Winning ( Chapter 4 ) Voice and Dignity - Barack Obama, the president of the United States

In Chapter 4, Jack Welch brings up the hinge for every principle for the first 3 Chapters, mission and values, candor and differentiation. He points out that voice and dignity are the inherence of elements which everyone deserves them. People want the opportunity to speak their minds and have their ideas, feelings and to be respected for their work, effort and individuality. Jack Welch established Work-Out process at GE sites around the world. Groups of thirty to a hundred employees would come together. The aim was to eliminate some of the bureaucracy and roadblocks that were hindering them. In fact, he believed that Work-Out was responsible for one of the most profound changes in GE during his time there.

Barack Obama, previously served as a United States Senator. He is now the 44th president of United States. Inspiring the changes in United States, stop the war, cut tax, and take additional assignments with Health, Education, Labor and Pensions, Homeland Security, Governmental Affairs etc. He proposed an expansion of health insurance coverage to covr the uninsured, to cap premium increases, and to allow people to retain their coverage when they leave or change jobs. His proposal was to spend $900 billion over 10 years and include a government insurance plan. The plan also includes medical spending cuts and taxes on insurance companies that offer expensive plans.

When he was a senator, he moved to Chicago. He became the chairman of the Illionis Senate’s Health and Human Serivces Committee in January 2003. He devoted in the ethnic minority, poor educated group and grass root level. He is also a Christian, who likes to spread the love and honest among his families, relatives, society and to the United States of American. He fullfills the Jack Welch’s Work-Out process. As on his duty of the president of the United States, Obama proceeds his change therory which is based on listen and respect to his citzen in US and he wishes to this changes could be followed in the future. 

OBAMA: Biography Video/Convention Intro



Obama Answers Questions from Street Agitators Pt1

Winning ( Chapter 3 ) Differentiation - Steven Gerrard, the captain of Liverpool

In Chapter 3 of Winning, Jack Welch tells us that the values of differentiation.

The differentiation can be defined in a company into two parts. Software = people, Hardware = product lines. The people part can be separated the employees into 3 categories, top 20%, middle 70% and bottom 10%.

The top 10% are the best and no mistaking the stars at a company that differentiates. The middle 70% are the majority of the employees. The bottom 10% should leave the company. If the companies would like to win in the market, the managers should make a clear and meaningful distinction between top and bottom performing business and people. The top management system should cultivate the strong and cull the weak.

Several procedures would be carried out under the implementation of 20-70-10 and it cannot implement quickly. The leader should scrutinize people more closely and to provide more consistent, candid feedback, rewards those members of the team who deserve it. Keep training the middle 70% to provide high standard performance and improve every day. Moreover, protecting underperformers always backfires.

Steven Gerrard MBE, is an English professional football player who plays for and captains English Premier league club Liverpool and the England national team. He is the classic model of middle 70% when he just started his career in Liverpool 1999.

Gerrard has scored in nearly every major final that he has appeared in for Liverpool, proving that he is somebody to be relied upon in big match occasions. Prominent among them is the headed goal against AC Milan in the Champions League final in 2005, which kickstarted Liverpool's amazing comeback and the last minute stunning 35 yard equaliser against West Ham in the FA Cup 2006 Final. He was also on the scoresheet in the 2001 UEFA Cup final against Alaves and the 2003 League Cup final against arch rivals Manchester United. He is also remembered for his crucial 25 yard strike against Olympiakos in the Champions League which assured the Reds of a place in the last 16 of Europe's most prestigious club competition. While Ian Rush still holds most of Liverpool's scoring records, Gerrard is the club's highest scorer in Europe.

In 2010, John Terry was replaced by Rio Ferdinand as captain, following revelations about the former’s private life, and Gerrard subsequently became vice-captain.

During preparations for the 2010 FIFA World Cup, however, Rio Ferdinand was injured, meaning that Gerrard was appointed by Capello as captain for the tournament.

Obviously, the coach in Liverpool and the new coach Fabio Capello of England spend so much time on Steven Gerrard when he was in the middle 70% to reach the top 20% football player. Steven Gerrard improves step by step and he becomes the top 20% which gives the group a tangible goal and having that goal makes them work harder. They can think more creatively, share more ideas, and overall, fight the good fight everyday.

Winning ( Chapter 2 ) Candor - Stephen Green, the chairman of HSBC

In the second chapter of Winning, Jack Welch mentions that lacking in candor can block smart ideas, fast action, and good people contributing all the stuff they’ve got.

The effect of candor can lead to winning process with three main ways.

1) It can get more people in the conversation. More ideas can be collected and study in the meetings.

2) It can generate speed. The solutions, new ideas and improvement can come out rapidly as many people debate rapidly.

3) It can cut cost, reduce the meaningless meetings and reports.

Jack reminds us the key factor to keep exisiting of  candor, we should reward it and praise it and talk about it. We have to demonstrate ourself in an exuberant and even exaggerated way.



Stephen Green, the chairman of HSBC will step down from the bank to take up the role of trade minister in the coalition government. He worked at the bank for 28 years. He will join British Prime Minister David Cameron's coalition government as trade minister next year.

He is a hugh proponent of candor. In 2003, he reliazed that HSBC made the wrong investment. Plently of the shareholders from the public were disapppointed and lose the trust of the service from the bankers. He reported to the public that the industry did so many things wrong. Green was the first person refused to receive the bonus from the bank referring to HSBC's $15Bn acquisition of the sub-prime lender Household International in 2003. He is understood to donate a substantial amount of his own salary to charity while so many top executives at HSBC still received massive pay packets, with five bankers sharing a £38m bonus pot last year.

The prime minister mentioned he was the vital role of trade minister with his experience and expertise. To be honest, Green has a particular ability which can drive strong economic growth in UK.

Davos Annual Meeting 2010 - Stephen Green