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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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Behind the scenes with the legendary CEO Jack Welch’s innovative leadership strategies revived a lagging GE, transforming it into a powerhouse with a staggering $300 billion-plus market capitalization. In writing Jack Welch and the GE Way, author Robert Slater was given unprecedented access to Welch and other prominent GE insiders. What emerged is a brilliant portrait that tells you what makes Jack Welch tick. Learn how to work the Welch magic on your own company as you find out how he dismantled the boundaries between management layers, between engineers and marketers, between GE and its customers to streamline the process of getting products and services to market. Get details on Welch’s far-reaching Six Sigma quality initiative, and discover how its principles and standards can save billions of dollars...how and why he has made GE a truly global company (and why you must think global as well)...and all the other Welch "midas touch" strategies you can put to work in your organization, at every level!

328 pages, Hardcover

First published July 31,1998

This edition

Format
328 pages, Hardcover
Published
July 31, 1998 by McGraw-Hill
ISBN
9780070581043
ASIN
0070581045
Language
English

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About the author

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robert slater

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Robert Slater was an American author and journalist known for over two dozen books, including biographies of political and business figures such as Golda Meir, Yitzhak Rabin, George Soros, and Donald Trump.
Slater was born in Manhattan and grew up in South Orange, New Jersey. He graduated from Columbia High School in 1962 and graduated with honors from the University of Pennsylvania in 1966, with a degree in political science. In 1967 he received a master's degree in international relations from the London School of Economics. He worked for United Press International (UPI) from 1969 to 1971 before moving to Jerusalem, where he worked for UPI until 1974; and for Time magazine in Jerusalem from 1976 to 1996. From 1987 and 1990 he was chairman of the Foreign Press Association in Israel. In his later years he was a columnist for The Jerusalem Report, and mentored young journalists at The Jerusalem Post. He lived for much of his life in Israel, and with his wife, Elinor, co-authored the books Great Jewish Women and Great Jewish Men.

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Rating(3.9 / 5.0, 27 votes)
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27 reviews All reviews
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BitNdragon
★ ★ ★ ★ ★
April 17,2025
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Among various leadership books, I love Jack's book. I found his principles of condor in leadership being key element to success and as a fundamental truth. He lived it, and used it in every aspect of GE leadership. You will find inspiration for a good leadership in here.

One exception to the overall interesting book: Six Sigma madness - this is something which you can ignore. I think this is one of the method he successfully used to weed out dud products and drive results in GE. But, any method thats used as a religion is bound to fail in long term. His Six Sigma success, spurred many such mad initiatives in many other corporate world ...
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ThotPatroller
★ ★ ★ ★ ★
April 17,2025
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Quick, easy to read, but important book for management. It is my opinion that everyone at any company in a c-suite down to middle management should be required to read this book at least once every few years. The concepts and initiatives he implemented are so common sense that it's mind boggling there are companies out there that operate in the complete opposite way that Welch did.
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ailuo
★ ★ ★ ★ ★
April 17,2025
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I read /Jack Welch & the G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO/, by Robert Slater:

Many of us have read all the Welch books and the General Electric growth story.

We've embraced leadership rather than management, having divisions or subsidiaries that are #1 or #2 in their markets, hiring A players, and regularly culling employees to discard the lowest performers. (You may have embraced Six Sigma, but I haven't. I'm still working on my first Sigma).

Here's a Jack Welch quote that I hadn't seen before: "We run this place like a family grocery store," meaning casual dress at quarterly meetings, and having dinner together and drinks after every meeting.

______________

Table of Contents:

Part I: Act Like a Leader, Not a Manager.
Embrace Change, Don't Fear It.
Stop Managing, Start Leading.
Cultivate Managers Who Share Your Vision.
Face Reality, Then Act Decisively.
Be Simple, Be Consistent, and Hammer, Your Message Home.

Part II: Building the Market-Leading Company.
Be Number 1 or Number 2, But Don't Narrow Your Market.
Look for the Quantum Leap!
Fix, Close, or Sell: Reviving NBC.
Dont Focus on the Numbers.
Plagiarize--It's Legitimate: Creat a Learning Culture.

Part III: Forging the Boundaryless Organization.
Get Rid of the Managers, Get Rid of the Bureaucracy.
Be Lean and Agile Like a Small Company.
Tear Down the Boundaries.

Part IV: Harnessing Your People for Competitive Advantage.
Three Secrets: Speed, Simplicity, and Self-Confidence.
Use the Brain of Every Worker--Involve Everyone.
Take the "Boss Element" Out of Your Company.
Create an Atmosphere Where Workers Feel Free to Speak Out.
S-t-r-e-t-c-h! Reach for the Stars!

Part V: Push Service and Globalization for Double-Digit Growth.
Grow Your Service Business--It's the Wave of the Future.
Look to Financial Services to Bring in Earnings.
Have Global Brains--and Build Diverse and Global Teams.

Part VI: Drive Quality Throughout the Organization. Live Quality--and Drive Cost and Speed for Competitive Advantage.
Make Quality the Job of Every Employee.
To Achieve Quality: Measure, Analyze, Improve, and Control.

Part VII: The Toughest Boss/Most Admired Manager in America.
Jack Welch Deals with Adversity.
Jack Welch Deals with the Next Generation.

Part VIII: Jack Welch's Vision for the Millennium
Bolstering General Electric.
Advice for Other Companies.
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jiegonator
★ ★ ★ ★ ★
April 17,2025
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Having worked in GE really lot of changes have been brought through on bureaucracy, way of thinking on Six Sigma and product cost workout, focusing on results. But hiring and firing is something which I didnot like in the book in order to have cost cutting.
Overall a very good experience to see a broader perspective.
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NarutoxXSasuke
★ ★ ★ ★ ★
April 17,2025
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I love every piece of this book, as a former GE employee I can suscribe that GE's strength now and then is due to the leadership of Jack and his team.
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tennisnumber1
★ ★ ★ ★ ★
April 17,2025
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A great primer for corporate leadership. Welch was well ahead of his time and provides great lessons on getting the most out of an organization.
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BlackSword
★ ★ ★ ★ ★
April 17,2025
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از سازمان بدون مرز و اجرای کیفیت ۶ ستاره لذت بردم.
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TheFDog
★ ★ ★ ★ ★
April 17,2025
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Received this book at a professional development training and now work at a company very influenced the GE Way so figured why not. Some very interesting stuff, especially the management section, so enjoyed it overall but 20 years later some of it is dated and drags on a bit.
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