Control Your Destiny or Someone Else Will: How Jack Welch Is Turning General Electric into the World's Most Competitive Corporation

Overview

"Control your destiny or someone else will" is one of the rules by which Jack Welch lives - and wins. Like it or not, the ideas of General Electric's fiery CEO are defining the nature of business in our age, and revolutionizing the art of management. Welch is leading GE through a corporate transformation that ranks among the most ambitious, agonizing, and successful of all time. This book contains the lessons distilled from that experience, written by a key participant in the GE revolution and a respected financial journalist. Drastic changes in
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New York, NY 1993 Hardcover Edition Unstated New Condition in Good jacket Some shelf and corner wear. Dust Jacket has obvious wear from shelving. Text appears clean. Binding is ... tight and solid in very good condition. Good study copy. Looks Nice. Size: 25 cm. 384 pp. Quantity Available: 1. Shipped Weight: Under 1 kilo. Category: Indigenous Cultures; General Electric Company History; ISBN: 0385248830. ISBN/EAN: 9780385248839. Dewey Code: 338.7/62138/0973 20. Inventory No: 1561005686. Read more Show Less

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Overview

"Control your destiny or someone else will" is one of the rules by which Jack Welch lives - and wins. Like it or not, the ideas of General Electric's fiery CEO are defining the nature of business in our age, and revolutionizing the art of management. Welch is leading GE through a corporate transformation that ranks among the most ambitious, agonizing, and successful of all time. This book contains the lessons distilled from that experience, written by a key participant in the GE revolution and a respected financial journalist. Drastic changes in the contemporary business environment call for breakthrough management ideas. Almost everyone who holds a job is affected by the upheavals of intensifying global competition - and the worst is yet to come. Yet most corporations still organize work the way they did at the turn of the century, turning managers into bureaucrats while frustrated subordinates glumly tighten the bolts. The new way - GE's way - breaks the intellectual framework that defines the limits of traditional management. In a worldwide competition increasingly driven by speed, companies no longer have time to tell their people what to do. Unless every worker takes responsibility for his or her own job, a corporation can't perform - and those jobs will be threatened. That's why, instead of seeking better ways to control its employees, GE aims to liberate them. Putting such ideas into practice, as GE has done, is impossible without a frontal assault on the corporate status quo. Welch redesigned GE's entire organization, eliminating or divesting over 170,000 jobs, one third the company's total, buying and selling multibillion-dollar businesses as if they were baseball cards. At the same time, he fostered a companywide debate about values that has fundamentally altered the way GEers think about work. What began as a conflict of ideas became a test of wills, pitting the leaders against the led. The tale of how Welch won GEers' allegiance ranks among the most
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Editorial Reviews

Library Journal
Jack Welch is undoubtedly one of the most talked about chief executives in America. Three months apart, two books have appeared about Welch and his mandate to restructure GE in the 1980s. Unlike Robert Slater's The New GE: How Jack Welch Revived an American Institution ( LJ 10/1/92), authors Tichy, a professor and GE consultant, and Sherman, a Fortune reporter, offer a deeper analysis of Welch's leadership practices and philosophies. The authors use the first person singular to signify an insider's (Tichy's) view, which is confusing at first. Furthermore, the addition of the ``Handbook for Revolutionaries'' (material developed at GE's executive education center in Crotonville, New York) makes Tichy appear to be a Welch convert, and the bias is sometimes too obvious. The repetition of ideas makes reading laborious. However, the authors do a substantial job in presenting the research, which included over 100 hours of interviews with Welch. Recommended for all business libraries.-- Rebecca A. Smith, Harvard Business Sch. Lib.
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Product Details

  • ISBN-13: 9780385248839
  • Publisher: Knopf Doubleday Publishing Group
  • Publication date: 12/19/1992
  • Edition description: 1st ed
  • Pages: 384

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