By Janet Lowe
Detect what the most winning minds in company and finance need to sayIn the absolutely revised moment variation of Jack Welch Speaks, Lowe presents-in Jack Welch's personal words-the insights, visions, and philosophies that experience guided Welch all through his amazing profession at GE and his post-GE lifestyles. This e-book bargains an aim overview of Welch-from the administration ideas that helped him start to the talk surrounding his reimbursement package-and presents classes in management that can not be came upon anyplace else. With this ebook as their consultant, readers won't in simple terms learn the way Jack Welch grew to become one of many world's most-lauded CEOs, yet they will additionally realize precisely what it takes to accomplish extraordinary luck in latest dynamic enterprise environment.Janet Lowe (Carlsbad, CA and Santa Fe, NM) is the writer of the bestselling invoice Gates Speaks (0-471-29353-9) and Oprah Winfrey Speaks (0-471-39994-9). Her articles have seemed in such guides as Newsweek, the Christian technological know-how computer screen, the la occasions, and the San Francisco Chronicle.
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Extra resources for Jack Welch Speaks: Wit and Wisdom from the World's Greatest Business Leader
It was the first to command more than $1 million a minute for advertising—a distinction previously limited to the Super Bowl. Not only was Seinfeld wildly popular, but its vast viewership has enabled NBC, a General Electric subsidiary, to slot shows around it on the schedule to maximize their popularity. indd 13 9/25/07 11:36:42 AM 14 JACK WELCH SPEAKS In 1997, NBC dominated prime time television, plus morning, evening, and late-night news ratings. Ratings, naturally, led to higher advertising rates and higher profits.
Indd 23 9/25/07 11:36:45 AM An American Odyssey GROWING UP IN SALEM Ask Jack Welch where he was born and he’ll say “Pibiddy,” pronouncing Peabody the Massachusetts way. Jack grew up in the next town over, Salem, in a middleclass neighborhood filled with big old houses and tall trees and bounded on three sides by cemeteries. Number 15 Locust Street is a two-story frame house, not large but not small, surrounded by towering oaks and elms. Today, a “senior citizen crossing” sign marks the end of the lane.
17 But by 1997, when NBC paid more for Seinfeld— $120 million—than had ever been paid for a TV show, NBC was the undisputed leader in all segments of network TV. Quality remained high and profits blazed. Fortune wrote that Robert C. ”18 Comedian Jerry Seinfeld, star of the show, decided to call it quits at the end of the 1997–1998 season. He wanted to bow out while the show was still a hit. By then, NBC was a core in GE’s information business, and 1997 was its most profitable year ever. The message?