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.
I will be reviewing his book "Straight from the Gut" in my next post. Get the book and enjoy the reading.
No comments:
Post a Comment