Scenarios The Art of Strategic Conversation | Kees van der Heijden|1996
Semper Fi Business Leadership the Marine Corps Way | Dan Carrison, Rod Walsh|1999
Shaping the Adaptive Organization Landscapes, Learning, and Leadership in Volatile Times | William Fulmer|2000
The Spirit of Leadership Liberating the Leader in Each of Us | Harrison Owen|1999
Stewardship Choosing Service Over Self Interest | Peter Wilson|1993
Strategic Thinking and the New Science Planning in the Midst of Chaos, Complexity, and Change | Irene Sanders|1998
Sun Tzu and the Art of Business Six Strategic Principles for Managers | Mark McNeilly|1996
The Tao of Personal Leadership | Diane Dreher|1996
Ted Turner Speaks Insights from the World's Greatest Maverick | Janet Lowe|1999
The Temporary Society What Is Happening to Business & Family Life in America Under the Impact of Accelerating Change | Warren Bennis, Philip Slater|1998
The Ten Keys to Successful Change Management | John Pendlebury, Benoit Grouard, Francis Meston|1998
The Thinking Manager's Toolbox Effective Processes for Problem Solving & Decision Making | William Altier|1999
Thought Leaders Insights on the Future of Business | Joel Kurtzman|1998
The Transformation Imperative Achieving Market Dominance Through Radical Change | Thomas Vollmann|1996
The Transformation of Management Mike Davidson|1996
Tyranny of the Bottom Line Why Corporations Make Good People Do Bad Things | Ralph Estes|1996
Understanding and Changing Your Management Style | Robert Benfari|1999
The Will to Lead Running a Business with a Network of Leaders | Marvin Bower|1997
The World According to Peter Drucker Jack Beatty|1998

Leadership & Change
Book Extract Suites
Each Suite contains extracts from 3 to 10 books focused on a single business concept

  • Leadership and Management Roles
    • Leadership Styles and Strategies Dan Ciampa, Norm Smallwood, Christopher Earley, Miriam Erez, James O'Toole, David Bradford, William Lee, Edward Gubman, Allan Cohen, Charles Handy, Eric Bolland, Charles Hofer, Jack Zenger, Michael Watkins, Dave Ulrich
    • Communicating a Vision Dan Ciampa, John Kotter, Robert Slater, James O'Toole, Gail Fairhurst, Robert Sarr, Robert Quinn, Diane Dreher, Johan Roos, Michael Watkins, Michael Lissack
  • Shared Leadership
    • Powersharing Barry Z Posner, David Bradford, Robert Simons, Allan Cohen, William Halal, Jim Kouzes, James Lucas
    • Managing as a Team Marvin Bower, David Bradford, David Nadler, Janet Spencer, Allan Cohen, Jon Katzenbach, Douglas Smith, Paul Cohen, Frances Hesselbein
    • Leadership at all Levels Marshall Goldsmith, Don Tapscott, Robert Hargrove, Walter Tornow, Robert Bruner, Mark Eaker, Edward Freeman, Elizabeth Olmsted Teisberg, John Sifonis, David Dotlich, James Noel, Manuel London, Beverly Goldberg, Charles Manz, Henry Sims, Richard Beckhard, Frances Hesselbein, Robert Spekman
  • Leadership Development
    • Leadership Training and Education Norm Smallwood, Beth Benjamin, James O'Toole, Jay Conger, David Nadler, Elise Walton, Morgan McCall, Robert Bruce Shaw, Jack Zenger, Dave Ulrich
    • Leadership Succession and Continuity Dan Ciampa, Norm Smallwood, Beth Benjamin, Barry Gibbons, Walter Tornow, Jay Conger, David Dotlich, James Noel, Manuel London, Edgar Schein, Jack Zenger, Michael Watkins, Dave Ulrich
  • Leading Change
    • Communicating Change John Kotter, Marshall Goldsmith, Roger D'Aprix, Mark Herndon, Paul Taffinder, John Pendlebury, Eugene Marlow, Patricia O'Connor Wilson, Davis Fogg, Francis Meston, Mark Feldman, Michael Spratt, Richard Beckhard, Frances Hesselbein, Benoit Grouard, Timothy Galpin
    • Implementing Change Daniel Stowell, Paul Taffinder, John Pendlebury, David Nadler, Francis Meston, Gerald Faust, Richard Lyles, Will Phillips, Paul Cohen, Frances Hesselbein, Benoit Grouard, Daryl Conner
    • The Change Leadership Team Charles O'Reilly, John Kotter, Michael Tushman, Paul Levesque, Donald Mitchell, Carol Coles, Robert Metz, Peggy Simonsen, John Pendlebury, Francis Meston, Edgar Schein, Jon Katzenbach, Benoit Grouard
  • Entrepreneurship
    • The Entrepreneur Kathy Marshack, Abraham Maslow, Robert Wallace, Amar Bhide, William Lee, John Miner, Peter Drucker
  • Project Management
    • Project Managers James Taylor, Brad Humphrey, Jeff Stokes, Randall Englund, Robert Graham, Harold Kerzner, Jolyon Hallows, Davidson Frame, James Lewis
  • Decision-Making
    • Decision-Making Theory and Practice Robert Bruner, Mark Eaker, Edward Freeman, Elizabeth Olmsted Teisberg, Jeffrey Seglin, Haim Mendelson, Johannes Ziegler, George Day, David Reibstein, Susan Nash, James Davis, Adelaide Davis, Robert Spekman, Jim Matheson, David Matheson, Peter Drucker
    • Consensus Building Daniel Morris, Steven Rayner, Joel Brandon, Joel Edelman, Mary Beth Crain, David Bradford, William Rouse, Allan Cohen, Edgar Schein, Robert K Greenleaf
  • Corporate Governance
    • Boards of Directors Alan Weiss, Ram Charan, John Sifonis, Martin Sandler, Deborah Hudson, Beverly Goldberg
    • The Role of Senior Management Barry Gibbons, Ralph Estes, Martin Sandler, Deborah Hudson, David Nadler, David Heenan, Janet Spencer, Elise Walton, Warren Bennis, Robert Bruce Shaw, Robert K Greenleaf
    • Employees as Owners John Case, John Schuster, Jill Carpenter, Robert Blonchek, Martin O'Neill, Karen Southwick, David Korten, Thomas Davenport, Peter Drucker
  • Business Ethics & Social Responsibility
    • Ethical Business Practices Robert Slater, Robert Bruner, Mark Eaker, Edward Freeman, Elizabeth Olmsted Teisberg, Jeffrey Seglin, Robert Solomon, Ken Iverson, Robert Spekman, Robert K Greenleaf, Peter Drucker
    • Corporate Citizenship Peter Schwartz, Blair Gibb, Ralph Estes, Paul Dickinson, Neil Svensen, Charles Handy, Stan Rapp, Thomas Collins
  • See additional works by: Robert Slater,

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