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Jack: Straight from the Gut | [Jack Welch, John A. Byrne]

Jack: Straight from the Gut

Jack Welch lifted GE from a conglomerate with a market value of about $12 billion to one of the world's largest and most widely-admired companies, with a market value of more than $500 billion. In Jack, the author reveals the strategies and philosophies that put him at the top.
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Publisher's Summary

As CEO of General Electric for the past 20 years, Jack Welch has built its market cap by more than $450 billion and established himself as the most admired business leader in the world. His championing of initiatives like Six Sigma quality, globalization, and e-business have helped define the modern corporation. At the same time, he is a gutsy boss who has forged a unique philosophy and an operating system that relies on a "boundary-less" sharing of ideas, an intense focus on people, and an informal, give-and-take style that makes bureaucracy the enemy.


In anecdotal detail and with self-effacing humor, Jack Welch gives us the people who shaped his life (most notably his mother) and the big hits and the big misses that characterized his career. Starting at GE in 1960 as an engineer earning $10,500, Jack learned the need for "getting out of the pile" when his first raise was the same as everyone else's. He stayed out of the corporate bureaucracy while running a $2 billion collection of GE businesses - in a sweater and blue jeans - out of a Hilton in Pittsfield, Massachusetts.


After avoiding GE's Fairfield, Connecticut headquarters for years, Jack was eventually summoned by then-Chairman Reg Jones, who was planning his succession. There ensued one of the most painful parts of his career - Jack's dark-horse struggle, filled with political tension, to make it to the CEO's chair. A hug from Reg confirmed Jack was the new boss - and started the GE transformation. The riveting story of his last year - the elaborate process of selecting a successor and the attempt to buy Honeywell - is also told in compelling detail.


This is classic Jack Welch: down to earth, powerful, and filled with common sense.

©2001 by Jack Welch; (P)2001 by Time Warner AudioBooks

What the Critics Say

"As a self-portrait of one of America's most successful modern business leaders, Jack is remarkable for its candor." (Ther Economist)

What Members Say

Average Customer Rating

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    Bradley Portsmouth, Hampshire, United Kingdom 24/07/2006
    Bradley Portsmouth, Hampshire, United Kingdom 24/07/2006
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    "World class"

    A fascinating insight into the mindset and career of one of the most influential and successful business people that ever was. I found this book extremely valuable because it opened by eyes to the private sector corporate world after spending much of my life as a Naval Officer. Truly inspirational. Buy it.

    1 of 1 people found this review helpful
  •  
    r LEICESTER, United Kingdom 02/07/2013
    r LEICESTER, United Kingdom 02/07/2013 Member Since 2012

    rxcbs

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    "Great story"
    Would you consider the audio edition of Jack to be better than the print version?

    not read the book but well narrated with a lot of passion


    Have you listened to any of Mike Barnicle’s other performances? How does this one compare?

    no but will look out for them


    Was there a moment in the book that particularly moved you?

    yes lots like his comparing his eventual succession decision to the birth of his first child


    0 of 0 people found this review helpful
  •  
    Neil BROSELEY, SHROPSHIRE, United Kingdom 27/05/2009
    Neil BROSELEY, SHROPSHIRE, United Kingdom 27/05/2009 Member Since 2006
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    "quite a ride"

    insightful and thought-provoking, "Jack" has a great, down-to-earth vibe and a feel of authnticity.
    A terrific read.

    0 of 1 people found this review helpful
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