Jacked Up: The Inside Story of How Jack Welch Talked GE Into Becoming the World's Greatest Company

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Author: Bill Lane

ISBN-10: 1615526773

ISBN-13: 9781615526772

Category: Business Biography - Specific Individuals

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“Shockingly informative, unexpectedly funny, and a surprisingly good read about Welch’s tenure as GE’s CEO and CRO (chief rhetoric officer).” -Strategy + Business magazine When it comes to leadership, DO YOU KNOW JACK? NO MORE REPORTS:Jack got quiet for nearly a full minute, and stared down at the table with the semi-scowl that meant some kind of processing was going on. Then he said, loudly and decisively:“No, no, no! We’re not doing this any more. No more ‘reports.’ We’re sick of reports. The only pitches that are worth anything are when you tell people what they ought to do. Otherwise it’s just a waste.”And so it began, gradually, that GE began to move from a self-absorbed corporation to what Welch would later describe with much pride as “a real learning company.”A SHOUT FROM THE BATHROOM:One day Jack brought a copy of a letter he had been sent. It was written by one of our very senior business leaders “explaining” some Corporate initiative. The letter made no sense, and Jack read passages of it aloud, with inflections that emphasized the absurdities in what the man had written. Finally he stopped laughing long enough to render his final criticism.“It’s like something he yelled out the bathroom door to his secretary while he was sitting on the can. That’s it exactly. This is a shout from the bathroom.”THIS IS JACK: UNCENSORED, IRREPRESSIBLE, AND UNBEATABLEBill Lane joined GE as a speechwriter in 1980, after seven years at the Pentagon. From 1982 to 2001, he was Manager, Executive Communications for the Company, and Jack Welch’s speechwriter.

Introduction     xiPart ITorched by an A-Hole     1Retiring But Not Shy     5Reflections of a Pimp     11Bore Wars: Chet Lang and the Big Bang     13Death of a Pitchman     17Part III Can't Deal with this Anymore     23Mike's Big Day     27Crotonville High     35Prior Planning Prevents Piss-Poor Performance     37Fred's Bad Day     39Triumphs, Train Wrecks, Coronations, and Jack's Biggest Miss     43You're Going Nowhere at GE Unless...     45How to Succeed in Business by Really Trying     49Love-or Hate-at First Sight     51The View from the Bowling Alley     55The Bogus Boca Presentation     61Died and Went to Headquarters     65Selling Hats to Each Other     69Part IIIThe Russians Are Coming     73Hectoring the Hobbit     77Movin' On, Sideways     79Death to Strategic Planning     83Blubbering on the Stand     85From Grunt to Flunky     87The Marionette Meister     95Jacking Up the Commo     101Don't Dive.Swim!     103Part IVRestuffing Guts     107Gentle Meddling     111Called on the Carpet     113More Change via Negative Reviews     117Takes One to Know One     119Dead Man Talking     121"Stop Construction Today"     123Every Biopsy Doesn't Have to Come Back Positive     127I'm Okay; You're an A-Hole     129Bulletproofing the Love-In     131Part VDeath by Presentation at NBC     137Peeing on the Kidder Body     141A Shout from the Bathroom     143The Wright Stuff (Righted)     147Diversity Is Our ... er ... Strength     149Part VIFly Ball at The Pierre     155Black Clouds Lift the Stock     163The Chairman and the Strawman     165Don't Screw This Up     169Don't Care About It? Don't Do It!     173The 110 Percent Solution and Jack's Perks     175Wanna Drink Lunch with Us?     181The Firing Squad     185Part VIIWhy Gary Wendt     191Lack of Care Packages     199Seinfeld in Fairfield: The Yogurt Incident     203Order and Logic Out of Chaos     205Doin' Time     209Better Than the Best     211Herb Smokes Jack; Warren Lurks in His Nightmare     213The Welch Work Ethic     217The First Through the Drapes     221Crotonville Turkey Shoot     225A Pad in Front of You     229Part VIIIIf Your Wife Thinks It's Boring, It's Boring     233Danger: Flying Carrot Fragments     237Ringo's Rule     239The Perfect Annual Report     243"Not a Pennyworth of Difference"     249Part IXBore Wars Continue ...     251Lloyd's Law: A Learning Company     257The Bore Test. Are You Relevant?     261Larry Leaves. Lane Grieves. (On the Way to the Bank)     263The Inevitable (But Very Short) Golf Section     269Tough Jack to Follow     271Know Your Potential Enemy     275Out of the Gate and Serious     277Part XTell Me a Story     281The Dogs Are Your Friends     285What You Face If You're Black, Asian, or a Woman     289Ten Minutes! No More!     293PowerPoint Is the Enemy. Never Surrender      297On Being a Leader Rather Than a Projector Operator     301Do It All in Five Charts     303At the End of the Day     307Love Story     311Final Thoughts     315Index     317Boring Acknowledgments Section     323