Monday, May 11, 2009

Jack Welch Author - Straight from the Gut


Jack Welsh, former CEO of General Electric, presents a rare glimpse into how to build a successful organization in his book, "Straight from the Gut." His honesty and openness is refreshing and reaffirms that success is sometimes built from failure, but more often from calculated planning and the willingness to take risks.

Born in Salem, Massachusetts, Jack received his undergraduate degree from the University of Massachusetts and an MS and PhD in chemical engineering from the University of Illinois.  He began his career with the General Electric Company in 1960, and in 1981 became the Company’s 8th Chairman & CEO.  During his 20+ year tenure as CEO, the Company’s market capitalization rose from $13 billion to $400 billion, while revenues grew from $27 billion to $125 billion and earnings grew tenfold to almost $14 billion.  In 2000, he was named "Manager of the Century" by Fortune magazine.

 When Jack Welsh was asked what business he was in, he simply replied “the people business.” The greatest resource for any company is their people. However, in today’s fast paced global workplace usually the people are the most under utilized resource. For those CEO’s, managers, business owners and even educators who wish to improve their outcomes, this book is a must read.

I will be reviewing his book "Straight from the Gut" in my next post. Get the book and enjoy the reading.

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