book review winning jack welch with suzy welch

Book Review: Winning by Jack Welch with Suzy Welch

Book Review: Winning by Jack Welch with Suzy Welch

Genre: Business

“A person cannot make hard decisions, hold unpopular position or stand tall for what he believes in unless he knows who he is and feel compatible with that.” ~~ Jack Welch (Book: Winning)

The title attracted me towards the book. Though, I was not in the mood to get it, not after seeing the stain on the cover.

Some people really don’t have much sense (or maybe they don’t like to use it when it’s not their property) — to not use books as a table.

Anyway, let’s begin the review or rather the lessons I have chosen to share:

Lessons from ‘Winning by Jack Welch with Suzy Welch’:

Lesson 1: Evaluate The Benefits Of A Job:

Some of the ingredients of picking a good job are: you like doing the work to some extent, you like the work environment, most of your colleagues, the company provides not just the benefits but opportunities to advance your career and of course you get paid well.

It’s OK if your first job doesn’t have all that you want or need from it. But it should meet some of your criteria and you should know your criteria for selecting a job. Don’t just pick any or the first job that comes your way.

There’s no need to stay with that job forever. Continue your search for the job you want or the one better than you have.  

“Every job has its ups and downs. If a job doesn’t excite you on some level – just because of the stuff of it — don’t settle. And don’t worry either about knowing when you find a job with meaning.” ~~ Jack Welch (Book: Winning)

 

Lesson 2: Treat People Right:

This rule applies not just to customers, but people working in and with your company too. People working for you are not just your employees, but they are also representatives of your company.

If you won’t treat them right when they are working for your company then chances are they won’t treat the customers’ right either. If your employees wouldn’t treat the customers’ right, your company reputation might suffer.

Also, there’s always a possibility of your ex employees badmouthing your company once they leave, if they were not treated right.

“Every person who leaves goes on to represent your company. They can bad-mouth or praise. For the next five, ten or twenty years, they can bad-mouth or praise. In the most extreme cases, people take their anger public, and a few become so-called whistleblowers.” ~~ Jack Welch (Book: Winning)

 

Lesson 3: Be Daring Enough To Call Spade a Spade:

Most people are scared of saying things as it is. They don’t say it in life outside of the office and certainly don’t take a risk of sharing their opposing views at the office.

Rarely anyone wants to be at the center of a conflict and speaking your mind has the potential to put one right under the spotlight.

The companies should aim to have a culture of open, honest communication to continue being the best. If people in your company are scared of sharing their true opinion, then over time it’d result in lackluster results.

Even if you don’t like someone’s opinion or no one agrees, but everyone should be allowed to share their views without the fear of backlash.

No one person has all the right answers or good ideas all the time. To encourage people in your company to practice open communication, you should lead by the example.

“Candor just unnerves people. When you tell it like it is you can so easily create a mess — anger, pain, confusion, sadness, resentment. Eventually, you come to realize that people don’t speak their minds because it’s simply easier not to.” ~~ Jack Welch (Book: Winning)

 

Lesson 4: Work-Life Balance:

The author admits not knowing much about work-life balance or even following it in his life. But he does share some insightful information on how to have it.

If you’re an employee, you need to know few things about work-life balance:

1. Know that work-life balance is about knowing your priorities and finding out which ones are important to you.

Set boundaries in place, discuss what would not negotiate on from the start and don’t infringe on your own boundaries under pressure.

2. Having it all is a myth. Find out what it is that you want. You’d have to sacrifice something, to have something else. So decide what you’re ready to sacrifice for what you consider you certainly want.

For example: if you want to spend more time with your family, in that case you might have to cut back on some work that’d have helped your career.

3. Most bosses/managers would not mind supporting you establish your work-life plan if you’re a hard-working employee with a good record.

4. Don’t multi-task and learn to say no.

I found reading this section of the book much more beneficial than most of the useless articles I have read on this fancy subject of ‘work-life balance’.

“It is rare and lucky person who can have it all in life, all at the same time. Usually, that’s not the case. Work-life balance is a swap – a deal you’ve made with yourself about what you keep and what you give up.” ~~ Jack Welch (Book: Winning)

 

Lesson 5: Learn To Pay The Right Kind Of Reward At The Right Time:

Not everyone gets motivated with just praise or some decorative trophy etc. Quiet a lot of people even online and in some books try to make the other way of thinking acceptable that people just want work satisfaction more than monetary rewards.

I have found from my own experience that most people subscribing to this thought process are the ones who wants people to work for free or not charge the appropriate price for their talents/skills.

If you want talented, skillful to people continue working in your company, then get ready to compensate them financially for their work.

Only giving praise in words or in kind won’t keep those ambitious employees around for long. So know the motivation behind their work and don’t be surprised if it’s financial kind.

There seems to be some wisdom for both the entrepreneurs and employees alike in the book. Another thing I like about this book is its straightforwardness. 

“If your company is managing people well, it tightly aligns good performance with rewards. The better you do the more you get — and you get it in both the soul and the wallet. There is hardly anything more frustrating than working hard, meeting or exceeding expectations and discovering that it doesn’t matter to your company. You get nothing special or you get what everyone else does” ~~ Jack Welch (Book: Winning)

Hit or Miss: Hit.

Ratings: 4stars/5.

Buy: Amazon  | iTunes

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Priyanka Sharma

Writer, Blogger | Book Reviewer | Artist |

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