Sorry, Jack!

Tearing up the Jack Welch playbook

Enough already. Corporate America needs a new playbook. The old rules of the Jack Welch era don't work any more. Today's volatile, brutally competitive business climate demands a new set of rules and whole new mindset.

What do you think? Is it still so critical to be Number One or Two? Is that the best way to think about your market? Is being biggest still best? Is Six Sigma all it was cracked up to be? What do you think it takes today to get ahead and stay ahead? What new rules would you add? -- Betsy Morris, Fortune senior writer
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