Cerebral Shangrila

Monday, April 19, 2004

Control Your Destiny or someone else will

Just finished reading this book. Though the book's title sounds like a Self-help Personality development book , the Book is about GE in the 80's & 90's and how it transformed itself from a Colossus to a nimble warrior.Here are the six golden rules of Jack Welch for doing business :

1. Control your destiny, or someone else will.

2. Face reality as it is, not as it was or as you wish it to be.

3. Be candid with everyone.

4. Don't manage, lead.

5. Change before you have to.

6. If you don't have a competitive advantage, don't compete.

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