The Real-Life MBA: Your No-BS Guide to Winning the Game, Building a Team, and Growing Your Career by Jack Welch, Suzy Welch

The Real-Life MBA: Your No-BS Guide to Winning the Game, Building a Team, and Growing Your Career by Jack Welch, Suzy Welch
the real life mba

Jack & Suzy Welch have years of corporate experience under their belts. The Real-Life MBA is filled with some of their best practices culled from this background. Some of it I found helpful, other suggestions I didn’t enjoy as much, but I think that this may be because I’m coming from a non-profit career track rather than a cut-throat, competitive one.

Let’s get the negative out of the way first. Mr. Welch is well known for his practice of sorting his employees into tiered groups- the top 20%, the middle 70%, and the bottom 10%. If you are in the bottom 10% and you don’t improve within a certain amount of time, he promptly and tactfully assists you in finding new employment.

Now, I understand that there needs to be a balance when applying the carrot and the stick in business relationships. But, their approach just seems harsh. Welch insists that this system is more fair to the employer and employee- if you’re a bad fit, you’re not doing anyone any favors by sticking around.

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On the other hand, your business will always have a bottom %10 so there will always be the shadow of that looming ax. I suppose that this could lend itself to an environment of continual growth, but I feel like it would be more motivated by fear than love. And, really, who wants that.

I liked the vision of organizational structure that was presented in Yes, And: How Improvisation Reverses “No, But” Thinking and Improves Creativity and Collaboration by Leonard Kelly. I think that creativity, trust, safe environments for occasional failures and career success go hand-in-hand. By encouraging an “ensemble” effort rather than a “team” mindset and fostering collaboration rather than a score board, I suspect that one would see just as excellent receipts with less turnover and a closer team bond.

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I haven’t tested this theory though and Mr. Welch does have forty or fifty more years business experience than me, so take it with a grain of salt. But, that’s my two cents.

I liked the section on career development: It’s About You, starting on page 177. Most of it is just common sense advice, but it’s solid. Do what you love to do and don’t waste your time in a career you hate.

We spend most of our time at work so we may as well be happy when we’re there- it’s the fuel of success, etc. No big surprises, but sometimes the most useful and applicable advice isn’t surprising.

If you enjoyed The Real-Life MBA, I’d recommend Yes, And: How Improvisation Reverses “No, But” Thinking and Improves Creativity and Collaboration by Leonard Kelly to give you a slightly different viewpoint on teamwork.  Also, Work Rules!: Insights from Inside Google That Will Transform How You Live and Lead by Laszlo Bock so that you can read about HR practices inside one of the most successful and employee friendly companies on the planet.

I received a free copy of this book through the Goodreads First Reads program. Thanks for reading!

The Optimistic Workplace: Creating an Environment That Energizes Everyone by Shawn Murphy

The Optimistic Workplace: Creating an Environment That Energizes Everyone by Shawn Murphy

The Optimistic Workplace is a complex but useful manual on how to shift the environment at work. Shawn Murphy talks about all aspects of business from the individual to management to all the levels in-between. There weren’t many surprises in these pages, but the advice was solid.

I knew that leadership was important to the overall vibe in the work space and Murphy does say that it’s important: “…your leadership style impacts climate by up to 70 percent. Think about that 70 percent. It’s mostly how you show up and interact with others that shapes the climate that influences your team’s performance.” pg 9 But, it isn’t the only thing that matters.

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There are also ways in which the individual can change the work space. It all starts with greater self knowledge: “Workplace optimism thrives when people understand why they show up to work. Not only is the purpose and meaning of work important, but so, too, are the personal implications. … Personal expression through work is a major contributor to your employees’ well-being. Doing work that matters facilitates the expression of one’s talents.” pg 19 Makes sense. Know thyself does seem to be the foundation of most major life-changing movements.

“..the benefit to positively shaping the climate for your team is getting to know yourself better and discovering how to fulfill your own potential. You position yourself to love your work. In doing so, you set the tone and lead the way to help your employees realize their own potential and find greater meaning in their work and life.” pg 48 Sort of a trickle-down effect of optimistic workplace awesomeness.

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Of all of the myriad of studies included in this book, my favorite was the study of “ikigai” : “Your health is linked to a sense of purpose in life, or, as the Japanese all it, ikigai. … A 2008 study in Japan by Toshimasa Sone and his colleagues sought to understand how, if at all, ikigai contributed to longevity in life. … Mortality risks were higher in those who did not have a sense of being and of joy. Those lacking clarity in intentional living had a higher incidence of cardiovascular disease and other life-threatening illnesses.” pg 89 Purpose or death.

The only critical thing I have to say about The Optimistic Workplace is that it’s so broad. Towards the end, I despaired of ever having the time to implement all of the changes suggested, even though they seem like good ones. My boss suggested that I take my favorites and start there. I think I will.

Recommended for those who have plenty of time for reflection and transformative meetings- I think that this book has huge potential. I just wonder how many businesses would be able to take the time and actually work their way through it. Some further reading: Mastering Civility: A Manifesto for the Workplace, The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work, and Work Rules!: Insights from Inside Google That Will Transform How You Live and Lead.

Thanks for reading!