Jack Welch was General
Electric chairman and CEO from 1981 to 2001 and is one of the best business icons.
He has been travelling around the world and interacting with people, sharing
his wisdom on management.
The book is very
interesting unlike other books composed of winning strategies. The candor in
his writing, which he refers as a very important perspective in the
organization’s and an individual’s growth. When you are reading the book you
will have the feel of interaction with Jack Welch himself. There are numerous advices which are sensible
and convincing and you feel like you’re already taking the author’s side in the
views of running a management.
This book comes with a
handy experience of forty five years and with sheer class capabilities of how
one should run a company and manage it. No one else could have explained with
the simplest terms and the scenarios like jack Welch, the author and the Ex-
CEO of GE.
The book has got a comment
printed on it done by Mr. Warren E. Buffet quoting ‘No other management book
will ever be needed’, at first sight you may feel it’s exaggerating but once
you finish reading the book. You will agree with those wordings.
The reason for the
success of this book is the experience of the author. He has explained every
management strategy through his experience, which makes it so reliable and
adaptable.
The demise of Arthur
Anderson and Enron reminds of many things around us. It’s almost like how Irfan
Pathan lost his place in the Indian national cricket team. He was a gifted
swinging bowler, who has many records in his name till the date. His downfall
started when he started to focus on his batting, trying to be an
all-rounder. People often forget the
domain in which they are better and try to establish themselves trying in a new
context.
The book answers a lot
of management questions which you’re having.
He is very straight in his way of narrating. It may make some lazy bunch
of people curse him for his differentiation theory. The
“Your Company” and “Your Competition” sections gave some good insight for
people at the top of a company, whether they are owners or just top-level
management. The “Your Career” section gave some bottom-line advice about one’s
own choices made in life.
The
author is aware of management terminologies and boredom if he narrates only
using business organizations. He uses base ball game very fluently and
describes very smoothly about the team work and what management must do to
ensure the team spirit. The comparison goes hand in hand with baseball team and
corporate sector.
The
book successfully explains about the crisis management. The manager roles are
explained very effectively. The positive approach emphasized by the author is
very appreciating during worst case scenarios.
When
it comes to the strategy the author backs upon making clear cut choices on
competition. If the strategies are providing good results and expansion of the
business, there is no need to change it. That’s indeed a very simple, but
riskless and efficient logic for the companies.
He
lends us his view on the budgeting and its effect on the company functions. In
the “Your competition” section, he speaks about the companies trying to expand
their bodies to run new ventures, which could be very disastrous. The resources
available will not be good enough, unless we get the experts to play their role
on the respective venture.
The
six sigma concept was not so complete like he described the other topics.
Relating six sigma concepts with a dentist was not convincing, may be because
he had explained other topics using baseball game and pizza for teamwork and
competition more effectively.
For
a fresher this book means a lot, there is clarity in explanations regarding
selecting the job, about the pay and finding the like-minded co-workers or to
be in a better place where you are suitable. If you enjoy what you do, you will
succeed eventually. It’s like the broker turned to CEO as of in the real time
example by the author.
He
describes working for Fortune 500 companies is like winning Olympic medal. He
does not forget to mention that there are smaller companies in which they offer
experiences and exposures which are very classy.
The
selection of job is something more than important. If you do not have heart on
what you are doing you will not be excited. You end up as pale employee. Every
time luck won’t be favoring you. The student who attends interview for being
employee at Wal-Mart is a car freak, just because of the pressure and intension
of his father he was at Wall-Mart. The world could not have known Pranav Mistry
or Sachin Tendulkar if they had swapped their intensions because of someone
else’s dream. The author is very scintillating about the right job selection
and he delivers his view in the best way possible.
It’s
a must read book for jobseekers looking for their first job, managers, and
everyone has something to fetch for themselves in “WINNING”.
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