Sunday, July 25, 2010

Jack ... the book

I just finished reading Jack Welch's book which he and a professional writer patched together almost 10 years ago. He ran GE for 20 years and was an out of the box CEO appointment by Reg Jones ,his predecessor. Welch has a relentless ego and an overload of self confidence, but he did drive GE to many new heights. His four major pushes over 20 years were globalization, services, digitization and e-business - all were relatively early in their evolutions. Welch was demanding and disruptive, at times, and yes dominating. It is an interesting question as to how well this style would work today. He went through the same process as Reg did - winnowing a list of 27 successors and making them compete over a couple of years. Jeff Immelt ultimately won, but the other 2 finalists left the company and took over Home Depot and 3M. Many top results-oriented business leaders have come out of GE, and the company has stayed on top for over 6+ decades.

Jack also won several golf championships at Sankaty Head on Nantucket - time to go off and play golf.

I am now reading Google - The Story of Search (2006)- guess I just need to catch up on my business reading.