Friday, May 27, 2005

Winning by Jack Welch, other lessons of leadership

This is a stunning new book by Jack Welch who has been a great influence in my professional life. I was a little skeptical when I picked up the book at first as a rehash of his autobiography, but was pleasantly surprised.

One section that is very useful is the strategy section, or how NOT to do strategy. The exercise to follow the latest analyst trend devoid of competitive assessment is weak, and really needs to be changed to what he recommends - an honest candid view of where we are today, and where we want to go ,and the obstacles to get there.

The problems in doing this: a) no time from top management for true strategic analysis, besides traditional SWOT. b) Candid discussions killed due to politics c) People in the room not qualified/interested

I guess its frustrating to see problems happen when solutions are in sight, and not having the ability to do anything about that at a macro level.

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