Control Your Destiny or Someone Else Will

Ask America’s business leaders whom they most admire, and they will not name a young dot.com entrepreneur. Their praise will go to the soon-to-retire chief of one of our oldest companies: Jack Welch of General Electric. This one man has revolutionized American management, bringing in a business revolution as profound as the Internet and the desktop computer.Now comes a completely revised edition of the first serious study of Jack Welch’s management principles, underscoring the enduring power of these six basic ideas:

1. Control your destiny, or someone else will.

2. Face reality as it is, not as you wish it were.

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.