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Jack: Straight from the Gut

Jack: Straight from the Gut

List Price: $29.95
Your Price: $19.77
Product Info Reviews

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Rating: 4 stars
Summary: Jack, Over the Top Results
Review: REVIEW: If one word could sum up Jack Welch's career at GE it might be "results". And this is why many people will want to read this book. It is basically an autobiography of Jack Welch's GE years and does not dwell on deap management theory. Those readers expecting a lot of new business theory or to learn how to repeat Jack's performance by reading about his secret methodology may be disappointed.

The management insights that Jack does reveal seem to me to be generally built on fairly well established (but poorly executed) management practices. Jack has just embraced them and used focussed passion coupled with an obsession on people to execute superbly and produce great results. For example, some of his major initiatives could be said to have been derived from existing management principles: 1) "No. 1 or 2" Jack admits is derived from Peter Drucker, 2)I believe six sigma is derived in part from Motorola, 3) "Boundaryless behaviour" can said to be based on Peter Drucker's observation that there are no profit centers inside an organization, and 4) Jack was clearly not an early pioneer on "E-business". Yet he recognized the opportunities and produced results from them. The book probably won't become a classic, but it is still recommended reading for today's and tomorrow's managers and especially those interest in the man himself.

STRENGTHS: The book is a fairly easy and interesting read full of anecdotes and insites. It does a great job of showing the management task as art and discipline that can be learned, improved, and mastered rather than as personal charisma or other common stereotypes of leadership.

WEAKNESSES: The minor weaknesses of the book relate to Jack's strong, competitive personality (and maybe ego) that show through in his writing. Despite that author's initial disclaimer to read "I" as meaning "we" I found Jack's lack of distinction between himself and GE to be minorly annoying. Parts of the book are filled with phrases like "I bought this $$$$$ company" when clearly "We" is appropriate [I know, I'm nit-picking]. Second (and this is almost excusable in an autobiography) Jack rarely gave the "other side" of the story when discussing major GE crises. For example, he never explains the EU's reasons for blocking the Honeywell merger, assuming that it is so obviously wrong it's not worthy of explaination.

Rating: 5 stars
Summary: His advice may seem obvious to some, but...
Review: His advice may seem obvious to some, but how often is it actually practiced? I shouted "yeah!" to myself over and over as I read a couple chapters of this book.

For example: the chapter about rating and rewarding his employees was excellent. For example, giving Class A employees 3x the salary increases over Class B employees-- Great!! Giving NO increases to Class C employees, and getting rid of them sooner rather than later...what can I say, I LOVE IT!!

He's so right about the fact that it's more cruel to let Class C workers attain and maintain an certain income level (that they are not really worthy of), and waiting til they're older, with a large mortgage and kids in college before finallly telling them that they're not making the grade.

I've worked with some people in the high-paying tech arena that, because of either blatant incompetence, bad attitude, and/or pure laziness, never should have gotten to where they are today. As far as I'm concerned, some never should have gotten past working in the food service industry.

Eventually those people *do* get weeded out (I'm seeing it happen right now in this economy). Sooner is better than later, both for the employer and the employee. I also enjoy not having to work with those types.

Rating: 3 stars
Summary: Too Much Fluff
Review: Surely Jack has more content than this. More content, less fluff please.

Rating: 3 stars
Summary: I am almost ashamed to keep this book on our shelves
Review: I must say I am disappointed in this book. Mr W. clearly takes much credit for the success of GE. Although a strong leader in any organization can make a big difference, it looks disgustingly fake when he tries to take all credit for success. If you are a critical reader you will most likely see through the tireless self promotion that went on with W.

I cannot waste any more time on this book, so I must end this review here, but there are good parts of this book. To find out about those, read someone else's reviews.

Rating: 5 stars
Summary: His advice may seem obvious to some, but...
Review: His advice may seem obvious to some, but how often is it actually practiced? I shouted "yeah!" to myself over and over as I read a couple chapters of this book.

For example: the chapter about rating and rewarding his employees was excellent. For example, giving Class A employees 3x the salary increases over Class B employees-- Great!! Giving NO increases to Class C employees, and getting rid of them sooner rather than later...what can I say, I LOVE IT!!

He's so right about the fact that it's more cruel to let Class C workers attain and maintain an certain income level (that they are not really worthy of), and waiting til they're older, with a large mortgage and kids in college before finallly telling them that they're not making the grade.

I've worked with some people in the high-paying tech arena that, because of either blatant incompetence, bad attitude, and/or pure laziness, never should have gotten to where they are today. As far as I'm concerned, some never should have gotten past working in the food service industry.

Eventually those people *do* get weeded out (I'm seeing it happen right now in this economy). Sooner is better than later, both for the employer and the employee. I also enjoy not having to work with those types.

Rating: 3 stars
Summary: Inside scoop on GE
Review: A good book to get the inside "going ons" from a CEO's perspective. If you have interest in GE and the happenings through Mr. Welch's eyes this is a good read.

I was hoping to get a little more insight and direction regarding the key elements of running an extremely successful business. Outside of the "people are everything" and weed out the bottom feeders, there was little practical knowledge to be taken from the book and used by manager "want-to-be" types.

Rating: 4 stars
Summary: Buy the book used
Review: I guess it's not bragging if you can do it - and he did. It is difficult to argue GE's success over the past 20 years. Mr. Welch took a 12 billion company and made it into a 500 billion dollar business. Without even using a computer!! Regarding the portion of the book were he talks about assigning E-trainers for all the top executives in the company, all I have to say is rank does have its privileged, It must be nice to have a techie hold your hand if you are an executive and computer illiterate.
It is hard to believe that it wasn't until 1999 that Jack Welch sent his first email. A multimillionaire who isn't connected....
I am not sure if it is ignorance or apathy?

In Mr Welch's defense, I am not sure how the author could have gotten around referencing everybody he worked with or for.
If you can get through that part of the book, there are some things in the rest of the book that are of value. I listened to the book on tape so it wasn't so bad.
He does talk about real people and real problems that he encountered throughout his career and what it took to get the job done working within the environment HE created.
If you are not a business person or just wondered what it is like at the top, here are a dozen of the key ideas Mr Welch talks about in his book.

Stretch jobs
The runway of a person,
The vitality curve of a career
Differentiation being a key value to getting ahead
"boundaryless" operations
Blackbelt employees
Plane crash scenario: Who will run the company
Having a deep bench: When a replacement was needed
Fix, Close or Sell areas of business that are not performing well
Being #1 or #2 in your field
The 6 sigma quality movement
Finance: People and dollars are the movable parts, while the people hold the depth of knowledge
Not to mention a smattering of, golf, tennis and ping pong stories.

Overall I would say buy the book used or borrow it from a friend - 4 stars

Rating: 5 stars
Summary: Broader my view
Review: By reading his book i certainly learn a lot.

Rating: 1 stars
Summary: A Breakthrough in "Boundaryless Thinking"
Review: From livejournal notrealnews

Jack Welch, the retired CEO of General Electric, has hailed his recent affair with Harvard Business Review reporter Suzy Wetlaufer as a breakthrough in the business concept of "Boundaryless Thinking". "I could have easily spent the rest of my life trapped in the narrow view that my marriage meant lifelong monogamy," said Welch, a smug look on his face, "but with boundaryless thinking, I was able to take the concept of marriage in a whole new direction. Just like the things I did at GE."

Boundaryless thinking was one of the tenants that allowed Welch to get GE out of the failing appliances business and into the credit business, which now comprises more than half of GE's corporate makeup. It was a concept Welch highly stressed and touted in his autobiography "Jack: Straight from the Gut." He intends to follow it up with a new book, "Cheating on your wife the Six Sigma Way: How CEO's of GE, Motorola, and Other Top Companies are Honing Their Extramarital Performance".

Rating: 3 stars
Summary: I gave a good review, but...
Review: I gave a good review on this book before with 4 or 5 stars. But I'm giving only 3 now. First half of the book is 5 stars. It's encouraging and exciting stories. But last half of the book is about what he did -- and what all he did once he became a CEO of GE is merging! And he keeps go on and on with names of people, values, where, what has been merged. I didn't know CEO's job is buying out companies, and he sure taught me that in last half of the book. If you will get this book and I recommend so, but don't waste your time reading the last half. You'll see what I mean.


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