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Index

W

Wal-Mart, 11, 12, 22, 24–25, 33
and "best ideas," 48–49
culture at, 43
as Fortune 500 leader, 202
founding of, 201
growth of, 209
slow start of, 208
stock performance of, 28, 30
vision of Sam Walton and growth of, 46
(See also Walton, Sam)
Wall Street Journal, 8–9
Walton, Bud, 46
Walton, Helen, 49, 203, 210
Walton, Sam, 11, 12, 22, 24, 33, 51, 200–218
background of, 201–203
"best ideas" sought by, 48–49, 203, 204
on copying from others, 198, 204
on customer as the boss, 197
as evangelical leader, 36–37
on the future, 44
on having fun, 52
as innovator, 206–207
and learning culture, 202–205
low-price strategy of, 206–210
merchandising strategy of, 213–214
small-town strategy of, 210–213
and technology, 214–216
vision of, 46
Watson, Thomas, 110, 113
"Wealth effect," 4
Weapon, using every, 113
Weekend meetings, 205
Welch, Jack, 11, 13, 20, 82–102, 105, 111
advance for memoirs of, 82–83
and best ideas, 95–96
"best ideas" sought by, 49
and Best Practices, 96
"boundaryless organization" created by, 93–95
and companywide initiatives, 97–99
on continuous learning, 79
and creating an atmosphere of trust, 92–93
and creation of learning infrastructure, 97
cultural initiative of, 42
and customer-oriented perspective, 34
as evangelical leader, 38–40
and flexibility, 95
GE stock performance under, 30
on having fun, 52
and IBM, 116
idealization of, 4, 5
and innovation, 95
learning infrastructure created by, 87–89
legacy of, 83–86
meritocracy created by, 51
"number one, number two" strategy of, 21–22
on operative compulsion to find better ideas, 80
and potential roadblocks to creating a learning culture, 99–101
retirement package of, 8–10
and rewarding positive behaviors, 96–97
and sound financial footing prerequisite for change, 90–91
and values, 92
and vision, 91–92
vision of, 46–47
and Work-Out initiative, 93–94
Windows operating system, 158
Woolco, 201
Work-Out, 42
Work-Out initiative, 93–94
WorldCom, 6
Wright brothers, 148

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