Overview

This book provides a look at what the innovative powerhouse executive has brought to American business and what will ultimately be his legacy. Thorough, authoritative, and absorbing, Welch: An American Icon includes interviews with CEOs at other leading companies who have worked under Welch and been trained by him, as well as interviews with other GE executives.

Full Product Details

Author:   Janet Lowe
Publisher:   John Wiley and Sons Ltd
Imprint:   John Wiley & Sons Inc
Dimensions:   Width: 16.50cm , Height: 2.70cm , Length: 23.20cm
Weight:   0.588kg
ISBN:  

9780471413356

ISBN 10:   0471413356
Pages:   304
Publication Date:   05 April 2001
Audience:   General/trade ,  College/higher education ,  Professional and scholarly ,  General ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Preface 7 Acknowledgements 11 Part I The Jack Welch Legacy 13 Chapter One The House of Magic: How Welch Became an American Icon 27 Chapter Two The Gospel of Good Management 49 Part II General Electric Then and Now 69 Chapter Three The Companies General Electric Dumped 81 Chapter Four The Companies General Electric Acquired 93 Chapter Five Building from Within 113 Chapter Six The Globalization of General electric 129 Chapter Seven Wired Welch 147 Chapter Eight The Dark Side of the Legacy 167 Part II The Future 189 Chapter Nine The Meta-Corporation: General Electric after Welch 201 Chapter Ten Welch after General Electric 223 Chapter Eleven Welch’s Place in History 235 Appendixes 245 Appendix A General Electric and Jack Welch: The Chronology 247 Appendix B GE Values 255 Appendix C The CERES Principles 257 Appendix D General Electric Businesses 261 Appendix E General Electric-Nineteen-Year Performance Figures: 1980-1999 275 Notes 277 Index 297

Reviews

Welch: An American Icon by Janet Lowe. If Jack Welch isn't a household name, he should be, Lowe says. Welch is a guy who makes a lot of things happen, all kinds of things that affect the lives of all of us, even when we're not aware of it. (USA Today September 10, 2001) When business writer Lowe (Damn Right, etc.) approached GE Chairman Jack Welch about a book (Jack Welch Speaks, her first book on him), [h]e said he did not see any purpose in -yet another book. Lowe's respectable, ultimately redundant book portrays Welch as a captain of industry who commands the kind of attention that top executives crave and almost never get. The near-mythical story of GE's wrenching turnaround earns Welch abundant positive and negative buzz. Unlike many of Welch's contemporaries, he has stayed with the same company for the long run (since 1960), becoming chairman in 1981 and immediately restructuring the massive conglomerate, earning the moniker Neutron Jack because of his huge layoffs along the way. Through a combination of radical structural changes, a near-fanatical devotion to the Six Stigma management system and an acquisition blitzkrieg, GE leapt into the 21st century, taking no prisoners. Critics noted that under his stewardship, deep workforce reductions accompanied Welch's own ballooning salary and a tendency to treat workers and their hometowns as dispensable (Welch has said, Ideally, you'd have every plant you own on a barge, to move with currencies and changes in the economy ). Lowe promises a balanced look Welch that pulls no punches; for the most part, she delivers. But the book's distracting, episodic style (a lot of the material was left over from the first book) makes it seem little more than an attempt to capitalize on curiosity about Welch prior to the publication of his much touted upcoming book. Several abundant appendices are informative but do little to explain Welch's icon status. (Publishers Weekly, April 2001) ...this book is a good read... (Ambassador, September 2001) Welch: An American Icon is a thoroughly researched addition to your business library. No matter how much you have read about Welch, you will certainly learn something new by reading this book. Â George Eckes Management Consultant and author of The Six Sigma Revolution, How General Electric and others Turned Process Into Profits

Welch: An American Icon by Janet Lowe. If Jack Welch isn't a household name, he should be, Lowe says. Welch is a guy who makes a lot of things happen, all kinds of things that affect the lives of all of us, even when we're not aware of it. (USA Today September 10, 2001) When business writer Lowe (Damn Right, etc.) approached GE Chairman Jack Welch about a book (Jack Welch Speaks, her first book on him), [h]e said he did not see any purpose in -yet another book. Lowe's respectable, ultimately redundant book portrays Welch as a captain of industry who commands the kind of attention that top executives crave and almost never get. The near-mythical story of GE's wrenching turnaround earns Welch abundant positive and negative buzz. Unlike many of Welch's contemporaries, he has stayed with the same company for the long run (since 1960), becoming chairman in 1981 and immediately restructuring the massive conglomerate, earning the moniker Neutron Jack because of his huge layoffs along the way. Through a combination of radical structural changes, a near-fanatical devotion to the Six Stigma management system and an acquisition blitzkrieg, GE leapt into the 21st century, taking no prisoners. Critics noted that under his stewardship, deep workforce reductions accompanied Welch's own ballooning salary and a tendency to treat workers and their hometowns as dispensable (Welch has said, Ideally, you'd have every plant you own on a barge, to move with currencies and changes in the economy ). Lowe promises a balanced look Welch that pulls no punches; for the most part, she delivers. But the book's distracting, episodic style (a lot of the material was left over from the first book) makes it seem little more than an attempt to capitalize on curiosity about Welch prior to the publication of his much touted upcoming book. Several abundant appendices are informative but do little to explain Welch's icon status. (Publishers Weekly, April 2001) ...this book is a good read... (Ambassador, September 2001) Welch: An American Icon is a thoroughly researched addition to your business library. No matter how much you have read about Welch, you will certainly learn something new by reading this book. George Eckes Management Consultant and author of The Six Sigma Revolution, How General Electric and others Turned Process Into Profits

Lowe promises a balanced look at Welch that pulls no punches; for the most part, she delivers. (Publishers Weekly, April, 2001) ...this book is a good read... (Ambassador, September 2001)

Author Information

JANET LOWE is the bestselling author of numerous business books including Damn Right! Behind the Scenes with Berkshire-Hathaway Billionaire Charlie Munger (Wiley) and Value Investing Made Easy. Formerly the financial editor of the San Diego Tribune, she has written more than 200 business articles for such publications as Newsweek, the Christian Science Monitor, and the Los Angeles Times.

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