Jack Welch and The 4 E's of Leadership How to Put GE's Leadership Formula to Work in Your Organizaion

by Krames, Jeffrey

• ISBN13: 9780071457804
• ISBN10: 0071457801
• Edition: 1st
• Format: Hardcover
• Copyright: 2005-05-21
• Publisher: McGraw Hill

Summary

The 4e's of leadership is the leadership model that helped make Jack Welch the greatest CEO of his day, and GE the most valuable corporation in the world. In his 20+ years at the helm of General Electric, Welch transformed a mature manufacturing company into an ageless, services juggernaut.He increased the value of the company more than thirty times over, and under his leadership, GE turned out more Fortune 500 CEO's than any other company in history. He said "the smartest people in the world hire the smartest people in the world," but looked for much more than smarts. The 4e's helped him to find and develop leaders that would live up to GE's high-octane, performance-based culture. Those that scored high in all four "e" categories (e.g. the 4e Leader) were the ones that would help him fulfill his goal of building the world's most competitive organization.THE 4E's:bull; Energy. Welch says individuals with energy love to "go, go, go." Everyone knows these types, the ones with boundless energy, who get up every day ready to attack the job at hand. High-energy people move at 95-miles-per-hour in a 55-mile-an-hour world.bull; Energisers know how to spark others to perform. They outline a vision and get people to carry it out. Energizers know how to get people excited about a cause or crusade. They are selfless in giving others the credit when things go right, but quick to accept responsibility when things go awry.bull; Edge. Those with edge are competitive types. They know how to make the really difficult decisions, never allowing the degree of difficulty to stand in their way. These are leaders who know how to make what Peter Drucker calls "the life and death" decisions: hiring, firing and promoting.bull; Execute. This is one of the real keys to the entire 4e Model. The first three "e's" are essential, but without measurable results, the other "e's" are of little use to an organization. People who execute know that activity and productivity are not the same thing. The best leaders know how to execute. They know how to convert energy and edge into action and results.

Author Biography

Jeffrey A. Krames is the author of The Jack Welch Lexicon of Leadership,What th Best CEOs Know, and The Welch Way. All of his business books have been named "Best Leadership Books of the Year" by Library Journal. Krames is a frequent guest on CNN, CNBC, and Fox News Channel. His work has appeared in the New York Times, the Wall Street Journal, and the Los Angeles Times.

Table of Contents

Introduction: The 4E Leader: Jack Welch's Winning Leadership Formula	1	(22)
PART 1: The 4E's of Leadership	23	(96)
The 4E Leader Has Energy	25	(24)
The 4E Leader Energizes	49	(26)
The 4E Leader Has Edge	75	(20)
The 4E Leader Executes	95	(24)
PART 2: Leadership Lessons from the 4E All-Stars	119	(94)
``Blow It Up''	123	(20)
How Jeff Immelt Reinvented the House that Jack Built
Make Leadership Development a Top Priority	143	(16)
How James McNerney Built on the Welch Playbook
Execution Is Everything	159	(16)
How Larry Bossidy Makes Things Happen
Enhance, Extend, Expand	175	(22)
How Robert Nardelli Gave Home Depot a Makeover
Go on the Offense When Others Retrench	197	(16)
Vivek Paul's Bold Strategic Moves
How to Use This Book in Training, Management Workshops, and Performance Reviews	213	(16)
Acknowledgments	229	(2)
Sources and Notes	231	(12)
Index	243