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It is a straight forward book that goes into all aspects of running a business and becoming a successful leader. Welch Winning essays on leadership in and spends his time traveling around the world giving speeches, answering questions and giving advice about how to be able to run a successful business.
After a couple of years of touring and giving advice he decided to put it down on paper and wrote the book Winning. Welch takes a look at every level of a business, whether it is a large or small company, the philosophy and practices should be the same.
The book is divided into four sections. The first section is called Underneath It All and it takes a look at missions, values, using candor, differentiation and voice and dignity. The second section is called Your Company and has sections about leadership, hiring, people management, parting ways, change and crisis management.
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The third section is titled Your Competition and deals with strategy, budgeting, organic growth, mergers, acquisitions, and six sigma. The fourth section is about Your Career. We will write a custom essay sample on Winning by Jack Welch Order now More Essay Examples on It discusses areas such as finding the right job, getting promoted, hard spots and having a work-life balance.
The one thing that stood out to me in this first section and is mentioned time and time again throughout the book is candor. Welch has talked about using candor for over twenty years and is amazed that it is not used as much as it should be.
Say what you feel, etc. He believes that a company will run much better with candor going on. Welch has a theory about candor that he calls the Candor Effect.
There are three parts to the candor effect. The first part has candor getting more people talking and sharing ideas which brings an advantage to any business. The second part is that candor can generate speed. Things will happen much faster when it is out in the open. The third part of the candor effect is that candor can actually cut costs.
Welch also knows that it is hard for many to go with candor because people like to be nice to others and not necessarily speak their mind.
Along with candor in the first part of the book is a chapter about missions and values that a company needs. They take a lot of time and energy to develop and get into practice. To be successful there has to be a big commitment to make it work. The top of the companies are the people who should be responsible for the mission statements since they ultimately will be the ones responsible for whether things go the way they should or not.
Probably one of the most interesting parts of the first section of his book is the chapter entitled Differentiation. Welch breaks down the type of employees a company has and what their roles should be. He has a theory about people. The top 20 percent are the people who get the bonuses, praise, etc.
The middle 70 are sort of middle of the road and the majority of the employees. Some of them able to be pushed up to the top 20 and some of them are just the average but still very important to the success of the company.
They must feel they are important in their own way to make a company run. The bottom 10 and the ones managers, etc.
They will slow profits and are not helping the business in the long run. The middle 70 must be managed differently and are probably the hardest group to manage.
After all, they are the majority of your employees.Essay on Leadership: Meaning, Nature and Importance of Leadership! “Leadership is the quality of behavior of individuals whereby they guide people or their activities in organising efforts” — Chester I.
Barnard “Leadership is the ability of a superior to induce subordinates to work with. Hayley Capp, winner of the QS Leadership Scholarship, shares her top tips on how to write a winning scholarship application essay.
There is no one way to write a winning scholarship application. If you gathered together all the scholarship entries that have ever won a prize, you would find it. Reasonable people adapt themselves to the world. Unreasonable people attempt to adapt the world to themselves. All progress, therefore, depends on unreasonable people.
Essay on Leadership: Meaning, Nature and Importance of Leadership!
“Leadership is the quality of behavior of individuals whereby they guide people or their activities in organising efforts” — Chester I. Barnard “Leadership is the ability of a superior to induce subordinates to work with.
View MBA application requirements for Columbia Business School's MBA programs. Start your MBA application today. Winning by Jack Welch Essay. Winning by Jack Welch The book Winning by Jack Welch was written in - Winning by Jack Welch Essay introduction. It is a straight forward book that goes into all aspects of running a business and becoming a successful leader.