Win: Learn Execution from Jack Welch

Author: Gan Huaming
Publisher:
Publish Date: 2005-08-01
Features: Learn from Jack Welch, implement execution at the core processes, and have an "execution operation manual." Using the execution operation manual to implement execution is like using the "management compass" to draw the circle of management. The execution operation manual includes the following sections:
- "Execution: Personnel Process Operation Manual"
- "Execution: Strategic Process Operation Manual"
- "Execution: Financial Process Operation Manual"
- "Execution: Marketing Process Operation Manual"
- "Execution: Production and Operations Process Operation Manual"
- "Execution: New Product Development Process Operation Manual"
When corporate leaders truly implement execution at the core processes, they can:
- Establish a foundation for survival,
- Develop core competitiveness,
- Maintain enduring success,
- Achieve excellence,
- Create brilliance.
What enabled Jack Welch and General Electric's success? In short, it comes down to winning through execution—excellent execution. Jack Welch's excellent execution has two key requirements:
1. "Seriousness to the fullest, without any compromise,"
2. "Solid and steady, step by step."
In terms of results, excellent execution must achieve "three guarantees": timeliness, quality, and quantity. In terms of process, excellent execution must complete two mandatory actions and two optional actions.
The two mandatory actions are:
1. "Step by step, reaching the mark,"
2. "Step by step, always correct."
The two optional actions are:
1. "Perfectly filling the gaps,"
2. "Continuously improving."
To win, we must, like Jack Welch, comprehensively enhance execution—placing the key to improving execution in leadership.
Second, enhance the organization's execution by ensuring it through refined control.
Third, enhance employees' execution by ensuring it through their competence.
Win—Learn execution from Jack Welch, and let us start doing it now!