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Jack

The secret of how Jack Welch led General Electric to success

Jack Welch, John A. Byrne

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Jack Summary

Hi, welcome to Bookey. Today, we will unlock Jack: Straight From The Gut. When choosing a career, many people will face the choice of going into a big company or a small company. Some choose big companies for stability. However, once entering a big company, they complain that all workers seem to be a small fish in a big pond. Within these corporate environments, few people in their lifetime can fight their way through and achieve a breakthrough. Furthermore, employees of big companies also face a complex management environment. Overstaffed organizations, multiple leadership positions, brain drain, and shirking responsibility are common afflictions in big companies that, not only make a company lose vitality, but also leaders to lose direction. In this book, Welch tells us how he stood out after a few years of working as a junior engineer, despite joining GE as nobody at first. What¡¯s more, it demonstrates how he turned GE, a big enterprise full of "big company diseases¡±, into a dynamic and innovative company worthy of being a worldwide benchmark after he rose to management. Welch's story can provide useful inspiration for every employee and business manager. Welch, known as one of the world's most prominent corporate managers, enjoys a great reputation in the business world. He joined GE's new chemical development operation in 1960. In 1981, at the age of 45, Welch became the youngest chairman and CEO in GE's history. During his 20 years in charge of GE, the company continued to run in good shape, with its market value rising from $13 billion to $400 billion. In 2000, The Financial Times named GE ¡°the World¡¯s Most Respected Company¡± for the third straight year in a row. This book, Jack: Straight From The Gut, is an autobiography personally written by Jack Welch himself who devoted himself to condensing decades of management experience and all his life into one book. In his autobiography, Welch describes his growth process, management secrets, and how to create a unique management model to help companies get rid of bureaucracy problems. Moreover, it shows how he has led GE in maintaining its leading position during its 20 years of commercial ups and downs. In this Bookey, we'll explore Jack¡¯s path to success in three parts: Part 1: Becoming the youngest CEO of General Electric; Part 2: Getting rid of bureaucracy and creating a "No.1 or No.2" company; Part 3: Implementing novel management methods

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