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EVERYTHING is covered.. This book is definately a must!, even for a historian his or her self!.
This book MUST be read, the experience is too much to miss...
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The historical section of Dorner's essay is rendered particularly delightful from the fact that he not only discusses such prominent figures as Augustine, Aquinas, and Scotus, but also lesser known protestant Scholastics, such as Quenstedt and Gerhard, as well as the acute 17th century Socinian, Conrad Vorst. This alone makes the book a treat for anyone interested in little explored aspects of the history of theology.
All in all this essay is a profound meditation on some of the most difficult and central aspects of Christian theology. I cannot recommend it highly enough. The translation itself is fluid and very readable, and the book is prefaced by a penetrating discussion, by Robert Williams, of Dorner and of the content of this essay. My only criticism is directed at the cheap book binding process that Fortress Press currently employes. I have only had this book for a little over a year, have not subjected it to any unusual sorts of stress, and yet every page of it is now loose from its back. The same thing has happened, in short order, to all the paper back books I possess published by Fortress Press. It is unfortunate that a translation this good of an essay this great should be treated in so shabbily by Fortress Press. So great a Lutheran Father as Dorner deserves better from a press devoted to preserving and furthering the Lutheran heritage.
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In fact, the core concepts or the secrets are nothing new. Quality and Re-engineering gurus like Peter Drucker, Philip Crosby, Tom Peters etc had stressed the importance of quality, customer orientation, corporate culture, employee involvement blah blah blah for decades. It's just that Jack Welch has been so successful a real life practitioner and advocate that nobody can neglect. Think about the 6 sigma phenomenon and you know what I mean.
In case you just want to know the secrets without the elaboration, or that you cannot afford one, go to the table of content (Thanks to Amazon) and have a look. All the secrets are already there. (Sorry, Mr. Slater). However, I still think it is a good collectible for your personal library.
p.s. I had worked in an acquired subsidiary of a Fortune 20 company. I am sorry that what happened there was far from what Mr. Welch preached. The result is: The leader five years ago (when it was acquired) is now the fifth in the market.
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Mr. Welch is a master of focus. He took GE and turned its attention to the most significant opportunities. This was accomplished both by drawing attention to certain areas, and by eliminating many others.
Mr. Welch's great strength is that he is open to and hungry for new ideas. As a result, his thinking has improved a lot from the beginning of his tenure as CEO. A modest weakness of this book is that it doesn't say enough about how the later ideas sometimes contradict the earlier ideas. For example, the book shows that Mr. Welch was always focused on cost-cutting. In the beginning, he often did this in the most brutal way . . . with massive layoffs. Only very late in the game did he discover the quality processes that produce larger and more valuable cost reductions. Such quality processes flourish when employees have stable employment and the focus is on improving their knowledge and autonomy. Yet, the concepts of Six Sigma were well known early in his tenure as CEO. Perhaps GE needed to been even more eager for new ideas than it has been. On the other hand, GE seems to have been effective in adapting to the Internet in a timely way.
The book is organized around the following principles:
(1) Turning managers into leaders
(2) Using everyone's thinking in the enterprise
(3) Moving ahead faster than competitors in meaningful ways
(4) Expanding stock price more rapidly than earnings
(5) Using new trends the influences to your advantage.
These concepts are then translated into practices for you to use in three master classes:
(1) Exercising leadership
(2) Changing company culture
(3) Breaking boundaries and limitations.
This book will be most useful to companies and leaders that are in many businesses, have a lot of bureaucracy and rigidity, and are not in high growth areas. The examples are almost all drawn in ways that are relevant to those problems. On the other hand, the idea of focusing is useful for any business.
My main disappointment in the book is that it did not address GE Capital, which has been the source of most of GE's success under Mr. Welch.
Mr. Heller draws extensively on the primary books about Mr. Welch that preceded this one. Unless you want a lot more detail, you will not need to read those. There is a bibliography to help you find them in case you decide you do want to read them.
After you examine this situation, I suggest that you take Mr. Welch's observation seriously that he did not move fast enough. If your company is going to be operating as well as it possibly can in five years, what changes have to be made before then? How can you get through these needed changes in the fastest, smoothest way? The future environment will probably not allow you to take as long to change as Mr. Welch had.
Focus on the places where leadership can make the most difference!
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People began asking for the book.
Mr. Welch decided in 1963 to publish The Politician in self defense. Once the book was printed, demand by bookstores suddenly dried up, and reviewers quit mentioning it. Hundreds of thousands of copies were eventually sold, but that is another story...
The chapter on Operation Keelhaul is worth the price of the book. Eisenhower's role in the forced repatriation of refugees and anti-communists to the Soviet Union at the end of WWII is well documented. It is a nauseating account of treachery and politics in the twentieth century.
The maneuverings leading up to the 1952 GOP presidential nomination are also revealed in the book, along with many other historical details of the Eisenhower years not commonly known. Hundreds of footnotes list primary sources, mostly major newspaper stories, to verify the narrative.
The value of the book is not limited to students of the 1950's. Great insight into present day U.S. foreign policy is hidden within the story of Ike. The uncanny similarity of Clinton's globalism to Bush's "New World Order" makes more sense after reading this groundbreaking book.
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Second, many of the paragraphs seem to be cut and pasted from one chapter to another. I felt that I was re-reading essentially the same ten paragraphs scattered throughout the book. Very frustrating because it indicates either laziness by the author or redundancy to be pedantic.
Next, many books claim to have a special insight since the author was given rare access to the GE training center known as the "pit." This book claims that as well and quotes Welch at a number of public meetings...in an attempt to reinforce the concepts.
As Welch soon retires, I wonder if these same books will hold the interest they now capture. You are better served by more narrative, substantial texts on Welch and his management style. As always, Amazon readers can rate reviews and many loyalists vote against critics. I have a great admiration for Welch, and what he managed to accomplish. This book does neither him, nor his accomplishments real justice.
Reading this "guide for leaders" I wondered if Welch would look at it and laugh at its simplicity.
Despite all this, Groundwork is not difficult reading. Somehow Welch manages to make it all work, and even a casual reader with little or no background or interest in the history of the Irish people will find it absolutely fascinating and often thrilling. On the most superficial level, the daily lives of the Condon and O'Dwyer families in the 20th century capture the reader, who can identify with them and share their tribulations--a girl who finds herself pregnant and abandoned, a son who becomes a monk, a father whose children die during an epidemic, a wife who finds that her husband has been unfaithful.
Welch is not writing a melodrama here, however. These events are related to the ongoing history of the Irish people, with some entries here dating back to the Elizabethan period. Betrayals in the 20th century parallel some depicted in earlier centuries; the struggle to survive as Irishmen in a country dominated by the British is similar, regardless of century; the seemingly thankless efforts of scholars to preserve the history, culture, and language of the Irish continue unabated through time; and the desire to achieve respect, both individually and as a people, never wanes. As Katherine Condon remarks on the death of her mother, "I'd like to be with her among the dead, and along with all the Condons and O'Dwyers that have lived here for so many centuries. We are all alike, all sad and thoughtful, and full of rancour and feeling." And Welch includes it all in this book.