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Jack Welch’s Success Story
Many ponder upon the question of “What makes a good leader? ... Unfortunately, in Business the Jack Welch Way, Stuart Crainer points out that this is an incorrect approach. ... Rather than prescribing a list of “dos” and “don’ts,” Crainer writes about the tactics that Jack Welch, former Chief Executive Officer of General Electric, employed in his strategy in the hope that they will serve as a guideline to help his readers discover their own. ... He built up the organization in three stages: destruction, which involved downsizing, construction, which was rebuilding the company “the Jack Welch way” through an all people involvement initiative called “Work-Out,” and quality, by instituting a Six Sigma approach (Crainer 14). ... The benefits of destroying or at least weakening the traditional organizational hierarchy can be measured by looking at GE’s success as well as at the numerous other corporations and large partnerships that have been modeling its decentralization approach. ... He pursued a “conservative” strategy, which, of course, is not the only road to success and by far does not fit every type of organization. ... He claimed that customers are the most essential elements to an organization’s success and even used them to measure the company’s performance. ... However, the author stresses that although obviously victorious, Jack Welch might not have necessarily been so were he the CEO of another organization or had a different CEO applied his style at GE.
Approximate Word count = 1148
Approximate Pages = 4.6
(250 words per page double spaced)
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