"Jack Welch and the GE Way"
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The paper discusses Robert Slater's work "Jack Welch and the GE Way: Management Insights and Leadership Secrets of the Legendary CEO" and looks at how Welch reduced the managerial force and their control to help GE become more competitive. The paper notes this strategy's successes and asserts that Welch and GE led the way in making large corporations more responsive and productive. The paper contends, however, that by removing these layers of bureaucracy, control and management, necessary oversight was lost in GE. The paper believes that this fostered a culture of corporate irresponsibility and unresponsiveness that has caused the large number of ethical lapses at GE.
From the Paper:"Robert Slater writes in Jack Welch and the GE Way: Management Insights and Leadership Secrets of the Legendary CEO that one of Jack Welch's primary strategies is "Speed, simplicity, and self-confidence." A big company must move with the agility of a small company in order to stay competitive. Welch wanted GE to be lean and mean. To accomplish this he stated clear goals about the role of managers and the role of bureaucracy. Welch hammered home the idea that a controlling management style would slow down productivity, stifle ideas, and make GE sluggish. Welch's idea (as written by Slater) that less control and less bureaucracy improve GE business is flawed logic, however, because this strategy has led to a business environment at GE that allows and encourages ethical lapses and integrity violations."
Cite this Book Review:
"Jack Welch and the GE Way" (2010, April 01) Retrieved January 28, 2022, from https://www.academon.com/book-review/jack-welch-and-the-ge-way-119115/
""Jack Welch and the GE Way"" 01 April 2010. Web. 28 January. 2022. <https://www.academon.com/book-review/jack-welch-and-the-ge-way-119115/>