Welch. An American Icon

  • ID: 2210294
  • Book
  • Region: United States
  • 304 Pages
  • John Wiley and Sons Ltd
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Praise for Welch: An American Icon

"Welch: An American Icon is a thoroughly researched addition to your business library. No matter how much you have read about Welch, you will certainly learn something new by reading this book."

–George Eckes, Management Consultant and author of The Six Sigma Revolution: How General Electric and Others Turned Process into Profits

"Janet Lowe has written a fascinating and rewarding book . . . Welch is more than an icon. Lowe has identified Welch′s dynamic, rhythmic, and forward–looking, yet sometimes turbulent legacy, for many generations to come. That legacy sets forth basic principles, structures, and constructs for a twenty–first–century multinational industrial corporation that operates globally to facilitate the rate of change in zero time for shared and equitable prosperity at home and abroad."

–Dr. George Kozmetsky

Executive Associate for Economic Affairs

The University of Texas System
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Preface 7

Acknowledgements 11

Part I The Jack Welch Legacy 13

Chapter One The House of Magic: How Welch Became an American Icon 27

Chapter Two The Gospel of Good Management 49

Part II General Electric Then and Now 69

Chapter Three The Companies General Electric Dumped 81

Chapter Four The Companies General Electric Acquired 93

Chapter Five Building from Within 113

Chapter Six The Globalization of General electric 129

Chapter Seven Wired Welch 147

Chapter Eight The Dark Side of the Legacy 167

Part II The Future 189

Chapter Nine The Meta–Corporation: General Electric after Welch 201

Chapter Ten Welch after General Electric 223

Chapter Eleven Welch s Place in History 235

Appendixes 245

Appendix A General Electric and Jack Welch: The Chronology 247

Appendix B GE Values 255

Appendix C The CERES Principles 257

Appendix D General Electric Businesses 261

Appendix E General Electric–Nineteen–Year Performance Figures: 1980–1999 275

Notes 277

Index 297

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Janet Lowe
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