Jasso book review for winning jack welch
Review: winning by jack welch
Jingtian Tan Bus 109 Dr. Jasso 2/2 Book Review for Winning Jack
Welch, the if Winning, is a man who has had more than forty years of
experience in management and this is perhaps one of the reasons why the
book is among one of the most insightful reads concerning how to succeed
in the modern business environment. His many years as the head of
General Electric saw his continued success in leading the company
through some of its greatest moments of success around the world,
despite having to face a diverse number of markets as well as vicious
competition from its rivals. Because of his honest style of conducting
business, Welch has come to be considered one of the most influential
individuals in the business field and this has mainly been through his
relentless focus on the people who work for him, ensuring that they work
in teams in order to maximise profits. This book was mainly written due
to the massive demand for the insights in business as well as management
that could be provided by Welch from his many years of experience in the
field. Since Welch has gained inspiration from his audiences and their
need for proper guidance, he has written a book which is both rational
and practical concerning business practices, and it is likely to have a
massive influence for generations to come. The main lesson found in the
book is that all the people involved in any business are important and
have to be given the utmost attention so that they can be inspired to
work towards the achievement of the business’s goals.
When someone reads the book, one will come to the conclusion that its
main objective is to address individuals at every level of an
organization, in institutions which are both large and small. The book
can be said to be relevant to all people involved in the running of
organisation, from the lowliest of employees to the most senior
executives. In addition, one would say that the book is meant to inspire
those individuals who aspire for success to indeed take steps to achieve
their goals. The beginning of the book basically makes an outline of
Welch’s business philosophy, where he makes an exploration of the
importance of the various values, delineation as well as the dignity
that is supposed to be accorded to all individuals. The book further
makes an exploration of the diverse characteristics of work thatensure
that there is success in the business environment. For this reason, the
book can be said to have been split into three parts the first of which
is based on leadership and the way through which leaders can ensure that
they pick individuals and projects which are winners and make the
success happen. Among the most important tasks when dealing with the
management of employees is talent management which involves the
recruiting and employing of individuals who will work for a company.
This process provides a comprehensive overview of those primary
management issues that deal with attracting the best candidates for
vacancies, ensuring the reduction of staff turnover and most important
of all, ensuring that there is an improvement in the performance of
employees.
The second part of the book then considers the competition which the
company has to face to ensure that it is successful, and in this study,
there is a section concerning the different strategies that have to be
put in place when dealing with the said competition. It is a fact that
many individuals in the globalised economy in the modern world tend to
be attracted by high salaries instead of the work they are going to do
and it can be argued that when some companies experience fast growth,
they find it difficult to continue with the close relationship and
understanding with their employees which characterized them when they
were still small. It is therefore important for a company, in order to
maintain its success, to retain a close relationship with its employees
and as it grows in size and continues to spread its reach all over the
world, the large amount of money it makes should not negate its need to
treat it employees fairly.
The final section deals with how individuals should handle their
careers, and this begins from how they should find the type of job that
is most suitable for them as well as how to achieve the perfect balance
between work and life. It is, therefore, important for a company to
schedule regular training programs for its employees, that have to be
considered is often during the recruitment of new supervisors and other
leaders. It is inevitable that any new leadership within a company will
bring with it a diverse number of changes and in order to be able to
tackle this. This is the reason why many companies have found it
essential to develop training programs to deal with just such
circumstances.
In conclusion, it can be said that Welch makes some very important
points concerning management, especially in matters concerning
communication between the management and employees. This aspect of the
book is very important because the interaction between people within a
company is the glue that holds the employees of the said company
together. Without the aspects that are discussed in the book, all other
elements of the company would not be able to function, and in fact, they
would be virtually nonexistent. The book can therefore be said to be
very important means educating a company to function effectively and it
has even become more important today because of globalization which has
forced people to start working across cultures as opposed to when people
only used to work within their own cultures or societies. It is often
very difficult for a company to embrace the new means of management if
its leadership believes that its corporate culture is superior to all
other cultures and that the practices of others are not in accordance
its own views. Welch’s book shows that is important for a future manager
to embrace the cultures it encounters in new environments because this
will ensure that it is able to make swift changes that may be beneficial
to it. With swift changes in leadership and management practices, it
would be much easier for a future manager to be able to lead a company
to more profitability.
Jack in this book has made his central argument on winning in a business
venture. He actually admits that no other thing would have interested
him to write apart from how to succeed in a business. Winning is a good
thing in a business venture, because as a result people get employment
opportunities and consequently have high standard lives. However, he
states that winning is not only for personal gains and for pleasures
like buying vacation homes and establishing good retirement plans but
giving back to the community in a big way. His main objective is to make
his audience understand how a business succeeds and how different
entities gain from this success ranging from proprietors to employees to
the government.
Some of the most vital outcomes of winning in a business include,
increased job opportunities, taxes for our governments and realization
of self-actualization by various individuals who engage in business. On
the other hand, if it fails it creates financial insecurities and
defunct families in all spheres of the society.
Jack’s work also makes us learn that winning companies and their
employees are very vital for prosperity of an economy. Above all, they
are the foundation of liberalized and democratic societies. This simply
means that if a company has to win it must be in the right way.
Another important section is role of government in the winning of a
business. Government is an essential part of a society and especially in
business, this because it protects them from challenges posed by threats
of insecurity within a country. It also provides the justice system and
education that are important for build-up of a strong company.
This book’s future impact on mangers is that it will provide them with
guidelines, assumptions to adopt, rules and mistakes to avoid. They will
also be able to find and retain best players in their companies. The
lesson also instils positive thinking and virtue of sharing and learning
among mangers of recent times.