Working with Welch
EducationWorld October 08 | EducationWorld
Jacked Up by Bill Lane; McGraw Hill; Price: Rs.325; 324 ppAt the height of his fame in the 1990s, perhaps no business leader — before or since — attained the iconic status of Jack Welch, former chairman of the American conglomerate GE (formerly General Electric) for almost a quarter century from 1980-2000. Most business analysts and biographers attribute his success in transforming GE into a global corporate heavyweight and the worlds most admired and analysed company, to his leadership, analytical and organisation skills. But according to Bill Lane, speechwriter for this feisty and irrepressible CEO nicknamed Neutron Jack by the media (able to decimate people without destroying property), the secret of Welchs success was that he was a consummate communicator — he talked GE into becoming the worlds greatest company. Unsurprisingly, Lane claims some of the credit as Welchs speechwriter who christened him CEO of the Century. This book is about the moments Lane shared in a roller coaster ride from tough to tender situations in Jack Welchs GE world — a world in which he lived and breathed-with-bated-breath for 20 years before he was summarily fired. Lane offers a ringside view of GE under the tempestuous Welch who would often fly off the handle and didnt care about mincing his words, many of which are unprintable. It was a tight-rope walk and Lane held his well-remunerated position of speechwriter — a VIP job in corporate America (and entertainment) — for over 20 years. Yet the USP of Jacked Up is that its more than an insiders biography or a self-aggrandising narrative highlighting the authors critical role in the evolution of Welch into a communicator extraordinaire. Simultaneously it is a business management textbook replete with advice to incumbent and aspirant managers in industry with an eye on the top job. The book is rich with anecdotes about Welch in action and lessons in business and organisational leadership for which excellent, succinct communication is a prerequisite. Although an almost non-existent species in India, the speechwriters job — particularly at GE under Welch — was a tough task. Lane recounts how he handled Welch with professional tact, and tells of frightening moments when he thought a poorly phrased remark that didnt pander to the boss vanity would cost him his job. Survival at GE under trigger happy Neutron Jack required nerve, grit and managing a hard taskmaster, involved in every minutiae of the conglomerates business. At another level Jacked Up is also Lanes autobiography. It narrates Lanes transformation from an army communications professional who taught top defence brass how to talk to Congress, into a corporate communicator pitch-forked into a lifestyle of corporate jets, bulging budgets, wining-and-dining and golf courses — all booby-trapped with verbal minefields. A strong proponent of the power of the spoken word who believes every executive should be an effective and successful speaker, Lane gives plenty of examples of communication failures not tolerated by Welch — and how to spot them. Yet in essence this is a management…