Jack Welch

Winning

5 stars (Jack Welch is great!) - Jack Welch is a great business leader! He is also very direct and to the point about his ideas. I love that about his book. A must read for anyone serious about growing and learning. 4 stars (Lots of good insight into the world of business) - I am a small business owner trying to think big and "keep it real." There were many valuable insights in here and reminders on common sense issues. 3 stars (Insightful At Times, but Mostly Superficial) - Jack Welch clearly is a legendary business leader; however, a great writer he is not. The book offers a few insights - eg. the power of corporate vision and value, budgeting and rewarding performance in the real (dynamic) world - but his book is not nearly as specific and helpful as Larry Bossidy's (Welch's former #2) "Confronting Reality," and "Execution." Sadly, the book also does not reference how Welch greatly simplified planning and accountability by getting rid of the planners and layers of bureaucracy, and instead focusing on fast reaction - a lesson that some firms, government and public education still need to learn. In addition, Welch does not address most of the vast changes simplifying much of management in the last few years - even though he pioneered much of their use. The job has become primarily one of reducing costs - especially by shifting work away from Americans. This is accomplished by: 1)Maximizing outsourcing (eg. to Canada - primarily to avoid U.S. healthcare costs; to China and India - primarily to greatly reduce production labor, call-center, and design and programming costs, 2)Maximizing use of illegal immigrants within the U.S. - eg. in the meatpacking, construction, and other food-processing and food-serving areas, 3)Maximizing use of legal temporary immigrants within the U.S. - eg. Indian citizens with H-1B and L1 visas in areas such as electronics design and manufacturing, and computer programming. 4)Maximizing use of aggressive accounting - eg. capit...
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