The Jack Welch Lexicon of Leadership: Over 250 Terms, Concepts, Strategies & Initiatives of the Legendary Leader

by Jeffrey A. Krames and Jack Welch

Book Overview

Presents the ideas and strategies of Jack Welch. This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0071381406
• ISBN13: 9780071381406
• Release Date: August 2001
• Publisher: McGraw-Hill
• Length: 224 Pages
• Weight: 1.01 lbs.
• Dimensions: 0.9" x 5.7" x 8.4"

Customer Reviews

Dr. Joe Goldblatt

As Dean and Professor at the Alan Shawn Feinstein Graduate School at Johnson & Wales University I have adopted Mr. krames book as the major theme for our 700 MBA students. The succint, valid, and sophisticated manner in which Mr. Krames transmits Mr. Welch's ideas and philosphies is remarkable. The next best thing to Jack Welch is Jeffrey Krames and this book is the inner psyche of one of the world's greatest business legends. I strongly recommend this book to instructors, business leaders, and managers in every field. It is a one stop shopping trip of the wisdom and intellectual stimulation provided by Jack Welch through his alter ego, Jeffrey Krames. This book should be on the list of every "Great Business Books" series for the world's top business schools and on the shelf of every manager anywhere in the world.

Practical and Inspiring

This author puts Jack Welch's tools to succeed in business and in life in the reader's hands. It really hits the mark by accurately blending practicality and inspiration. Comprehensive in its coverage, this book takes you through all the phases of modern business yet it is timeless in its application. Truely, a book to be referred to over and over. A real gem that will age well, because the lessons learned here gain in depth and significance as time passes.As a sales consultant and trainer, I find this content provides the reader a roadmap to success and enables them to control their destiny.

Convenient Access to "The Welch Way"

Krames makes skillful use of the lexicon format to present the essential concepts, principles, and values by which Welch led GE for more than 20 years. He achieves three goals: 1. "To give readers a guided tour of the language and strategies of all things Welch"2. "To impart additional insights into Welch's key company initiatives"3. "To chronicle the evolution of Welch's leadership thinking"Krames presumably had a difficult choice when selecting a format. He had several options, including alphabetical sequence (items listed A to Z) and chronological narrative (permitting career milestones and cause-and-effect decisions to illustrate business values and principles). Given the wealth of material at Krames's disposal, either format could have been effective but each poses certain challenges. For example, deciding where an especially complicated subject such as "Six Sigma" fits ("C" for Concept? "P" for Process? "Q" for Quality? or "Six" for obvious reasons). Ultimately, the format is merely a convenience for the reader to locate specific subjects.For me, the book's greatest value is derived from Krames's masterful cross-correlation of specific subjects within their respective historical contexts. He carefully examines several of Welch's key initiatives: turning the GE hierarchy on its head (1989), launching the "employee-driven quality" campaign throughout GE (1995), introducing the product services movement (also 1995), and GE's "e-Initiative" (1999). Each of these and other initiatives had a background and each has since had profound impact, nor only on GE but on its multi-dimemsional global marketplace. Moreover, each of these and other decisions illustrates most (if not all) of what Krames refers to as "recurring Welch themes": command-and-control is not the best way to run a company; involving everyone is the key to enhancing productivity; ideas and intellect rule over hierarchy and tradition; market-leading businesses can ensure long-term growth; finding leaders who live the values is more important than finding those who make the numbers; and finally, developing a learning culture is the key to creating a competitive enterprise.Those who share my high regard for this book are encouraged to check out Jack: Straight from the Gut (Welch), Get Better or Get Beaten! (Slater and Krames), Jack Welch and the GE Way (Slater), and Business the Jack Welch Way (Crainer).

A Great Introduction to Jack Welch Strategies!

I have known who Jack Welch is but had never read any books on him. With all of the recent attention regarding Mr. Welch I decided it was time to read about him. But I wanted a book that would focus on his philosophies and strategies.I found Jeffrey Krames' book to be an exceptional book introducing me to the business philosophies and strategies that Welch has brought into the world. Krames takes the time to clearly explain the concepts from impetus to actual practice and what the results were for GE.Many of these strategies/philosophies can easily be applied to my position as a software salesperson. I know I will read other material on Mr. Welch, but the Lexicon of Leadership book will be kept in my office as a reference manual!

A real find!

This is an excellent book! It is well written and contains a great deal of interesting information.If not already familiar with Jack Welch, this book is a great introduction and overview of his many accomplishments and business techniques.If you are already a Jack Welch fan, Lexicon of Leadership will provide you with new insights to the reasons for his continued successes, and does a much better job than previous "Jack Welch" books in capturing the essence of his business strategies.For any individual in business, this book can be used as a roadmap to success. The concepts tht Jack Welch employed over his career are timeless, and Lexicon of Leadership has captured and explained these concepts in such a manner that they are immediately understood and can be transferred to today's business climate easily and effectively.