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Title: The Jack Welch Lexicon of Leadership: Over 250 Terms, Concepts, Strategies & Initiatives of the Legendary Leader by Jeffrey A. Krames ISBN: 0-07-138140-6 Publisher: McGraw-Hill Trade Pub. Date: 17 August, 2001 Format: Hardcover Volumes: 1 List Price(USD): $19.95

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Average Customer Rating: 4.6 (10 reviews)

Rating: 5
Summary: Convenient Access to "The Welch Way"
Comment: Krames makes skillful use of the lexicon format to present the essential concepts, principles, and values by which Welch led GE for more than 20 years. He achieves three goals:

1. "To give readers a guided tour of the language and strategies of all things Welch"

2. "To impart additional insights into Welch's key company initiatives"

3. "To chronicle the evolution of Welch's leadership thinking"

Krames presumably had a difficult choice when selecting a format. He had several options, including alphabetical sequence (items listed A to Z) and chronological narrative (permitting career milestones and cause-and-effect decisions to illustrate business values and principles). Given the wealth of material at Krames's disposal, either format could have been effective but each poses certain challenges. For example, deciding where an especially complicated subject such as "Six Sigma" fits ("C" for Concept? "P" for Process? "Q" for Quality? or "Six" for obvious reasons). Ultimately, the format is merely a convenience for the reader to locate specific subjects.

For me, the book's greatest value is derived from Krames's masterful cross-correlation of specific subjects within their respective historical contexts. He carefully examines several of Welch's key initiatives: turning the GE hierarchy on its head (1989), launching the "employee-driven quality" campaign throughout GE (1995), introducing the product services movement (also 1995), and GE's "e-Initiative" (1999). Each of these and other initiatives had a background and each has since had profound impact, nor only on GE but on its multi-dimemsional global marketplace. Moreover, each of these and other decisions illustrates most (if not all) of what Krames refers to as "recurring Welch themes": command-and-control is not the best way to run a company; involving everyone is the key to enhancing productivity; ideas and intellect rule over hierarchy and tradition; market-leading businesses can ensure long-term growth; finding leaders who live the values is more important than finding those who make the numbers; and finally, developing a learning culture is the key to creating a competitive enterprise.

Those who share my high regard for this book are encouraged to check out Jack: Straight from the Gut (Welch), Get Better or Get Beaten! (Slater and Krames), Jack Welch and the GE Way (Slater), and Business the Jack Welch Way (Crainer).

Rating: 5
Summary: A Great Introduction to Jack Welch Strategies!
Comment: I have known who Jack Welch is but had never read any books on him. With all of the recent attention regarding Mr. Welch I decided it was time to read about him. But I wanted a book that would focus on his philosophies and strategies.

I found Jeffrey Krames' book to be an exceptional book introducing me to the business philosophies and strategies that Welch has brought into the world. Krames takes the time to clearly explain the concepts from impetus to actual practice and what the results were for GE.

Many of these strategies/philosophies can easily be applied to my position as a software salesperson. I know I will read other material on Mr. Welch, but the Lexicon of Leadership book will be kept in my office as a reference manual!

Rating: 1
Summary: Trite
Comment: ...I found this book to be very trite and not worth the money spent. What amounts to idol worship and an attempt to cash in on the celebrity of Mr. Welch is not worth reading. It will be interesting to see in a few years how Jack is looked at as a leader - will he be seen as a icon of corporate good or will be be the next Al Dunlap - only time will tell.

As far as this book is concerned, pass on it. If you are that interested in Jack pick up his own book or the Janet Lowe bio.

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	Title: Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO by Robert Slater ISBN: 0070581045 Publisher: McGraw-Hill Trade Pub. Date: 31 July, 1998 List Price(USD): $24.95
	Title: 29 Leadership Secrets From Jack Welch by Robert Slater ISBN: 0071409378 Publisher: McGraw-Hill Trade Pub. Date: 28 September, 2002 List Price(USD): $9.95
	Title: Get Better or Get Beaten by Robert Slater ISBN: 0071373462 Publisher: McGraw-Hill Trade Pub. Date: 26 February, 2001 List Price(USD): $22.95
	Title: The GE Way Fieldbook: Jack Welch's Battle Plan for Corporate Revolution by Robert Slater ISBN: 0071354816 Publisher: McGraw-Hill Trade Pub. Date: 23 November, 1999 List Price(USD): $24.95