THE WELCH WAY
24 lessons from the world’s greatest CEO
by  JEFFREY A. KRAMES

“Jack welch transformed GE into the world’s most valuable corporation – and become one the history’s most admired and successful CEO’s – by cutting through bureaucratic noise and letting hands-on, frontline employees tell him what needed to be done.”

LEAD

• Articulate a vision, and spark others to execute it
• Don’t manage every excruciating detail
• Involve everyone and welcome great ideas from everywhere

GET LESS FORMAL

• Brainstorm with colleagues and bosses
• Hold more informal meeting
• Consider a once in a while informal get together

BLOW UP BUREAUCRACY

• Drop unnecessary work
• Work with colleagues to streamline decision making
• Make your place more informal

FACE REALITY

• Look at things with a fresh eye
• Don’t fall into the “ false scenario” trap
• Leave yourself with several option