Winning
During his forty-year career at General Electric, Welch led the company to year-after-year success around the globe, in multiple markets, against brutal competition. His honest, be-the-best style of management became the gold standard in business, with his relentless focus on people, teamwork, and profits. Since Welch retired in 2001 as chairman and CEO of General Electric, he has traveled the world, speaking and answering questions. Now, he has written both a philosophical and pragmatic book, which lays out his answers. He begins with his business philosophy, exploring the importance of values, candor, differentiation, and voice and dignity for all. The core of the book looks inside the company, from leadership to picking winners to making change happen; outside, at the competition; and at managing your career--from finding the right job to achieving work-life balance
Stats for nerds
10recommend
17mentions
17people
2007–2026years
59% recommend24% neutral18% critical
Mentions per year
What Hacker News says
- I read that book and I think it's terrible.
Though the "God has not seen fit to distribute evenly the gift of intelligence" was funny and I can relate...
but otherwise, I wouldn't want to live in a society where people are secretly hating you but "speaking ill of no man" a.k.a. "not criticizing."
I liked the book Winning by Jack Welch more, which advocates for "candor," and is essentially the opposite of How to Win Friends.
- Advice to Founders and CEOs
- Dear Founder (Maynard Webb) - The Hard Things About Hard Things (Ben Horowitz) - Straight Talk for Startups (Randy Komisar and Jantoon Reigersman) - The Founders’ Dilemmas (Noam Wasserman) - The Entrepreneur’s Daily Nietzsche (Brad Feld and Dave Jilk) - Build (Tony Fadell) - Zero to IPO (Frederic Kerrest) - The Great CEO Within (Matt Mochary)
Finance
- Wharton's Introduction to Financial Accounting course: [https://www.coursera.org/learn/wharton-accounting](https://w... - How Finance Works: The HBR Guide to Thinking Smart About the Numbers (Mihir Desai) - Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers (Karen Berman and Joe Knight)
Open-Book Company (Employee Ownership, Financial Literacy, Goal-setting)
- The Great Game of Business (Jack Stack and Bo Burlingham)
Legal
- Acceleration (Ryan Roberts) - The Entrepreneur’s Guide to Law and Strategy (Constance Bagley and Craig Dauchy)
Company Strategy and Direction (post-product/market fit)
- Crossing the Chasm (Geoff Moore) - Zone to Win (Geoff Moore) - Only the Paranoid Survive (Andy Grove) - Blitzscaling (Reid Hoffman and Chris Yeh) - The Innovator's Dilemma (Clayton Christensen) - Good to Great (Jim Collins) - Playing to Win (A.G. Lafley and Roger Martin) - Tape Sucks (Frank Slootman) - Strategy vol. 1&2 (Harvard Business Review)
Pricing
- Monetizing Innovation (Georg Tacke and Madhavan Ramanujan) - Confessions of the Pricing Man (Hermann Simon)
Startup Phase
- The Lean Startup (Eric Ries) - The Four Steps to the Epiphany (Steve Blank) - Zero to One (Peter Thiel)
Management/Leadership
- The Effective Executive (Peter Drucker) - Managing Humans (Michael Lopp) - The Art of Leadership (Michael Lopp) - High Output Management (Andy Grove) - Managing Oneself (Peter Drucker) - Essentials: Management (First Round Capital) - The Making of a Manager (Julie Zhuo) - The Powell Principles (Oren Harari) - Radical Candor (Kim Scott) - Leading Matters (John L. Hennessy) (fantastic book list in the coda) - Turn the Ship Around (L. David Marquet) (this is THE book on delegation) - Principles (Ray Dalio)
COO/Succession Planning
- Riding Shotgun (Nathan Bennett and Stephen A. Miles)
People Performance/HR/Culture
- Powerful (Patty McCord) - No Rules Rules (Reed Hastings and Erin Meyer) - Netflix culture deck - The Five Dysfunctions of a Team (Patrick Lencioni) - Work Rules! (Laszlo Bock) - It Doesn’t Have to Be Crazy at Work (DHH and Jason Fried) - The Culture Map (Erin Meyer) - The Talent War (Mike Sarraille and George Randle) - Great People Decisions (Claudio Fernández-Aráoz) - The Holloway Guide to Technical Recruiting and Hiring (Ozzie Osman) - Punished by Rewards (Alfie Kohn)
Purpose, Passion, and Self
- Start with Why (Simon Sinek) - What You Do is Who You Are (Ben Horowitz) - Drive (Daniel Pink) - Mindset (Carol Dweck) - Grit (Angela Duckworth) - The Almanack of Naval Ravikant (Eric Jorgenson)
Fundraising/VC
- Secrets of Sand Hill Road (Scott Kupor) - Venture Deals (Brad Feld and Jason Mendelson) - Raising Venture Capital (Andy Sparks) - The Business of Venture Capital (Mahendra Ramsinghani) - Done Deals (Udayan Gupta) - The Power Law (Sebastian Mallaby) - VC (Tom Nicholas)
Board
- Boardroom Excellence (Paul Brountas) - Startups Boards (Brad Feld and Mahendra Ramsinghani)
M&A
- Winning (Jack Welch) - M&A chapter - Connecting the Dots (John Chambers) - M&A chapter
Marketing
- Data-Driven Marketing (Mark Jeffery) - Positioning (Al Ries and Jack Trout) - Scientific Advertising (Claude Hopkins) - Traction (Gabriel Weinberg and Justin Mares) - Behind the Cloud (Marc Benioff and Carlye Adler) - Ogilvy on Advertising (David Ogilvy) - Marketing High Technology (William Davidow)
Psychology
- Influence (Robert Cialdini)
Negotiation
First, read Influence (under Psychology), then, in order
- Thinking in Bets (Annie Duke) - Getting to Yes (Roger Fisher and William Ury) - Never Split the Difference (Chris Voss) - The Bald Truth (David Falk)
Self
- The 7 Habits of Highly Effective People (Stephen Covey)
Design and UX
- Creative Confidence (Tom Kelley and David Kelley)
AI (Machine Learning, Deep Learning/Neural Networks)
- Andrew Ng's AI for Everyone course: [https://www.coursera.org/learn/ai-for-everyone](https://www....
Growth (Data Science, etc.)
- Hacking Growth (Sean Ellis and Morgan Brown)
Graph Theory
Product
- Inspired (Marty Cagan) - Joel on Software (Joel Spolsky)
Customer Loyalty/Customer Success
- Delivering Happiness (Tony Hsieh) - Setting the Table (Danny Meyer)
Finding a Startup Job
- Entering StartupLand (Jeffrey Bussgang)
CIO as ICP
- The CIO Paradox (Martha Heller) - Be the Business (Martha Heller)
Stories
- Made in America (Sam Walton) - Shoe Dog (Phil Knight) - The Everything Store (Brad Stone) - Built from Scratch (Bernie Marcus and Arthur Blank) - Hard Drive (James Wallace) - Steve Jobs (Walter Isaacson) - Elon Musk (Ashlee Vance) - Creativity, Inc. (Ed Catmull) - The Ride of a Lifetime (Bob Iger) - Valley of Genius (Adam Fisher) - The Idea Factory (Jon Gertner) - Dealers of Lightning (Michael Hertzik) - Idea Man (Paul Allen) - Pour Your Heart Into It (Howard Schultz)
- Winning, by Jack Welch The best business book I ever read.
- Here's my shortlist:
- The Art of the Advantage (33 stratagems)
- Winning By Jack Welch
- Tribal Leadership
- Creativity Inc
- The Lean Startup (~leadership in the face of uncertainty)
- >I am, however, dubious about Jack Welch as a role model. Steve Ballmer's adoption of Welch's employee performance system did more damage to Microsoft than any other single policy I can think of.
I think people can apply something as clear as an equation the wrong way, let alone what a person says. Just because I can't make the maths work doesn't mean mathematics don't work. Maybe I'm just clumsy.
I've become aware of the resentment some people have towards Welch after reading "Winning" (which I liked a lot). I'm not familiar with the controversy, but from what I have seen, Welch is revered by a lot of people too.
It appears GE's valuation increased 4000% when he was at the helm. Though the S&P was +1400% in 2000 with respect to 1980. A bull market.
Here's GE under Welch during the boom:
https://www.dropbox.com/s/v4hgl8zpzrtg34k/Welch_GE_SP.png?dl...
Here's GE from 2001 when he left (dealing with two crashes must have been terrible for Immelt):
https://www.dropbox.com/s/k6gk4vztyzvxnp0/GE_2001_2016.png?d...
- You may want to consider reading "Winning", by Jack Welch. If that little bit made you reconsider your job, his chapter on job fit would probably be right up your alley.
