4E's and one P in GE

I got hold of Jack Welch's book "Straight from the Gut" at an unusual place. From a charity fundraiser shelf at the local Stop n' Shop. "One more book !" my wife objected so I moved some others to the basement and promptly congratulated myself displaying  2  of the 4 E's (Edge and Execution)!

Interacting with numerous executives,students and alumni of GE , its customers and suppliers makes Jack Welch's stuff resonate with me. How can you possibly make an elephant like GE dance ?  Well apparently you can and Jack did and I believe Jeff Immelt continues to do. For leadership and "high pot" ( read high potential) GE started with evaluating managers for high personal Energy (E1); Ability to Energize others (E2) ; Having Edge or ability to decide quickly (E3). Yet despite high scores on all three E's , some managers still did not get results and the numbers they were supposed to achieve. So Jack Welch figured that there was a 4th E ie Execution that was vital. You needed to deliver the first three E's or it really did'nt matter! Threading all of this is Passion - (the P) to get things done.

Comments

[panasianbiz.com]

I've heard some good stuff about this book but I've yet to read it myself. I'm always interested in learning more about good management qualities and techniques, and learning from the experiences of those who've proven themselves successful in the business world.