John A. Byrne

Jack Welch

In an anticipated book on business management for our time, Jack Welch surveys the landscape of his career running General Electric, one of the world's largest and most successful corporations. Here he reveals his philosophy and management style.

Straight from the Gut

Jack

Mike Barnicle

Timeo Williams

Jack Welch's approach to business embodies much of the thinking of corporate America in the late 20th century. 

Much of it has valid principles to it. The ideas of finding actualizable goals to accomplish and test rather than attempt it under theoretical premises is a solid recommendation to businesses.

Keeping integrity as a value is super important. 

Finding and retaining the best people certainly helps.

The idea of cutting the lowest 10% of the work force, "rank and yank", may not be the best idea, but to each their own.

Profit sharing and rewarding employees with stock options is certainly a good thing. Southwest employed a somewhat similar strategy.

It's important to recognize where GE's business were focused on: industrials, finance, healthcare and aviation and a dabble in entertainment.

The way these companies were ran was much akin to typical industrial-revolution based methodologies, not so much for very creative industries and fields.

Jack Straight from the Gut

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