Jack Welch, Cisco, United States discussed on Recode Decode

Recode Decode


It Cisco, we knew how to make those transitions will teaching these young companies how to do it and then communications during Jack Welch's time, and he's a good friend and actually one of the endorsers of the book you didn't have to be good a communications to be a great SIA in today's world, you better be good communications, and that includes this Ning social media ability to take complex topics and move with tremendous speed because your brand image damaged can be done to it in an air that would have taken Jack Welch's times months to occur. So you say, how do these characteristics work? Then you teach him understand if you haven't got a market transition going on in different business models. Don't go into that. Market, you can get hammered hundreds person into new market without differentiations going to get crushed. So you catch these technology trends competing moving to the edge, the importance of security, internet of everything. Five hundred billion devices getting connected, the internet, the ability to manage that data and to be able to get the right outcome at the right time to the right person or machine to make the right decision. Those are huge opportunities, and that's why I'm so up to mystic that the job creation engine can be as strong as it was in the nineties or even stronger. If we read this. Obser- those because obviously I was just talking to Lou about the loss of jobs and they're going to like, especially in China, the manufacturing jobs are all going to be automated, so they have to deal with that. So for example, completely agree. I my numbers, unfortunately, twenty to forty percent of jobs today. We'll get destroyed. And I said that three to four years ago, and that's why moso on the bandwagon large companies will not add headcount mathematically if you're not doing it, at least ten percent, you're gonna give raises to your employees. You're basically gives some profits back to the shareholders. I in terms of the issue and you're gonna drive productivity at forty five percent which enables the first two. So by definition and this, your company's growing probably in double digits, your headcount growth over the next decades going to be flat to probably negative. It means that if we don't get dramatically more start ups, more companies are going out of business in the US than going in. If we don't increase the number, not incrementally by ten or twenty percent like we're trying to do on this year, think about the tip of the iceberg. But you think about how do you do this by. Fifty or one hundred percent, then you have to think about it differently, and that's what our counterparts doing in this world. You're in a world with you the disrupt or you get disrupted. It's not a zero sum game, right? Which is, is it somewhat knew to speed is three to five pounds faster, and the implications are three to five times more. So what I'm trying to do with this book is saying, this is really an example a hopefully go to book for leaders with their business or individuals with how do you do what I loved in college, which is gimme the cliff notes. Tell me the stories that make me understand why this process worked, and that's how you remember who stories you do that, so well in your business, then cliff notes at the back just give me the key takeaways. So all thirteen chapters we have cliff notes the back of it, and it's something that I hope that people will read and probably find more interest certain chapters initially than they will perhaps six or twelve months later if it really works right, you'd love to see 'em BA school say, this is your your bible for really how you develop business in. Well, the ideas..

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