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Title: Welch

Subtitle: An American Icon

Author: Janet Lowe

Narrator: Jeff Riggenbach

Format: Abridged

Length: 2 hrs and 53 mins

Language: English

Release date: 07-19-02

Publisher: Penton Overseas

Ratings: 4 of 5 out of 1 votes

Genres: History, American

Publisher's Summary:

Jack Welch's ability to spot opportunities and strike swift deals throughout his 40-year career has helped make GE the most valued company in the world today. Now, his innovative business philosophies are revealed in this rare perspective. With the help of interviews from today's leading CEOs and other GE executives, financial writer Janet Lowe uncovers Welch's unique management style and explores his unprecedented rise as a global leader. This informative work offers a candid discussion of what Welch has brought to American business and what he will leave as his legacy. It provides new insights into the strategies that have made GE a global power. And it translates Welch's vision and values so that anyone can learn from them.

©2001 Janet Lowe; (P)2001 Penton Overseas, Inc.

Critic Reviews:

"Lowe promises a balanced look at Welch." (Publishers Weekly)

Members Reviews:

Need more about Welch Himself, Less of G E's Balance sheet.

The story was more of a report of what GE did and not how Mr. Welch did it. I was looking for more behind the scenes tactics and ways he pulled off the deals and buy outs. the beginning was good about his younger days and going to College, but Welch himself faded as the story of GE's balance sheet went on.

Underwhelming

I would have rated this book higher were it the only book on its subject. In fact, Lowe and others have already written or edited an abundance of material about Welch. Moreover, judged as a biography or as a critical analysis, the book is solid but (for various reasons) nowhere near as lively as recent biographies of DiMaggio, Daley, Orwell, Chandler, Chaucer, and Greenspan. Perhaps it is Lowe's writing style. Perhaps it is her often deferential attitude toward Welch as icon. Perhaps it is the relatively modest amount of information about Welch as an imperfect (albeit extraordinary) human being. Frankly, I had hoped to obtain previously unavailable information about various transitions in his life as well as in his career. Or at least learn more about what his career transitions reveal about his values. And especially more about his reflections on past mistakes as well as successes. I plan to wait a month or two and then re-read this book. Perhaps I will then agree that it is the "fascinating and rewarding book" which George Kozmetsky claims, as quoted on the dust jacket. For now, I rate it OK.

Poster Boy for Capitalism

There is no doubt that Jack Welch is among the most influential Americans in the last 20 years. His business ideas, corporate philosophies and ability to make decisions on such a broad business scale is unmatched in recent American business history. Even his most vocal critics, who attack him on a variety of issues including corporate greed, and his profit at all costs mentality, are ironically attacking core American business values over the last 25 years, and Jack Welch is simply the best at carrying out that philosophy.

The book itself was a bit disappointing. It reads like a series of one-page articles from Fortune or Forbes magazine, taking sweeping views of topics and interjecting some quotes and context here and there from Welch, and others in the industry. In fact, a quick glance at the index shows much of the material used in writing this book came from those sources. There are far too few revelations into his character, and why he does what he does.