This is the ultimate business how-to book, by the icon of American business and one of the world's most revered and respected leaders, Jack Welch, former CEO of General Electric.... more
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Advantages: Honest, informative and straight Disadvantages: none
As i first heard of this book i thought yeah yeah another successful businessman who just wants to tell the world how great he is and not offer anything in the way of advice or useful tips.
How wrong i was.
Jack Welch is a retired former CEO and chairman of General Electric.
In this book Welch gives you the benefit of all is years of experience and writes in an unprecedented honest manner.
In this book welch answers the most frequent questions ... ...did things, giving both positive and negative sides and to be fair he criticises himself as well.
I found it very interesting to read about the systems implemented by welch, such as the 20,70,10 system. This is a system in which the workforce of a company is divided into the top 20 percent, the middle 70 and the bottom 10. The top 20 are showered with praise and rewards and the bottom should be removed. Those in the middle 70 need to improve themselves ...
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Advantages: Very easy to read and understand, not complicated terminology. Disadvantages: I would have liked him to expand more on Six Sigma
This is the only business book I have read so far and no doubt it will be the only one.
Divided into 5 section:
1. Underneath it all
2. Your company
3. Your competition
4. Your career
5. Tying up loose ends
it is extremely easy to read and understand. It contains Welch's basic philosophy and principles, talks about business structure and process. It addresses facing difficult situations, making unpopular decisions but still achieving the best ... ...everything from every angle and always considering what is the best for your business in long run. His open, honest, human, down to earth approach is refreshing. You can pick up the book and start at any part that is relevant for you. If you are like me and hate business books but believe in straight talking do yourself a favour and read just this one. I love this book. ...
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This is the ultimate business how-to book, by the icon of American business and one of the world's most revered and respected leaders, Jack Welch, former CEO of General Electric. "Winning" explores the changes of recent times and the new economic realities, and more than that, it identifies the central, immutable principals of doing business right and doing it well. ""Winning" is a book for the people in business who sweat, get their nails dirty, hire, fire, make hard decisions, and pay the price when those decisions are wrong," said Welch. "I see this book as a handbook for people in the trenches, turning their companies and the economy around, not just today, but for years to come. I think it will be useful for people just starting their careers or their own businesses to seasoned managers running multi-billion dollar enterprises. I've learned an enormous amount about what works and what doesn't work throughout my career, and I'm very excited about sharing it in "Winning"." Welch will teach people how to win in business by distilling his experience in three critical areas: working within an organization, dealing with competitors, and handling matters of life and career. Critical to Welch's writing such an accessible, useful guide is his unique collaboration with his wife, Suzy, the former editor of the "Harvard Business Review", who brings expertise in management, writing talent, and a woman's sensibility to articulating the components of Welch's success.
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