This is not a book about
“Neutron” Jack Welch. Readers might be mistaken to
assume that since there is a photo of Welch on the cover, it may be
one more of the many books that have been written on the mercurial
executive who drove an unprecedented 20-year campaign on
transforming General Electric. Having read the other books on Welch
and GE, I took up reading this book with a misgiving on how it will
turn out, What a speechwriter who worked at GE going to write about
Jack Welch, the GE transformation and life in the company?
I was glad I was proven wrong. The book is more than Welch and life
at GE; it’s a viewpoint from the man himself who has been at
the core of the one thing that has made GE into the company that it
is today: Communication.
Bill Lane puts across the whole idea of why managers need to
communicate effectively in each chapter. And he uses Welch
beautifully to get his message across.
It’s nice to read that managers, who gave bad presentations
at Crotonville, N.Y. were pelted with paper balls. Managers, who
would one day lead conglomerates, would behave like schoolboys and
lob firecrackers at each other, all with the approval of Welch.
Crotonville with all the awe surrounding it, was just another place
where highly stressed out executives could be themselves and at the
same time emerge as business leaders.
It’s interesting to know that the top two attributes that
Welch looked for in a leader was IQ and fanaticism. He was ok with
his top management being a bit crazy. Surprisingly, even after
having seen the results at a company such as GE, these attributes
have yet to be fully appreciated by most leading companies and
their management.
One of the most important messages that I took away from the book
is: “There is one simple message that you need to understand
from this: No matter how important or unimportant your audience
is-whether they are aspiring ninth-grade writers, big shots, or
customers-never, ever, convey the impression that speaking to them
is a duty, a pain in the ass, or something other than what you
would rather be doing at the moment. Appearing nervous is fine. It
conveys to the audience that you care about how well you perform in
front of them; that they matter.”
The book is invaluable due to Lane’s insights, which came
with being one of the few people around him for over 20 years.
Insights into how Welch and he would argue in the hallways of the
company on what message should the annual report contain, how Welch
would browbeat analysts into pumping the GE stock to new highs with
well worded and designed presentations, and how they loved him for
doing it are quite interesting. Lane has molded the behavior
patters and thoughts of Welch into identifying with the reader the
essence of good communication and how it was done at GE.
Unlike most books Lane has at the end a “Boring
Acknowledgements Section,” where he lists down the people
that he would like to thank. In it he gives a reference to his
mother who had shown her distaste for the rough language that was
used in the book. To which Lane answers “Sorry Mom,
That’s the way everyone talked. GE is a combative,
competitive company, an emotional company, and we spoke like
combatants.”
Highly recommended reading for anyone who is in awe of GE and
Welch.