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Jack Welch (1935–2020)

Author of Winning

41+ Works 3,729 Members 49 Reviews 4 Favorited

About the Author

He joined GE in 1960. In 1981, he became the eighth chairman & CEO. He lives in Fairfield, Connecticut. (Publisher Provided) John Francis "Jack" Welch, Jr. was born on November 19, 1935 in Massachusetts. He is a retired American business executive, author and chemical engineer. He was chairman and show more CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4,000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he took a severance payment of $417 million, the largest such payment in history. Welch was accepted to University of Massachusetts Amherst, where he studied chemical engineering. Welch graduated in 1957 with a Bachelor of Science degree in chemical engineering, turning down multiple corporate offers in order to attend graduate school at the University of Illinois. He graduated from the University of Illinois in 1960 with a Master's degree and a PhD in chemical engineering. Welch joined General Electric in 1960. He worked as a junior chemical engineer in Pittsfield, Massachusetts. By 1968, Welch became the vice president and head of GE's plastics division. Not soon after, in 1971, Welch also became the vice president of GE's metallurgical and chemical divisions. By 1973, Welch was named the head of strategic planning for GE. In 1981, Welch became GE's youngest chairman and CEO. Welch has authored several books throughout his career. In 2015 his title TheReal-Life MBA: Your No-BS Guide to Winning the Game, Building a Team, and Growing Your Career which he wrote wit his wife, made the New York Times Best Seller List. (Bowker Author Biography) show less
Disambiguation Notice:

3) Jack Welch (1941-1996) - Decision in Paris

Image credit: Photographed at BookPeople in Austin, Texas by Frank R. Arnold

Works by Jack Welch

Winning (2005) 1,706 copies, 22 reviews
Jack: Straight from the Gut (2001) 1,696 copies, 22 reviews

Associated Works

Tagged

audiobook (10) autobiography (61) biography (107) business (304) business strategy (7) career (9) CEO (10) economics (8) finance (7) GE (14) General Electric (17) hardcover (8) Jack Welch (40) Leadership (167) management (147) memoir (8) non-fiction (109) own (15) read (11) self-help (18) signed (8) strategic planning (12) strategy (14) success (14) Success in business (9) to-read (74) values (7) Welch (11) winning (7) wishlist (8)

Common Knowledge

Canonical name
Welch, Jack
Legal name
Welch, John Francis, Jr.
Birthdate
1935-11-19
Date of death
2020-03-01
Gender
male
Education
University of Massachusetts, Amherst (BS|1957)
University of Illinois, Urbana-Champaign (MS|Ph.D|1960)
Occupations
capitalist
business executive
chemical engineer
Organizations
General Electric
Awards and honors
Fortune Manager of the Century (1999)
Cause of death
kidney failure
Nationality
USA
Birthplace
Peabody, Massachusetts, USA
Places of residence
Salem, Massachusetts, USA
Fairfield, Connecticut, USA
Place of death
New York, New York, USA
Disambiguation notice
3) Jack Welch (1941-1996) - Decision in Paris
Associated Place (for map)
USA

Members

Reviews

50 reviews
For context to this book, Jack Welch destroyed General Electric. His long tenure was full of bad decisions about mergers and acquisitions, poor management of GE Capital, tripling down on the fossil fuel industry right as the actual harms of global climate change and associated backlash were really ramping up, and utterly weird and bizarre cost-cutting measures that saved pennies at the expense of the goodwill of his employees. Welch has spent the years since building up his own ego and show more self-image as some kind of management master even as the company he left behind shed its appliance business, its electrical business, its transportation business, and others, all to try desperately to bring itself back above water.

This book contains no useful information. It is hundreds of pages of platitudes and dull and/or cryptic anecdotes. The biggest thing you get from it is a sense of the ego of the sort of person who destroys a company and pats themselves on the back for doing it. As a management guidebook it's awful. As insight into the C-suite mind it is fascinating.
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½
Jack Welch: Business man's god, tough-talker, golden-parachutist, steely-eyed capitalist with a PhD. Yes the man has a hypertrophied frontal cortex, but he shoots straight from the gut. (Which phrase, oddly enough, makes me think of projectile vomiting.) Somewhere, because of this review's snarky tone, Jedediah Purdy is weeping. Sorry, Jed.
Although I liked this book, I also found it unsettling.
It is indisputable that Mr. Welch achieved phenomenal success as a businessman.
But throughout the book, I kept wondering "Where is his family?" "What about his faith?"
Mr. Welch and those around him apparently lived and breathed business 24/7 for most of their lives and achieved what they believe to be "success." While that life certainly doesn't appeal to me, I guess I'm glad that there are people who are willing to work that hard to show more create products and services that benefit me and others.
On a side note, I had to snicker when Mr. Welch kept emphatically stating his commitment to "integrity." Anyone familiar with how his second marriage ended knows that he has problems in that area.
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Enthusiastic narration by [a:Mike Barnicle|3769|Mike Barnicle|https://s.gr-assets.com/assets/nophoto/user/u_50x66-632230dc9882b4352d753eedf9396530.png] really adds to this corporate memoir of the famous GE exec. Maybe it is this current economy, but I didn't find the tales of acquisitions and market dominance all that engrossing. I do give Welch credit for admitting to mistakes in some of this diverse, accelerated growth. I don't recall the 'Neutron Jack' moniker for his reputation of show more removing the people and keeping the buildings, but it must have been real as irksome to him. It made it to his obituary. It is interesting to hear how he became a Six Sigma evangelist and gives credit to this methodology driven by data and statistics to reduce defects and improve processes. There is a lot in the final act about his choice of a successor and the jet diplomacy that featured in that like in many of his ambitious deals. show less

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Statistics

Works
41
Also by
1
Members
3,729
Popularity
#6,791
Rating
½ 3.6
Reviews
49
ISBNs
132
Languages
17
Favorited
4

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