Sorry, Jack!"... "Your Rules for Winning Don't Work Anymore.

Even now, nearly five years after his retirement from GE, Jack Welch commands the spotlight. What came to be known as Jack's Rules are by now the business equivalent of holy writ, bedrock wisdom that has been open to interpretation, perhaps, but not dispute.

But the time has come: Corporate America needs a new playbook. The challenge facing U.S. business leaders is greater than ever before, yet they have less control than ever-and less job security. In executive suites across the country, a dramatic rethinking is underway about fundamental assumptions that defined Welch and his era.

Jack Welch, needless to say is having none of it.

Read Tearing Up the Jack Welch Playbook