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Management wisdom from Jack Welch

   Jack Welch of General Electric is widely 29-Nov-00 ashu


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ashu Posted on 29-Nov-00 01:23 PM

Jack Welch of General Electric is widely considered
to be the most admires, most respected CEO in America.

After 20 years at the top of GE, and making GE
a conglomerate par excellence, Welch's
retiring next year. His successor has just
been named.

The New York Times has come out with an article,
saying that Welch's book on management will be
published soon. The NYT report gives a capsule
summary of Welch's management ideas -- which
may be of use to the new GBNC Council.

What follows below the ***** line is from the New
York Times.

oohi
ashu
*************
How to explain [Welch's] success?
Mr. Welch's book will almost certainly
hammer home three points that have become his mantra.

Managers should:

• Create leaders. "In the end, the plate looks prettier than the making of
it," he said. "My job is selecting people, evaluating people, giving them
self-confidence and spreading ideas."

• Focus on a few simple big ideas and dedicate the resources needed to
drive them home.

• Master and inspire continuous change. "The most difficult thing in an
organization is to get people to act on change," he said.