Winning through Jack Welch’s Eight Rules
Posted : March 30, 2005 at 10:57 pm [IST]
I had been a fan of Jack for a long time. Jack Welchs new book Winning will be soon on stands of all the bookshops worldwide. Welch never missed any chance to coach and prepare his subordinates for playing a significant role in making GE the largest company of the world. However, I never agreed with his throw out bottom10% theory Welch was controversial but then he is legendry figure too. And this book is with his new wife as co-author. Something you shall like to know about Suzy Welch. Here is what I read recently.
Welch, considered one of the most successful business executives of the 20th century, met his wife when she was a magazine editor.
“We got the editor of the Harvard Business Review, America’s most prestigious sort of intellectual business magazine,” says Welch.
“We got a well-known CEO who had received a lot of accolades from the most admired company with the highest market value, and the guy is married. He falls in love. He runs off with the woman. Christ, if I was a journalist, I’d write a scandalous story. It’s a pretty good story. I mean, it’s a good story, but I don’t care. I fell in love.”
But we are with 8 rules. And here are the 8 rules:
1. Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach and build self-confidence.
Think of yourself as a gardener, with a watering can in one hand and a can of fertilizer in the other. Occasionally you have to pull some weeds, but most of the time, you just nurture and tend-the watch every thing bloom.
2. Leaders make sure people not only see the vision; they live and breathe it.
3. Leaders get into everyones skin, exuding positive energy and optimism.
4. Leaders establish trust with candor, transparency and credit.
5. Leaders have the courage to make unpopular decisions and gut calls
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6. Leaders probe and push with a curiosity that borders on skeptism, making sure their questions and answered with actions.7. Leaders inspire risk taking and learning by setting the example.
8. Leaders celebrate.
You can read the whole article or the whole book too.
- Indra
Category: Industry/Management |
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