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Jeffrey A. Krames
Jack Welch and the 4 E's of Leadership
McGraw-Hill, 2005
What's inside?
Famed CEO Jack Welch offers a model leader with 4E`s: has energy, energizes others, works the edge, knows how to execute.
Recommendation
Jeffrey A. Krames’ book adds another paragraph or two to the Jack Welch entry in the annals of business history. "Neutron Jack" kept people from getting too comfortable, once explaining that it wasn’t 100,000 General Electric (GE) employees he eliminated, it was 100,000 GE positions. His radioactive personality aside, Welch had remarkable success grooming top corporate leaders. The equity value of companies run by Welch’s protégés - including GE, 3M, Home Depot and Honeywell - may well exceed some national budgets, so it is interesting to learn what qualities Welch encouraged as a mentor. Welch’s "4E’s" of leadership help explain how he generated so much value over the years for his grateful shareholders. Krames extracts leadership ideas from Welch’s track record and makes them quick and handy. Although the book is more useful than original, getAbstract finds that the articulation of the 4E’s, and the profiles of Welch’s protégés make it a solid addition to any business library.
Summary
About the Author
Jeffrey A. Krames, a frequent guest on CNN, CNBC and Fox News Channel, is the widely published author of The Welch Way, The Jack Welch Lexicon of Leadership, The Rumsfeld Way and What the Best CEOs Know. He is also Vice President and Publisher of McGraw-Hill’s trade business book division.
Comment on this summary
I had some of the ideas due to my experience, but this book aligned my thinking process.